OFF MARKET

16 Penrith Street
Riverside TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 140m2
Land area: 661m2
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Property Details for 16 Penrith St, Riverside

16 Penrith St, Riverside is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1976. The property has a land size of 661m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1976
Floor Size
140m2
Land Size
661m2
Local Government
West Tamar
Lot/Plan
167/5518

Last Listing description (March 2023)

Perfectly positioned to take in the breathtaking panoramic Tamar River and city views. Beautifully presented and renovated home in a highly sought after area. Featuring:

- Superb modern kitchen with quality appliances including dishwasher
- Beautiful stone bench tops and soft close cabinetry

- Walk in pantry with loads of storage space
- Sliding door to gorgeous outdoor spacious deck
- 3 well proportioned bedrooms with BIRs
- Reverse cycle heating
- Renovated bathroom with bath and separate shower
- Separate toilet with 2nd toilet downstairs
- Excellent landscaping
- Plenty of off street parking
- Internal access downstairs to rumpus room and spacious single garage
- Loads of storage underneath
- Minutes to Riverside Plaza and local schools
- 7 minutes drive to CBD

This is a rare opportunity to purchase a family home so close to everything. You will never tire of sitting back and admiring that 180 deg view!

Disclaimer:
One Agency Launceston has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to execute their own enquiries.

Property History for 16 Penrith St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$620,000
23 Jan 2023
  • 07 Mar 2023
    Listed for Sale Best offer over $595,000
  • 23 Jan 2023
    Sold for $620,000
  • 09 Jan 2023
    Listed for Sale Best offer over $595,000
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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 3,448 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, 132 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

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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.