FOR SALE
From Offers Over $495,000

108 Pomona Road
Riverside TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 340m2
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Brand New Villa Units - Stunning!

One of Launceston's most exciting new developments is complete! Nine brand new, immaculate villa units are now available and ready to view. St Francis Estate at 108 Pomona Road, Riverside, will suit those looking to down-size to a low maintenance lifestyle in a fabulous location or investors looking for a ready-set property. Don't miss your chance to secure your dream home, either to live in or invest. Inside a safe and secure gated community on a flat landscape, this is a stunning opportunity. Great rental returns with expectations that tenants will be lining up to secure such beautiful properties to live in. There will be no body corporate fees but a shared insurance for these properties that is estimated at around $1000 per year for each unit.
- 9 brand new villa units
- 3 bedrooms, 2 bathrooms
- Quality Interiors
- Double glazed windows and doors throughout
- Fully insulated
- Masters with en-suites
- Baths in some main bathrooms
- Sunny and light-filled
- Exclusive gated community
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Property Details for 108 Pomona Rd, Riverside

108 Pomona Rd, Riverside is a 3 bedroom, 2 bathroom Villa with 2 parking spaces. The property has a land size of 340m2 and floor size of 126m2. The place is currently for sale with Harcourts Launceston.

Building Type
Villa
Floor Size
126m2
Land Size
340m2

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About Riverside 7250

The size of Riverside is approximately 55 square kilometres. It has 7 parks covering nearly 2.6% of total area. The population of Riverside in 2011 was 6,072 people. By 2016 the population was 6,475 showing a population growth of 6.6% in the area during that time. The predominant age group in Riverside is 10-19 years. Households in Riverside are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverside work in a professional occupation. In 2011, 75.3% of the homes in Riverside were owner-occupied compared with 72.7% in 2016.

Riverside has 3,452 properties. Over the last 5 years, Houses in Riverside have seen a 64.30% increase in median value, while Units have seen a 30.36% increase. As at 30 September 2024:

  • The median value for Houses in Riverside is $641,551 while the median value for Units is $377,391.
  • Houses have a median rent of $480 while Units have a median rent of $405.
There are currently 40 properties listed for sale, and 4 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Riverside.

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Shelley Spencer
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Harcourts Launceston
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