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60 Invermay Road, Invermay$699,000
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For Salehouse

60 Invermay Road

Invermay, TAS 7248, Australia
$699,000
4 bed 3 bath 3 car920 m²

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About this property

This versatile property presents a compelling opportunity for investors looking to expand their rental portfolio with a multi-income asset. Configured as three separate, self-contained units, the property is ideally suited to generate multiple rental streams from a single title. Each unit offers independence and privacy, making the property attractive to a wide range of tenants and helping to reduce vacancy risk. The established layout allows for immediate income potential, while also offering flexibility for future value-add strategies such as rental optimization or targeted upgrades. Set on a well-maintained site with excellent street presence, this is the kind of asset that works hard for youwhether you're a seasoned investor or looking to secure your first multi-unit holding. Contact us today to arrange your inspection or alternatively, buy now and reap a fabulous rental return whilst planning to restore the home to its original single dwelling status and take advantage of the lifestyle Invermay has to offer! Land size: 920m2 approx. Year built: 1900 Rental estimate: $895 per week across all 3 units 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
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Parking
3
Land Area
920 m²
Listed
3 months ago

Repayment calculator

$3,389/month
$1,694 /fortnight
Loan $559,200 at 6.10% over 30 years

Upfront costs

Deposit$139,800
Stamp duty$26,705
Conveyancing (est.)$2,000
Total upfront$168,505
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 4-bedroom house in Invermay, TAS 7248 sits within reach of public transport, local shops and nearby schools. It is listed 22% above the $575,000 median of 57 comparable houseswithin 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 6 Out (bus)101 m away
  • IGA X-press Invermay128 m away
  • Caledonian Square171 m away
  • Queen Street Park202 m away
  • Monash Reserve233 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 4 bed

Compound growth -0.4% / yr over 4 yrs

$590kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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