9 Balaclava Street, Invermay, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

9 Balaclava Street
Invermay TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 316m2
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Property Details for 9 Balaclava St, Invermay

Building Type
Commercial
Year Built
1988
Land Size
316m2
Local Government
Launceston
Lot/Plan
2/33333

Last Listing description (January 2020)

Unique warehouse in Invermay situated between two major thoroughfares of Lindsay and Dry Streets.

Immaculately presented warehouse of:


- 116 sqm
- Land area 316 sqm
- Zoned residential
- Sealed entry and parking area
- Future development potential STCA

Great opportunity to buy a versatile property in Invermay.

Property History for 9 Balaclava St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$198,000
23 Dec 2019
  • 23 Dec 2019
    Sold for $198,000
  • 17 Jul 2019
    Listed for Sale $220,000.00 + GST
  • 12 Nov 2018
    Listed for Sale $245,000.00 + GST
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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 51.50% increase in median value, while Units have seen a 24.89% increase. As at 31 January 2026:

  • The median value for Houses in Invermay is $527,444 while the median value for Units is $326,598.
  • Houses have a median rent of $460 while Units have a median rent of $440.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 102 properties were sold in the past 12 months in Invermay.

Suburb Insights for Invermay 7248

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Cotality Copyright and Legal Disclaimers about Property Data
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.