Home/Properties/Invermay/2/9 Eddington Crescent
2/9 Eddington Crescent, Invermay$500,000
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For Saleapartment

2/9 Eddington Crescent

Invermay, TAS 7248, Australia
$500,000
2 bed 1 bath 2 car213 m²

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About this property

Located in a very sought after position, only 7 minute drive to the CBD, or a 3 km walk to town. This very well presented brick stand alone villa unit was built in 2008 and it still looking as good as when it was built. There are only 2 villas on the block with no body corp fees. The property has recently been rented as fully furnished accommodation and has always been very easy to rent due to the location close to Uni and Tafe, both within a few minutes away. However, due to the demand for buyers wishing to purchase their own home, this property will be sought after for those wishing to downsize and have minimal requirements for gardening and maintenance. The home is an open plan design and offers two good sized bedrooms with built-ins. The bathroom is spacious and incorporates the laundry hidden behind doors. The home is sunny and sheltered and not hindered by neighbouring large trees. There is a bitumen common ground area that comprises the drive way only. Both units have their own carport and separate storage shed. The private rear unit has room for parking two vehicles and also offers an enclosed and gated outdoor entertaining area that is very private and suitable for a small dog or cat. As photos depict, the hard furnishings and white goods can be included in the sale price if needed. However, the owner is willing to remove everything if required by the purchaser. This property is currently vacant and can be sold with a quick settlement if required. The updated rental figures as quoted by Key2 rental department, for those wishing to invest Up to $500 per week unfurnished, or up to $540k with hard furnishings and W/goods. Building Insurance: $1203 per annum approx. Land Tax: $435.28 per annum approx. Rates: $1671.48 per annum approx. Tas Water: $1624.18 per annum approx. Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
213 m²
Listed
2 weeks ago

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Upfront costs

Deposit$100,000
Stamp duty$18,248
Conveyancing (est.)$2,000
Total upfront$120,248
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Invermay

This 2-bedroom apartment in Invermay, TAS 7248 sits within reach of public transport, local shops and nearby schools. It is listed 13% below the $575,000 median of 53 comparable apartmentswithin 5 km.

Schools near Invermay

  • Invermay Primary Schoolprimary · K-6 · CoEd
  • St Finn Barr's Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Launceston Big Picture Schoolsecondary · 9-12 · CoEd

What's nearby

  • Invermay Rd Stop 7 In (bus)179 m away
  • Total Tools346 m away
  • Caledonian Square659 m away
  • Heritage Forest730 m away
  • Queen Street Park878 m away

Invermay at a glance

Full suburb profile
Population
3,498
Median age
33
Household income
$1,128/wk
Median rent
$285/wk
Median mortgage
$1,092/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Invermay price trend

Median sold · House 3 bed

Compound growth +1.3% / yr over 4 yrs

$510kcurrent median

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