SUBURB PROFILE – INVERMAY

July 25, 2018 | InvermayStreet & Suburb History

Established in the early 1800’s in the heart of the city’s cultural precinct, Invermay is the first suburb north of the Launceston CBD and includes established residential and industrial areas, with some commercial and cultural land use.

Invermay also contains the small precinct of Inveresk, so named being located on the eastern side of the Tamar River and the northern side of the North Esk River.

The suburb is most notable as being home to the University of Tasmania Stadium (UTAS), where Victorian side Hawthorn play regular AFL matches.

Invermay is also home to many of Launceston’s most well-known cultural institutions in an area known as the “Inveresk Precinct”, including the Tramway Museum, Queen Victoria Museum and Art Gallery, the Powerhouse Gallery and ArtSpace as well as the University of Tasmania Art and Architecture campus. Plans are now well in place to also relocate the University of Tasmania’s Mowbray campus to this area in the near future.

Property hotspots such as Invermay have seen strong growth over the past few years and will no doubt see more. For the same reason, rents in Invermay have also experienced significant pressure for rent increases.

Like most of Launceston, Invermay is family friendly and enjoyable to live in and includes the Churchill Park Sports Complex and Heritage Forest, located on the eastern side of the suburb. This is an ideal recreational space where families can walk, walk the dog, run or cycle through the extensive parklands, all whilst being so close to the CBD.

Several new developments have occurred including the refurbishment and re-opening of the Star Theatre, the establishment of the new Peppers Silo Hotel and subsequent pedestrian walkway over the North Esk River to the Seaport café and restaurant district, along with a new recreational space to be known as Riverbend Park currently under development. The relocation of the University campus from Mowbray to Inveresk is another substantial project, also under development.

Richard Bailey - Property Representative

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