OFF MARKET

3 Gallagher Drive
Riverside TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
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Property Details for 3 Gallagher Dr, Riverside

3 Gallagher Dr, Riverside is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1994. The property has a floor size of 88m2.

Building Type
Unit
Year Built
1994
Floor Size
88m2
Local Government
West Tamar

Last Listing description (September 2016)

3 Gallagher Drive, Riverside Retirement Village
LIFE TENANCY NOW AVAILABLE
Over 55's Only

This beautiful unit offers spectacular views and is located in a quiet, friendly and tranquil community with well-presented grounds. The grounds and units are fully maintained by the on-site staff, as is any maintenance jobs that arise throughout your tenancy. Even your bins will be taken out for you!
Comes with electric heating, washing machine, remote controlled ceiling fan and fridge all of which are upgraded every 5 years along with the bathroom and separate toilet.
You will also have access to Riverside Retirement Village function centres which are situated within the complex; including a communal lounge, games room and dining area.
- Within walking distance of public transport.
- Breathtaking views straight off the balcony, right at your back door.
- Carport next to the property.
- Friendly community.
- Peaceful and stress-free place to call home.
$65,000.00 entry payment + ongoing service and maintenance charges as below:
1 person occupied - $225.00 per fortnight ($112.50 per week)
2 person occupied - $250.00 per fortnight ($125.00 per week)
If the tenant vacates within the first 5 years a refund of $13,000.00 (20%) will be given for each year remaining of the first 5 years. Regardless of how long you tenant the property, the maintenance fee is all you will have to pay.
To book a viewing or for any enquiries please call Naaman at Ray White Launceston today.

Property History for 3 Gallagher Dr, Riverside, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
14 Oct 2016
  • 26 Aug 2016
    Listed for Rent $112 / 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.
There are currently 37 properties listed for sale, and 5 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Riverside.

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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.