OFF MARKET

1/3 Rankine Street
Riverside TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 45m2
Land area: 226m2
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Property Details for 1/3 Rankine St, Riverside

1/3 Rankine St, Riverside is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1977. The property has a land size of 226m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1977
Floor Size
45m2
Land Size
226m2
Local Government
West Tamar
Lot/Plan
1/147366

Last Listing description (November 2020)

This low maintenance Riverside home offers comfortable living for a professional, couple or for someone looking to lock up and leave as required. The one-bedroom unit offers open plan living with a functional, well-appointed kitchen and a secure paved courtyard.

Low maintenance unit in popular Riverside
One large bedroom with built-in robe

Sunny, open plan living
Well-appointed kitchen with good cupboard space
Secure paved courtyard
Single sheltered carport
Located just minutes from both the Trevallyn and Riverside shopping precincts and quality local schools
Close to the Trevallyn reserve and local parks and walking tracks
A short drive to the Launceston CBD
A fantastic first home or investment property

Council rates: $269 p/q approx.
Water rates: $282 p/q approx.
Land size: 226m2 approx.
Year built: 1977
Rental estimate: Currently tenanted at $195 p/w until March 2021

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 1/3 Rankine St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$95,000
08 Aug 2023
Listed for Rent
$195/w
29 Aug 2019
  • 08 Aug 2023
    Sold for $95,000
  • 22 Sep 2020
    Sold for $176,000
  • 14 Sep 2020
    Listed for Sale Offers Over $165,000
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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 40 properties listed for sale, and 4 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Riverside.

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