1 Elben CourtRiverside TAS 7250
Property Details for 1 Elben Ct, Riverside
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:
• 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
- 18 Apr 2024Sold for $375,000
- 11 Jan 2024Listed for Sale $390,000
- 31 Mar 2022Sold for $350,000
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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.
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