3/23-27 Elouera StreetRiverside TAS 7250
Property Details for 3/23-27 Elouera St, Riverside
3/23-27 Elouera St, Riverside is a 1 bedroom, 1 bathroom Unit and was built in 1983. The property has a land size of 60m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Riverside in the last 12 months.
Last Listing description (May 2024)
Kick off or add to your investment portfolio with this ready to go, compact, low maintenance unit.
The studio style layout combines bedroom and living areas, completed by a separate functional kitchen. The bathroom has the added bonus of a bath.
Location-wise, this property offers the best of both worlds. It is situated only 8 minutes away from Launceston CBD, allowing for easy access to work, shopping, dining, and entertainment options. Additionally, Riverside Plaza is within walking distance, offering a range of amenities including supermarkets, shops, cafes, and more.
Property highlights:-
- Great investment opportunity;
- Unit being sold as fully furnished;
- Low maintenance and private;
- Great location;
- Single car parking spot allocated.
Currently rented at $260 per week Lease term expires 30th July 2024
Rates $728 per annum
Water $790 per annum
Body corporate $1,260 per annum
Property History for 3/23-27 Elouera St, Riverside, TAS 7250
- 22 Mar 2024Sold for $226,000
- 20 Mar 2024Listed for Sale Offers Over $199,000
- 21 Jul 2023Listed for Rent $260 / week
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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 3,450 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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