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.
$755,000
Last sold
11 Aug 2025
4
Bedrooms
2
Bathrooms
5
Car spaces
739 m²
Land
210 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
$755,000
11 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 $1,078/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
+41.1%
Median sale
Suburb $535,000
-1.45 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 Harcourts LauncestonThis fully renovated Circa 1925 character home is located in the highly sought after inner city suburb of Invermay. It has undergone a delightful transformation with the living spaces opened up and the addition of the master bedroom suite, complete with ensuite plus a multifunctional rumpus/office/second living room. This welcoming home can accommodate large families offering four large bedrooms and two outdoor living spaces - whatever the weather you can enjoy alfresco living. Main features include:
* A 1925 lovely character home with high ceilings and complementing cottage gardens
* 8 Kw solar power system - the ultimate for low cost living
* Positioned at the end of a quiet no-through street
* Wheelchair friendly with ramps to gain easy access
* 4 Double bedrooms with built in wardrobes
* Master bedroom with walk-in wardrobe and modern ensuite
* Sunny, open plan kitchen, dining and lounge plus extra room (home gym/office/2nd living)
* Updated country style, spacious kitchen
* Convenience of ducted reverse cycle air conditioning
* Quality Sydney Blue Gum floating floors
* A huge Tas Oak built in bookcase adorns the hallway providing loads of storage
* Large, undercover, private deck at the rear - great for entertaining or family BBQs
* Established gardens and an easy care flat block plus chicken coop and yard
* Lockup Garage, carport and plenty of off street parking
* Only 1km flat walk to UTAS Stadium & University of Tasmania, close to Heritage Park
* Easy walking distance to shops, hotel, cafes, restaurants & all city conveniences
* Only 5 minutes to Launceston's CBD (2km)
Contact Jeremy Wilkinson for your inspection.
Rental Estimate: $480-$500pw
House size: 210m²
Deck size: 30m²
Garage size:26 m²
Land size: 739m²
Built: 1925
Rates: $1864pa
Council Zoning: 10.0 General Residential
Council: Launceston
Heritage listed: No
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.
Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.