OFF MARKET

2 Riverside Way
Riverside TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 137m2
Land area: 706m2
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Property Details for 2 Riverside Way, Riverside

2 Riverside Way, Riverside is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1964. The property has a land size of 706m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Year Built
1964
Floor Size
137m2
Land Size
706m2
Local Government
West Tamar
Lot/Plan
54/17325

Last Listing description (November 2020)

Today I am calling all investors as I welcome you to this low maintenance property.
Currently tenanted at $320 Per Week until September 2017, it could be the perfect addition to your property portfolio. Or maybe youre a 1st home buyer or a family that is prepared to wait while you can reap the benefit s until you can move in.
Riverside is often associated with stunning views and its no exception here, overlooking the Riverside Golf Course, mountain ranges to the east, the Tamar River and the Launceston City. Upstairs has 3 generous bedrooms, an excellent size lounge room with large windows for you to take in the scenery. This area also flows into the large renovated Kitchen with granite benchtops, a breakfast bar and dining room. The main bathroom with bath, separate shower and toilet has also undergone stunning renovation. There is also a second loo upstairs and Laundry. Internal access to downstairs offers undercover garaging for 2 cars, rumpus room and a 3rd toilet, shower and loads of storage. The yards are spacious and are a blank canvas for the new owners, with some minor cosmetic work you could have this home looking like new again!

Riverside is continually sought after for all of its amenities from great schools, doctors, sporting facilities and its proximity to the Launceston CBD

Property History for 2 Riverside Way, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$270,000
24 Jan 2017
Listed for Rent
$470/w
02 Mar 2017
  • 16 Feb 2017
    Listed for Rent $470 / week
  • 24 Jan 2017
    Sold for $270,000
  • 24 Nov 2016
    Listed for Sale Offers Over $275,000
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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 3,446 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 38 properties listed for sale, and 3 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 131 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.