394 West Tamar RoadRiverside TAS 7250
Property Details for 394 West Tamar Rd, Riverside
394 West Tamar Rd, Riverside is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 976m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (February 2022)
Sitting on an impressive 974m2 block you will find this unique 1960's home, offering huge renovation potential. This property could be your next family home or, for the right buyer, a development opportunity with the addition of a second dwelling to maximise the space and return (STCA).
The home itself boasts three generous bedrooms; two with built-in robes as well as a spacious lounge and separate kitchen and dining. Externally the home offers a wonderful paved area ideal for outdoor dining or entertaining. A large shed to the side of the home is also an excellent additional perfect for storage.
Large blocks are becoming increasingly hard to come by, so for that reason its important to act fast and call today for more information.
The location of this property also offers huge convenience. desirably positioned amongst many important shops and schools as well as parks, public transport and also within a short 10 minute commune to the Launceston CBD.
Rental Estimate: $425 per week
Property History for 394 West Tamar Rd, Riverside, TAS 7250
- 16 Dec 2021Sold for $570,000
- 24 Nov 2021Listed for Sale Offers Over $579,000
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0About 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 3,449 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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