FOR SALE
Offers Above $699,000

3 Balmoral Avenue
Riverside TAS 7250

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 228m2
Land area: 667m2
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Elevated Riverside Residence with Tamar River Views

Positioned in the highly sought-after suburb of Riverside, this expansive family home offers breathtaking, far-reaching views of the Tamar River and beyond. Spanning two levels, this residence is designed for both comfort and style, with a versatile layout that's ideal for family living.
The upper level features three well-appointed bedrooms, including a master suite with a walk-through robe and ensuite. The additional bedrooms are serviced by a centrally located second bathroom, complete with a separate bath, shower, and toilet for convenience. The heart of the home lies in the bright and open living spaces, where a spacious lounge flows seamlessly into the dining and kitchen area. Step outside onto the large outdoor entertaining deck to soak in the stunning, panoramic views - an ideal setting for hosting or unwinding.
Downstairs, you'll find two more bedrooms, a spacious rumpus room with access to the double garage, a large laundry, and an additional toilet. Built-in wardrobes in all bedrooms provide ample storage throughout.
Located just a short drive from local schools, parks, sporting facilities, and essential services, this home offers the best of Riverside living with the convenience of being only 5–10 minutes from Launceston's CBD.
A home of this calibre, with its exceptional views and versatile layout, is a rare find in Riverside - well worth an inspection!
Currently rented until November 2024 at $550 per week.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.

Property Details for 3 Balmoral Ave, Riverside

3 Balmoral Ave, Riverside is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 667m2 and floor size of 228m2. The place is currently for sale with Peter Lees Real Estate.

Building Type
House
Floor Size
228m2
Land Size
667m2

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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 3,450 properties. Over the last 5 years, Houses in Riverside have seen a 60.20% increase in median value, while Units have seen a 31.56% increase. As at 31 October 2024:

  • The median value for Houses in Riverside is $635,296 while the median value for Units is $390,495.
  • Houses have a median rent of $480 while Units have a median rent of $410.
There are currently 39 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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