FOR SALE
$768,000

59 Penrith Street
Riverside TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 8
Land area: 896m2
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A home with it all.

Immaculately presented, this Riverside home sits on just under 900m2 of landscaped gardens. Ideally, a family home it offers comfortable living spaces, a modern kitchen, recently updated bathrooms and if garaging or storage space is a priority for you, 59 Penrith Street has you covered. Maybe you have a boat, caravan or bikes to store? A workshop needed to house tools, or set up a gym, There is over 100m2 of combined garaging + off-street parking for up to 6 vehicles, you’ll be spoilt for space!
The established gardens are a mix of wide beds filled to the brim with pretty flowers and shrubs. There is some lawn for pets or children, a paved entertaining spot for the outdoor setting, built-in BBQ, and already established vegetable beds.
Inside accommodation consists of 3 bedrooms, primary with walk in wardrobe and ensuite, a spacious family bathroom with bath + separate toilet, an open plan living, dining and kitchen with a separate lounge offering both wood heating and reverse cycle air conditioning, and the home has recently had double glazed windows fitted to almost 100% of the windows throughout.
All easterly facing rooms of this home enjoy lovely views over the Tamar River and beyond to the hills. This is a wonderful location, in an established part of Riverside that is still close to Launceston CBD and a short drive to the well-serviced shopping precinct of Riverside.
• 3 bedrooms, primary with ensuite + walk in wardrobe.
• Roomy fully tiled bathroom with freestanding bath + separate toilet.
• Appealing kitchen with quality appliances.
• Open living + dining rooms with river views.
• Separate lounge with more of those pretty views.
• Wood heater + electric wall mounted heat pump.
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Property Details for 59 Penrith St, Riverside

59 Penrith St, Riverside is a 3 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 896m2. The place is currently for sale with Howell Property Group.

Building Type
House
Land Size
896m2

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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 3,477 properties. Over the last 5 years, Houses in Riverside have seen a 62.68% increase in median value, while Units have seen a 39.71% increase. As at 30 November 2024:

  • The median value for Houses in Riverside is $639,023 while the median value for Units is $411,601.
  • Houses have a median rent of $488 while Units have a median rent of $410.
There are currently 36 properties listed for sale, and 4 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

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Ben Towns
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Howell Property Group
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.