86 Goderich Street, Invermay, TAS 7248 | Property Value & History | OnTheHouse
 
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86 Goderich Street
Invermay TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 88m2
Land area: 1506m2
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Property Details for 86 Goderich St, Invermay

Building Type
Commercial
Year Built
1928
Floor Size
88m2
Land Size
1506m2
Local Government
Launceston
Lot/Plan
2/73303

Last Listing description (June 2021)

For sale by offer with vacant possession is this extremely well exposed Goderich St site, which has successfully served the second hand car industry for a number of years. Comprising a recently refurbished showroom, approximately 1062m2 of concrete hardstand and separate residence with secondary access.

Features:
- Boasting an approx 1954m2 footprint over 4 separate titles

- Inclusive of a passing income of approx $8,587 Net pa from existing house on the corner of Goderich Street and Brewer Place - no agreement in place.
- Ideally suited to a similar use being car yard showroom and sales
- Option to redevelop into modern multi residential site STCA.
- Street frontage to Goderich Street and Brewer Place of approx. 100m with separate access off Brewer Place.
- Potential for southern title to link onto Dunning Street
- Goderich Street is part of the State Highway network and plays a critical role in facilitating efficient access in and out of Launceston, as well as a major through corridor for intra-city traffic and regional freight and tourism traffic.

The property bears an 'Inner Residential' zoning overlay which does provide opportunity for some discretionary commercial development applications and clear existing use rights for vehicle sales.

Clear future upside on offer to buyers who can procure a rezone.

Contact Marcus Douglas for further details.

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Property History for 86 Goderich St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$1,300,000
12 May 2022
  • 12 May 2022
    Sold for $1,300,000
  • 21 Jul 2020
    Listed for Sale Contact Marcus Douglas
  • 15 Jul 2014
    Sold for $610,000
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About Invermay 7248

The size of Invermay is approximately 4.1 square kilometres. It has 9 parks covering nearly 21.5% of total area. The population of Invermay in 2016 was 3061 people. By 2021 the population was 3498 showing a population growth of 14.3% in the area during that time. The predominant age group in Invermay is 20-29 years. Households in Invermay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Invermay work in a community and personal service occupation.In 2021, 46.50% of the homes in Invermay were owner-occupied compared with 44.00% in 2016.

Invermay has 2,055 properties. Over the last 5 years, Houses in Invermay have seen a 51.25% increase in median value, while Units have seen a 23.90% increase. As at 28 February 2026:

  • The median value for Houses in Invermay is $539,662 while the median value for Units is $358,768.
  • Houses have a median rent of $470 while Units have a median rent of $440.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 112 properties were sold in the past 12 months in Invermay.

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