SOLD
Sold on 13 Mar 2024 for $14,000,000

298 West Tamar Road
Riverside TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: 215
Floor area: 3485m2
Land area: 11533m2
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Property Details for 298 West Tamar Rd, Riverside

Building Type
Commercial
Year Built
1986
Floor Size
3485m2
Land Size
11533m2
Local Government
West Tamar
Lot/Plan
7/55640

Last Listing description (May 2017)

There is one shop available for lease in this busy suburban shopping centre.
The centre is located in the shopping and medical hub of Riverside with schools and sporting facilities located within 500m of the centre.
Shop 2 is for lease and at 96.5 sqm the space could be suitable for a variety of retail or prefessional uses.

Property History for 298 West Tamar Rd, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$14,000,000
13 Mar 2024
Listed for Rent
09 Dec 2016
  • 13 Mar 2024
    Sold for $14,000,000
  • 17 Nov 2016
    Listed for Rent - Price not available
  • 22 Jul 2016
    Listed for Rent - Price not available
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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 3,467 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

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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.