16 Balaclava Street, Invermay TAS 7248
This property is Off Market
- The Average property price in this area is $274,859, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 43.57 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Invermay
With an average age of 32, households expect an average monthly mortgage payment of $1,083 or a weekly rent payment of $290. The average family earns a weekly income of $1,625 with a typical household size of 2.1 and a 88.28% employment rate.
In Invermay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Invermay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Invermay leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Invermay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Invermay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Invermay a better buying opportunity than it may have been in the past.
Public Transport
East Tamar
Penny Royal
Tamar River Cruises
General Points of Interest
Northern Athletics Centre
BMX track
Trevallyn War Memorial
Penny Royal Windmill
Poppy Garden
Launceston Aquatic
Statue of Venus
Senses Garden Fountain
Water Wheel
Horse Riding Area
Population
(Country of Birth not stated 13%)
Are people healthy?
There are a recorded 505 asthma sufferers and 167 people living with diabetes. In addition, 142 people have a heart/vascular condition and 386 people live with three or more chronic diseases.A good place to invest in property?
Invermay a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
28 / 100
41 / 100
Industry
21 / 100
40 / 100
Population
31 / 100
40 / 100
House Prices
42 / 100
65 / 100
Jobs
12 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsInvermay Primary School
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Trevallyn Primary School
Trevallyn, TAS, 7250 State K-6 -
St Finn Barr's Catholic Primary School
Invermay, TAS, 7248 Independent Prep-6 -
The Launceston Preparatory School
Launceston, TAS, 7250 Independent Prep-6 -
Invermay Primary School
Invermay, TAS, 7248 State K-6 -
Tamar Valley Steiner School
Launceston, TAS, 7250 Independent Prep-6 -
Launceston College
Launceston, TAS, 7250 State 11-12 -
Newstead College
Newstead, TAS, 7250 State 11-12 -
East Launceston Primary School
East Launceston, TAS, 7250 State K-6 -
Launceston Big Picture School
Invermay, TAS, 7248 State 9-12
Property Story
16 Balaclava Street, Invermay, Tas, 7248 is a residential property with 4 bedrooms, 1 bathrooms and 0 Parking spaces. The estimated distance to the sea is 43.57km and at least 1.17KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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