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.
$621,000
Last sold
14 Aug 2025
2
Bedrooms
1
Bathrooms
4
Car spaces
467 m²
Land
114 m²
Building
Districts View
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
$621,000
14 Aug 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+16.1%
Median sale
Suburb $535,000
-0.69 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 PropertyTucked away in the heart of Invermay, this gorgeous character cottage offers the ultimate blend of charm, comfort, and convenience - whether you're looking for a ready-made Airbnb investment, a weekend retreat, or a place to call home. Fully renovated and immaculately presented, it's being sold as a turn-key, walk-in walk-out opportunity - right down to the designer furnishings, luxe finishes, and thoughtful extras your guests (or you!) will love.
Inside, the home is warm, inviting, and full of personality. Both bedrooms are generously sized with built-in robes, ceiling fans, and quality carpets underfoot. Each bedroom features a panel heater, while the main living area is climate controlled year round with a reverse cycle air conditioner. The home also has a natural gas connection, gas hot water system, and solar panels - adding energy efficiency and long-term cost savings to its long list of features.
The floor plan is smart and functional, flowing seamlessly from the cosy living space to a sleek, modern kitchen that's fully equipped for everyday living or short-term stays. The dining area sits adjacent to the kitchen and offers excellent flexibility - should you wish to convert the home into a three bedroom property, this space could be easily enclosed with a single wall and doorway, making it a cost-effective upgrade with great potential.
The bathroom has been stylishly renovated, while a separate laundry adds to the home's practical appeal. The kitchen and living area open directly onto a covered deck, ideal for year-round entertaining.
The bathroom has been stylishly renovated, while a separate laundry adds to the home's practical appeal. The kitchen and living area open directly onto a covered deck, ideal for year-round entertaining. Step outside and discover a sun-soaked backyard that's private, low maintenance, and perfect for quiet mornings or lazy afternoons. There's even a working sauna for the ultimate indulgence.
Set in a thriving and highly sought-after suburb, Invermay is just moments from public transport and within walking distance to UTAS Stadium, the Inveresk campus of the University of Tasmania, and the Launceston CBD. It's a location that offers both lifestyle and convenience, making it a favourite for homeowners, students, and investors alike.
With a strong booking history, premium inclusions, plus a location close to local eateries, attractions, and scenic walks, this is an opportunity that's as effortless as it is exciting.
Whether you want to move in, escape on weekends, or capitalise on a proven short-stay investment, this one-of-a-kind cottage delivers on every level.
Disclaimer - We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations to copy.
Listing description written by Renee Parry, Parry Property — reproduced as published, not verified by Districts.