Invermay at a glance
3,463
People
$535,000
Median sale
$510/wk
Median rent
4.96%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
TAS › Invermay › Forster St
$589,500
Last sold
14 Aug 2023
3
Bedrooms
1
Bathrooms
4
Car spaces
1,012 m²
Land
258 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$589,500
14 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Invermay (last 5 years) with land size have a median of $1,078/m² of land (n=134). Districts calculation from recorded sales — not a valuation.
Invermay at a glance
3,463
People
$535,000
Median sale
$510/wk
Median rent
4.96%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Vs Invermay
+10.2%
Median sale
Suburb $535,000
-0.46 pp
Gross yield
Suburb 4.96%
Suburb median $535,000 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $510/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Invermay at a glance
3,463
People
$535,000
Median sale
$510/wk
Median rent
4.96%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Parry PropertyDiscover a hidden gem in Invermay with 100 Forster Street, a charming and spacious 3-bedroom, 1-bathroom character home that's perfect for families and investors alike. The property boasts a garage with workshop and an office, providing a versatile and valuable space.
This property exudes privacy and seclusion thanks to its well-established and thoughtfully landscaped garden. You'll be greeted by a charming front entryway featuring a large covered porch with original timber details. The heart of the home is the cozy living room with a wood fire, and the three generously sized bedrooms offer peace and quiet. The updated main bathroom features a large open shower, a freestanding bath, and a vanity, while the separate toilet and laundry add convenience.
The light-filled kitchen has been recently refreshed, offering ample bench space and storage, and leads directly to the elegant dining room through French doors. The formal feel of the dining room adds to the charm of the property.
Featuring new front and back verandahs, fresh exterior paint, and a completely redone kitchen with new plumbing and floorboards. Enjoy a mix of modern and classic features in this charming home.
Adjacent to the home, you'll find a shed with a workshop and garaging space, as well as a separate office that's perfect for those who work from home or need extra space.
Located in the exciting and growing area of Invermay, this property is a stone's throw from the Inveresk Precinct, which includes York Park, UTAS campus, and QVMAG. It's also within walking distance of local amenities, schools, shops, and public transportation.
Don't miss this opportunity to own a piece of Invermay's hidden charm. Contact Parry Property today for more information or to schedule a viewing.
House Size: 154m2 approx.
Garage Size: 104m2 approx.
Land Size: 1012m2 approx.
Year Built: 1920
Local Council: Launceston City Council
*We have in preparing this listing used our best endeavors to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.
Listing description written by David Parry, Parry Property — reproduced as published, not verified by Districts.