FOR SALE
Offers Over $249,000

4/42 Elouera Street
Riverside TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 71m2
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Ideal Ground Floor Unit for Retirees/Investors in a Great Location

Welcome to 4/42 Elouera Street, a convenient ground floor 2 bedroom unit designed with retirees in mind. This inviting space offers both comfort and convenience, making it an ideal place to call home.
The unit features an open plan kitchen and living area, creating a spacious atmosphere. Enjoy the lovely deck for outdoor relaxation, while the main bedroom includes built-in robes for ample storage. The combined bathroom/laundry is equipped with a separate bath and shower, enhancing everyday convenience plus an allocated undercover sign car parking spot.
Located just 8 minutes from Launceston CBD, providing easy access to work, shopping, dining, and entertainment. Riverside Plaza is within walking distance, offering a variety of amenities, including supermarkets, shops, and cafes, making daily errands a breeze. With low maintenance requirements and a private setting, this unit is a fantastic investment opportunity you won't want to miss!
Rental Estimate: $330 per week

Property Details for 4/42 Elouera St, Riverside

4/42 Elouera St, Riverside is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 71m2. The place is currently for sale with Harrison Agents Launceston.

Building Type
Unit
Land Size
71m2

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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 3,449 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 37 properties listed for sale, and 5 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Riverside.

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Jarrah Burns
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Harrison Agents Launceston
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