SOLD
RECENT ADVICE
Sold on 24 Apr 2024 for $375,000

1 Elben Court
Riverside TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1132m2
Save

Property Details for 1 Elben Ct, Riverside

Building Type
Land
Land Size
1132m2
Local Government
West Tamar
Lot/Plan
1/170506

Last Listing description (April 2024)

Seize the opportunity to build your dream home on this exceptional 1132 sqm residential land in a highly sought-after location. With a generous land area, you have the canvas to create your oasis. The property boasts picturesque surroundings, offering breathtaking views of the cityscape and the Tamar River. Practicalities are well-considered, featuring a sealed crossover and seamless connections to essential services and utilities.

Situated in the heart of Riverside, a brief 5-minute walk leads you to Riverside Shopping Centre, providing unparalleled convenience at your fingertips. Families will appreciate the proximity to primary and high schools within easy walking distance, making education just a step away from home. Only an 8-minute drive from Launceston CBD, this property combines the best of both worlds-serenity and accessibility.

Key features:

• Cleared extra large 1132 sqm (quarter acre) block, ready to build on
• Elevated views across Riverside and the Tamar River
• Potential for townhouse/unit development STCA
• Sealed crossover in place
• Services and utilities are connected to the block
• Close to schools, shops & supermarkets
• Only 5 minute walk to Riverside Shopping Centre
• 8 Minutes' drive to Launceston's CBD

Contact Jeremy Wilkinson or Nav Kaur to make your offer.

Land size: 1132 sqm
Council: West Tamar
Council rates: $820.00 pa
Zoning: General Residential

***Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. ***

Property History for 1 Elben Ct, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$375,000
24 Apr 2024
  • 18 Apr 2024
    Sold for $375,000
  • 11 Jan 2024
    Listed for Sale $390,000
  • 31 Mar 2022
    Sold for $350,000

Commute Calculator

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 3,467 properties. Over the last 5 years, Houses in Riverside have seen a 63.97% increase in median value, while Units have seen a 32.51% increase. As at 31 August 2024:

  • The median value for Houses in Riverside is $635,767 while the median value for Units is $384,005.
  • Houses have a median rent of $480 while Units have a median rent of $393.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

Market Insights
Riverside Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Riverside Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Jeremy Wilkinson
Show contact details
Nav Kaur
Show contact details
Harcourts Launceston
Preferred contact:
Disclaimer
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.