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.
$575,000
Last sold
17 Apr 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
305 m²
Land
85 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
$575,000
17 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Invermay (last 5 years) with land size have a median of $1,068/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
+7.5%
Median sale
Suburb $535,000
-0.35 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 The Agency Northern TasmaniaThere's something instantly inviting about Cherry Tree Cottage, from the charming picket fence right through to the welcoming front porch with its original fretwork detail. It's the kind of home that feels warm and established from the moment you arrive - and it's the small details you'll find yourself falling in love with… the cherry trees when they blossom, roses in full bloom, and mature fruit trees including a fig tree currently laden with fruit.
Inside, the character continues with all the features you'd hope for in a cottage of this era - high ceilings, ceiling roses, decorative fireplaces, sash windows, along with original door furniture and beautifully aged, mix-and-match timber floorboards that add to the home's story. The layout is flexible depending on your needs, offering either two bedrooms with a generous living and dining zone, or the option of three bedrooms if you prefer a different setup.
The kitchen and bathroom have been thoughtfully updated, bringing a light and modern contrast to the home's traditional feel. The bathroom includes a free-standing bath as well as a separate shower, creating a practical and appealing space for everyday use.
Outdoor living is well catered for with two separate decks - one flowing directly from the kitchen, ideal for casual meals, and the other accessed via French doors from the lounge, perfect for relaxing or entertaining. The yard is fully fenced with a grassed area, garden shed, and a shared off-street parking for one to two cars, which is a real advantage this close to the CBD.
Positioned within easy walking distance to the CBD, the new University campus and the Seaport precinct, this is a home that brings together lifestyle, character and convenience in a sought-after location.
Key features:
• Charming picket fence and front porch with original fretwork
• Cherry trees, established roses and mature fruit trees including a productive fig tree
• High ceilings, ceiling roses, decorative fireplaces
• Sash windows, original door furniture and unique timber floorboards
• Flexible layout: 2 bedrooms + living/dining or 3 bedrooms
• Light-filled, updated kitchen and bathroom
• Bathroom with free-standing bath and separate shower
• Two decks – off the kitchen and via French doors from the lounge
• Fully fenced yard with grassed area and garden shed
• Off-street parking
• Short 5–10 minute walk to CBD, University campus and Seaport precinct
Council Rates approx. $1800 p.a.
Water Rates approx. $1200 p.a.
Listing description written by Richard Bailey, The Agency Northern Tasmania — reproduced as published, not verified by Districts.