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 › Gleadow St
$599,000
For sale
Asking
3
Bedrooms
2
Bathrooms
5
Car spaces
600 m²
Land
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
Asking
$599,000
Asking · $998/m² of land
No recorded sale for this property.
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
+12.0%
Median sale
Suburb $535,000
-0.53 pp
Gross yield
Suburb 4.96%
Suburb median $535,000 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$26,412 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Invermay's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 This Space Real EstateTHIS SPACE PRESENTS: 47 Gleadow Street, Invermay TAS 7248
Nestled in the heart of Invermay, this delightful residence offers a wonderful opportunity to embrace a vibrant Northern Tasmanian lifestyle. From the moment you arrive, there's a sense of warmth and invitation, hinting at the comfortable living spaces within. Thoughtfully presented, this home provides a canvas for it's new owners to infuse their personal style, creating a truly bespoke sanctuary. The generous proportions throughout ensure a feeling of spaciousness, allowing for flexible living arrangements and a harmonious flow between rooms.
Step inside to discover interiors bathed in natural light, creating an uplifting atmosphere. The living areas are designed for both relaxation and connection, offering ample room for everyday life and entertaining. Each bedroom provides a peaceful retreat, promising comfort and privacy. Outside, there is an expansive garden space offering a private haven for outdoor enjoyment, gardening, or simply unwinding.
This is a property that truly feels like home, ready to welcome its next chapter.
THIS SPACE: the features.
- Three comfortable bedrooms
- Two well-appointed bathrooms
- Spacious living areas with ample natural light
- Extensive off-street parking
- Large, established garden
THIS SPACE: the location.
Invermay is a highly sought-after suburb, celebrated for its convenient location and community feel. This address places you within easy reach of Launceston's vibrant CBD, offering quick access to an array of cafe's, restaurants, and cultural attractions.
The University of Tasmania's Inveresk campus, Seaport precinct and various sporting facilities are all just moments away, enhancing the lifestyle appeal. Enjoy leisurely strolls along the Tamar River, explore local parks, or take advantage of the excellent transport links. Invermay truly offers the best of both worlds: a peaceful residential setting with urban convenience at your fingertips.
THIS SPACE: the details.
House size: 145 m2
Land size: 600 m2
Rental Appraisal: $600 - $640 per week
Built: 1900
Zoning: General Residential
DISCLAIMER: This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective purchasers should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.
PROPERTY ACCESS DISCLAIMER:
Entry to the property requires prior approval from employees of This Space Real Estate. Persons entering or inspecting the property do so entirely at their own risk. This Space Real Estate, the vendor and their representatives accept no liability for any injury, loss or damage sustained while accessing or inspecting the property, including but not limited to slips, trips, falls, snake bites, uneven terrain or natural hazards. All persons should exercise caution and ensure appropriate footwear and care is taken whilst on the property.
Property Code: 353
Listing description written by Louise Gipton, This Space Real Estate — reproduced as published, not verified by Districts.