88 Forster Street, Invermay, TAS 7248 | Property Value & History | OnTheHouse
 
FOR SALE

88 Forster Street
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 112m2
Land area: 445m2
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This property is currently on the market
Lavender Lane, Invermay
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Property Details for 88 Forster St, Invermay

88 Forster St, Invermay is a 3 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 445m2 and floor size of 112m2.This Property is currently listed for sale with The Agency Tasmania

Building Type
House
Year Built
1920
Floor Size
112m2
Land Size
445m2
Local Government
Launceston
Lot/Plan
1/225686

Last Listing description (January 2026)

Located in a convenient pocket of Invermay, Lavender Lane offers a genuine opportunity for buyers prepared to add value. Previously tenanted, the property now requires some work to bring it up to standard for a new tenancy, making it well suited to investors looking to improve and re-lease, or owner-occupiers keen to refresh and create a home of their own close to the city.Key features Three bedrooms Open plan kitchen / dining / living area Direct access from the living space to the back deck Fully fenced rear yard Separate laundry Backyard shed for additional storage Off-street parking for two vehicles Walking distance to the CBD and Seaport Close proximity to the University and UTAS StadiumWhether you're seeking a solid investment in a high-demand location or a home you can refresh and make your own, Lavender Lane delivers on position and potential. Its close-to-everything setting in Invermay makes it a smart option now and into the future.Council Rates approx. $1800 p.a.Water Rates approx. $1200 p.a.

Property History for 88 Forster St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$208,000
06 May 2016
Listed for Rent
$360/w
10 Nov 2020
  • 08 Jan 2026
    Listed for Sale Offers Over $419,000
  • 09 Nov 2020
    Listed for Rent $360 / week
  • 04 Dec 2019
    Listed for Rent $360 / week
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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 2,056 properties. Over the last 5 years, Houses in Invermay have seen a 53.52% increase in median value, while Units have seen a 37.42% increase. As at 31 December 2025:

  • The median value for Houses in Invermay is $530,061 while the median value for Units is $359,103.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 13 properties listed for sale, and 6 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 101 properties were sold in the past 12 months in Invermay.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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