Thinking about buying in Invermay? Now could not be a better time, with just 354 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,431,000 with prices in this suburb ranging from $196,000 to $4,586,000. The aproximate distance to the coast is 74 Km.
Median Weekly Rent | $327.00 |
Median Monthly Mortgage | $1841.60 |
Median Persons Per Bedroom | 0.74 |
Average Household Size | 3.00 |
Average Age | 46.80 |
Average Income | $779.20 |
Average Cars Per Dwelling | 2.42 |
Average Properties Within 50M | 1 |
1 Bed  $602,000 |
2 Bed  $919,000 |
3 Bed  $853,000 |
4 Bed  $1,524,000 |
5 Bed  $1,513,000 |
6 Bed+$3,184,000 |
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.
3 LITTLE GREEN ST, INVERMAY, TAS, 7248 | 2 | 1 | 2 | Offers Over $495,000 | |
6 DONALD ST, INVERMAY, TAS, 7248 | 3 | 1 | 1 | ||
70 FORSTER ST, INVERMAY, TAS, 7248 | 3 | 1 | 2 | Offers Over $449,000 | |
61 HERBERT ST, INVERMAY, TAS, 7248 | 2 | 1 | 2 | Contact agent | |
16 BALACLAVA ST, INVERMAY, TAS, 7248 | 5 | 2 | 3 | Offers Over $569,000 | |
25 LANDALE ST, INVERMAY, TAS, 7248 | 3 | 2 | 3 | Offers Over $449,000 | |
28 HERBERT ST, INVERMAY, TAS, 7248 | 4 | 1 | 6 | Offers Over $599,000 | |
4 SOUTH ST, INVERMAY, TAS, 7248 | 3 | 1 | 1 | Offers Over $540,000 | |
22 WAUGH ST, INVERMAY, TAS, 7248 | 4 | 2 | 5 | Offers Over $379,000 | |
12 MOORE ST, INVERMAY, TAS, 7248 | 3 | 1 | 3 | Offers Over $379,000 | |
37-39 GLEADOW ST, INVERMAY, TAS, 7248 | $999,000 |
Invermay Primary School
Little Bendigo Primary School
Ballarat North Primary School
Forest Street Primary School
Ballarat Secondary College
(While the above schools are located with the suburb of Invermay there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.8 | 12.9 | 25.6 | 38.7 | 87.7 | 3.5 | 26.0 |
Feb | 1.1 | 13.0 | 25.0 | 40.7 | 87.9 | 3.1 | 20.3 |
Mar | 1.6 | 11.0 | 22.8 | 45.5 | 91.4 | 2.8 | 15.7 |
Apr | 1.2 | 7.3 | 19.3 | 51.2 | 94.4 | 2.3 | 10.9 |
May | 2.0 | 4.8 | 15.9 | 58.7 | 96.3 | 2.2 | 7.8 |
Jun | 2.7 | 3.4 | 13.5 | 67.1 | 97.4 | 2.0 | 6.2 |
Jul | 3.3 | 2.8 | 12.9 | 63.7 | 96.5 | 2.5 | 6.5 |
Aug | 2.2 | 3.7 | 13.9 | 55.1 | 93.1 | 2.7 | 8.9 |
Sept | 1.9 | 6.0 | 16.4 | 53.3 | 94.6 | 2.8 | 13.2 |
Oct | 1.6 | 7.3 | 18.6 | 47.4 | 92.5 | 3.2 | 18.8 |
Nov | 2.4 | 9.9 | 20.9 | 46.4 | 91.8 | 3.2 | 23.7 |
Dec | 2.1 | 11.2 | 23.1 | 42.5 | 90.1 | 3.4 | 26.8 |
source: Australian Government Bureau of Meteorology
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