Sell with Confidence
Read More
News

Suburb Snapshot: Invermay Park

By Sarah Wilson

The size of Invermay Park is approximately 2.5 square kilometres with the population recorded at 1,881 people in 2011 and by the 2016 Census the population was 1,826 showing a population decline of 2.9 per cent in the area during that time.

Invermay Park is immediately south of the Western Freeway and was gazetted as a place name in 1998. Before 1994 it was part of Bungaree Shire and was known as an outlying part of Ballarat North. It was chosen for the site of Ballarat’s second cemetery in 1867, and for the North Ballarat (now Midland) Golf Club in 1919.

CoreLogic data indicates that the predominant age group in Invermay Park is 10-19 years with households in Invermay Park being primarily couples with children and are likely to be repaying $1,400 – $1,799 per month on mortgage repayments, and in general, people in Invermay Park work in a professional occupation. In 2011, 88 per cent of the homes in Invermay Park were owner-occupied compared with 87.4 per cent in 2016.

Source: Ballarat Times News Group

Up to Date

Latest News

  • Little Ray of Giving is Back For 2024!

    This festive season, Ray White will continue its successful charity drive ‘A Little Ray of Giving’ for the thirteenth year running. This holiday campaign is a tradition for the brand, and serves as an opportunity for hundreds of local branches to connect with their communities while raising awareness and much-needed … Read more

    Read Full Post

  • Ray White Now – September 2024

    Australian house and unit prices continue their upward trend this month, albeit at a slower pace. Both housing types saw a modest 0.2 per cent appreciation. However, the market is exhibiting greater diversity across states and regions, reflecting varying local economic conditions. July’s CPI results indicate a continued downward trend, … Read more

    Read Full Post