Back 54 Dry St
Off Market

54 Dry St

Invermay TAS 7248

3
1
2
126 m²
326 m²
House
Lochie RooneyLochie Rooney, last sold this property on 04 July 2025 after 32 days on market.

Overview

Classic Charm, Amazing Potential, Prime Location

Presenting a great opportunity to add value, this character-filled period home is beckoning you to come and put your stamp on it while offering great prospects in a prime location, close to Riverbend Park, the University, and just across the river from the city. As you enter the home, you will be welcomed in with charming features such as high ceilings, timber flooring, archways, and a rich sense of history as the home was built in 1900. The loungeroom is warm and inviting with a fireplace mantle and a corner aspect offering a welcoming place to gather with family and friends. Down the hallway, the kitchen has slate flooring and timber features allowing scope to renovate and modernise if you so desire. Adjacent to the kitchen is a light-filled dining area that extends onto an outdoor entertaining deck overlooking the spacious garden. A large backyard so close to the city is rare and there is so much potential here to create a beautiful private oasis. All three bedrooms are a generous size while the bathroom and laundry would benefit from some updating. There is secure parking to the side of the property as well as parking space on the street at the front of the home. Positioned in a quiet tree-lined street within an easy walk from shops, cafes, restaurants, and parks, the property is only 700 metres from the University of Tasmania, and 1km from Launceston's CBD making this location ideal for those working or studying in the city. Whether you are looking for your next home close to the CBD, hoping to add value with a renovation, or looking to add to your investment portfolio, this unique property will not disappoint! For more information or to arrange an inspection please contact Lochie Rooney on 0408 073 118.

Features

3 bedrooms
1 bathroom
2 carspaces
126 m² floor area
326 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Invermay over the last 12 months, the estimated median property value of 54 Dry St is $510k.

Median value
$510k
Estimated value range
$370k - $755k
Median days on market
37
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Invermay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 54 Dry St

2026
Rented
Undisclosed
Leased on 08 Jan 2026 by Harrison Agents Launceston
2025
Sold
Undisclosed
Private Sale/Treaty on 04 Jul 2025 by Lochie Rooney, of Wolf Property
2014
Sold
Undisclosed
Private Sale/Treaty on 23 Jul 2014 by Gary Thomas, of Ray White Launceston

Happy sellers in Invermay

91%
91% of sellers in Invermay reported that their sale price either exceeded or met their price expectations.

Invermay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Invermay over the last 12 months.

Local market activity for 3 bedroom houses in Invermay

In the last 12 months, 65 three-bedroom houses similar to 54 Dry St, have been sold.

This represents a 40% decrease in three-bedroom houses sales when compared to the previous 12 months.

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