Median Sale Price
House
$310K
Updated on Jan 2020
2 BR $279K | 3 BR $320K | 4 BR $380K |
Unit
$250K
Updated on Jan 2020
1 BR - | 2 BR $228K | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $220,000 | 0.0% | $95,000 | $397,000 | 74 |
| 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 | $605,000 | 71 |
| 2014 | $213,000 | +2.1% | $122,500 | $400,000 | 69 |
| 2015 | $232,000 | +8.2% | $130,000 | $350,000 | 55 |
| 2016 | $230,000 | -0.9% | $150,000 | $407,500 | 67 |
| 2017 | $267,000 | +13.9% | $142,000 | $605,000 | 77 |
| 2018 | $315,000 | +15.2% | $165,000 | $948,000 | 64 |
| 2019 | $320,000 | +1.6% | $208,000 | $659,000 | 60 |
| 2020 | $300,000 | -6.7% | $225,000 | $350,000 | 9 |
Median Sale Price
$320K
Based on 61 recorded sales within the last 12 months
Updated on 19 Feb 2020
Suburb Growth
+11.6%
Current Median Price: $320,000
Previous Median Price: $283,000
Based on 122 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$320
Updated on Jan 2020
2 BR $285 | 3 BR $345 | 4 BR $350 |
Unit
$220
Updated on Jan 2020
1 BR $130 | 2 BR $245 | 3 BR - |
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 | $270 | -1.9% | $145 | $430 | 113 |
| 2016 | $280 | +3.6% | $136 | $415 | 81 |
| 2017 | $285 | +1.8% | $175 | $430 | 83 |
| 2018 | $310 | +8.1% | $200 | $390 | 60 |
| 2019 | $330 | +6.1% | $220 | $660 | 59 |
| 2020 | $370 | +10.8% | $320 | $670 | 5 |
Median Rent Price
$340
per week
Based on 56 recorded rent within the last 12 months
Updated on 19 Feb 2020
Rent Price Growth
+7.4%
Current Median Rent: $340
Previous Median Rent: $315
Based on 112 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.5%
Current Median Price: $320,000
Current Median rent: $340
Based on 117 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Invermay
Houses sold in Last 12 months ends 15 Feb 2020
$325K
Median Sale Price
100%
Clearance Rate
18/18
Sold/Reported
$659K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K | 1 | |
| $400 K - $600 K | 1 | |
| less than $400 K (Median Price Range) | 8 | |
Similar Suburbs to Invermay 7248
Based on median house sale price sold in last 12 months
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 |