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TAS › Invermay › Ray St

5 Ray St, Invermay TAS 7248

House

$500,000

Last sold

7 Aug 2023

3

Bedrooms

1

Bathrooms

2

Car spaces

430 m²

Land

98 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $500,000 (7 Aug 2023).(Recorded sale)
  • CalculationLand 430 m² against a 98 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Invermay (last 5 years) with land size: median $1,068/m² of land (n=134). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$500,000

7 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Invermay (last 5 years) with land size have a median of $1,068/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.

See the full Invermay report →

Vs Invermay

-6.5%

Median sale

Suburb $535,000

+0.34 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$500,0007 Aug 2023
  2. Listedprice unknowncompleted21 July 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Invermay in one glance

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.

See the full Invermay report →

Keep researching

  • Why Invermay? Read the area thesis →
  • What else is on the market in Invermay →
  • Other records on Ray St →

Listing material

Listed by Casa Property Consultancy

Not Too Big, Not Too Small, But Just Right!

Welcome to this lovely home, a perfect combination of timeless character, a sought-after location, and a low-maintenance, easy-care block of land. Built in 1925, this property offers a unique blend of charm and convenience, making it an attractive choice for discerning buyers.

One of the biggest advantages of this home is its prime location. You'll love the fact that you can easily walk or cycle to almost anywhere you want to go. From the picturesque Heritage Forest to the University of Tas, Star Theatre, Seaport, cafes, and restaurants, everything is within easy reach. Leave the car behind and save on the budget as you enjoy the vibrant lifestyle this location offers.

As you step inside the front gate, you'll be warmly welcomed by an appealing, low-maintenance front garden. Picture yourself sitting on the front verandah, soaking up the morning sunshine with your favorite beverage in hand. It's the perfect spot to unwind and relax.

Read the full description

This home boasts three bedrooms, including two generously proportioned rooms that can be transformed into additional living areas if needed. With three original fireplaces, two of which are located in the larger bedrooms and one in the open-plan living area, you'll appreciate the charming features that reflect the era of the home.

The open-plan kitchen, dining, and living areas are filled with natural light and flow seamlessly onto the outdoor deck, creating a perfect space for entertaining guests. Adjacent to the living room, a cute little cloakroom offers convenient access to store shoes, jackets, and coats. Alternatively, you can add a door and utilize it for extra storage space.

The home features newly sanded and sealed natural timber floors throughout, giving it a warm and inviting ambiance. Additionally, it has been recently repainted in neutral tones, providing a fresh and modern look. The property is fully fenced, ensuring security and peace of mind, and a new fence has also been installed on the northern side. The decks have been reoiled, and the exterior has received a fresh coat of paint, adding to the overall appeal.

This home is ready for its new owners to move in and create beautiful memories. With its desirable features, convenient location, and recent updates, don't miss out on the opportunity to make this charming property your own. Contact us today to arrange a viewing and experience the allure of this delightful home.

Listing description written by Karen Magnotta, Casa Property Consultancy — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Deck
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.