323-325 Invermay Road, Mowbray, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

323-325 Invermay Road
Mowbray TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 94m2
Land area: 1188m2
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Property Details for 323-325 Invermay Rd, Mowbray

Building Type
Land
Floor Size
94m2
Land Size
1188m2
Local Government
Launceston
Lot/Plan
1/133019

Last Listing description (December 2022)

As one of the highest profile sites on Invermay Road this brilliant parcel of land comprising 3 street frontages is zoned commercial under the Launceston Planning Scheme.
The existing use is currently a car sales yard, offices, workshop and residential 3 bedroom flat.
The site comprises a level parcel of land of some 1248m2, fully fenced and bitumend with all major services connected and with further improvements thereon of approximately 41m2 of offices, 180m2 of workshop and 113m2 of upstairs flat area.

The site offers further development potential if required.
The owner has traded here very successfully for many years and has developed a cult following with clients.
Offered for sale Freehold Only.
Contact Gary today for an inspection.

Property History for 323-325 Invermay Rd, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Listed for Rent
$225/w
25 May 2018
  • 22 Jun 2022
    Listed for Sale Offers over $1.95 Million + GST if app
  • 09 May 2018
    Listed for Rent - Price not available
  • 23 Jan 2015
    Listed for Sale $1,200,000 + Gst
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About Mowbray 7248

The size of Mowbray is approximately 9.4 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Mowbray in 2016 was 3733 people. By 2021 the population was 4048 showing a population growth of 8.4% in the area during that time. The predominant age group in Mowbray is 20-29 years. Households in Mowbray are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mowbray work in a community and personal service occupation.In 2021, 46.10% of the homes in Mowbray were owner-occupied compared with 47.90% in 2016.

Mowbray has 1,914 properties. Over the last 5 years, Houses in Mowbray have seen a 54.68% increase in median value, while Units have seen a 60.83% increase. As at 30 April 2026:

  • The median value for Houses in Mowbray is $531,567 while the median value for Units is $420,634.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 16 properties listed for rent in Mowbray on OnTheHouse. According to Cotality's data, 102 properties were sold in the past 12 months in Mowbray.

Suburb Insights for Mowbray 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.