Median Sale Price
House
$485K
Updated on May 2022
2 BR $465K | 3 BR $480K | 4 BR $599K |
Unit
$450K
Updated on May 2022
1 BR - | 2 BR $450K | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $220,000 | 0.0% | $57,500 | $397,000 | 75 |
| 2010 | $225,000 | +2.2% | $12,000 | $770,000 | 74 |
| 2011 | $220,000 | -2.3% | $153,000 | $415,000 | 77 |
| 2012 | $221,000 | +0.5% | $108,000 | $380,000 | 47 |
| 2013 | $208,500 | -6.0% | $82,500 | $626,100 | 71 |
| 2014 | $213,000 | +2.1% | $122,500 | $760,000 | 69 |
| 2015 | $240,000 | +11.3% | $130,000 | $350,000 | 56 |
| 2016 | $230,000 | -4.3% | $150,000 | $407,500 | 68 |
| 2017 | $260,000 | +11.5% | $142,000 | $605,000 | 80 |
| 2018 | $315,000 | +17.5% | $165,000 | $948,000 | 64 |
| 2019 | $315,000 | 0.0% | $199,000 | $659,000 | 63 |
| 2020 | $342,500 | +8.0% | $165,000 | $550,000 | 72 |
| 2021 | $458,000 | +25.2% | $245,000 | $870,000 | 71 |
| 2022 | $555,000 | +17.5% | $285,000 | $1,000,000 | 45 |
Median Sale Price
$513K
Based on 84 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+28.3%
Current Median Price: $513,000
Previous Median Price: $368,000
Based on 156 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$410
Updated on May 2022
2 BR $350 | 3 BR $420 | 4 BR $500 |
Unit
$280
Updated on May 2022
1 BR $250 | 2 BR $275 | 3 BR $370 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | $450 | 0.0% | $270 | $450 | 3 |
| 2014 | $275 | -63.6% | $100 | $450 | 77 |
| 2015 | $275 | 0.0% | $145 | $430 | 113 |
| 2016 | $285 | +3.5% | $136 | $415 | 81 |
| 2017 | $290 | +1.7% | $175 | $460 | 84 |
| 2018 | $310 | +6.5% | $200 | $430 | 60 |
| 2019 | $340 | +8.8% | $220 | $660 | 59 |
| 2020 | $370 | +8.1% | $250 | $670 | 80 |
| 2021 | $390 | +5.1% | $200 | $750 | 60 |
| 2022 | $440 | +11.4% | $210 | $650 | 36 |
Median Rent Price
$420
per week
Based on 58 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+9.5%
Current Median Rent: $420
Previous Median Rent: $380
Based on 126 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $513,000
Current Median rent: $420
Based on 142 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Schools closest to Invermay, TAS 7248
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Invermay Primary School | 35 - 43 MAYNE STREETInvermay 7248 | Primary | Government | 0.36 km |
| St Finn Barr's Catholic Primary School | 247A INVERMAY ROADInvermay 7248 | Primary | Catholic | 0.61 km |
| Launceston Church Grammar SchoolTop 10 | BUTTON STREETMowbray 7248 | Combined | Independent | 1.46 km |
| Mowbray Heights Primary School | CADORNA STREETMowbray 7248 | Primary | Government | 1.98 km |