24 Windsor Street, Invermay TAS 7248
24 Windsor Street, Invermay TAS 7248
This is a 2-bedroom, 1-bathroom unit/terrace built in 1910. It sits on 144 square metres of land with an internal area of 84 square metres. There is one parking space. The property combines original character features with thoughtful modern updates, and is set behind a private front gate. It is located within walking distance of the Invermay CBD, Aurora Stadium, and the Inveresk Precinct.
The property is competitively positioned as a rare blend of heritage character and modern renovation within a convenient urban setting. A private front gate is offered, providing seclusion not commonly found in similar stock, which is seen to enhance its desirability for buyers seeking both charm and practicality. The walkability to the CBD, stadium, and cultural precinct is considered a key advantage, making it particularly suited to investors, young professionals, or downsizers who prioritise location over space. In the suburb, this unit is valued for its low-maintenance design and updated interiors, appealing to those who want a lock-and-leave lifestyle without compromising on character.
More ongoing maintenance might be required due to the building’s age, which could affect holding costs. The property’s limited land size and single parking space may be perceived as constraints for some buyers. Strong rental demand from the central location is thought to support price stability and resale potential. These factors are recommended to be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Windsor Street, Invermay TAS 7248
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Invermay presents as an affordable entry point into the Launceston market, attracting younger, predominantly single buyers and mortgaged owners drawn by its relative value. Demand is supported by consistent sales activity and strong recent price growth, with market conditions remaining active as properties transact efficiently. Future growth is underpinned by this sustained demand, though broader affordability pressures and constrained supply in the region pose a key constraint to sustained momentum.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
144m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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