OFF MARKET

48 Riverside Drive
Riverside TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Floor area: 185m2
Land area: 764m2
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Property Details for 48 Riverside Dr, Riverside

48 Riverside Dr, Riverside is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1973. The property has a land size of 764m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1973
Floor Size
185m2
Land Size
764m2
Local Government
West Tamar
Lot/Plan
41/17325

Last Listing description (October 2021)

Located in popular Riverside, this spacious home boasts views across the Tamar River to the mountains beyond. Ready to add tenants or move straight in but it also has plenty of scope to add your own flare - this home is perfect for the upsizing family or an astute investor. Features include:

* A solid 1973 brick and tile family home
* 180 degree views of the Tamar River, mountains and back into Launceston

* Open plan kitchen, living and dining positioned on the north side of the house to maximise all day sun and the gorgeous views
* Four large bedrooms (three with spacious built-ins) offering you flexibility in your layout
* Your option of main bedroom with the upper level room allowing you to wake up to views and the lower level fitted with a convenient ensuite
* Second living/rumpus/study/home gym adjacent the lower bedroom
* Private deck at the rear with fabulous water views
* Established gardens
* Double remote controlled garage, workshop space & storage room
* Close to schools, shops, community sporting clubs, supermarket & all city conveniences
* Only 5 minutes to Launceston's CBD

Contact Jeremy Wilkinson for your inspection.

Rental Estimate: $550pw
House size: 184m
Garage size: 40m
Land size: 744m
Built: 1973
Rates: TBA
Council Zoning: 10.0 General Residential
Council: West Tamar
Heritage listed: No

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 48 Riverside Dr, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$570,000
09 Aug 2021
Listed for Rent
$419/w
10 Jul 2019
  • 09 Aug 2021
    Sold for $570,000
  • 04 Aug 2021
    Listed for Sale Best Offer Over $475,000
  • 28 May 2019
    Listed for Rent $1,820 / month
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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 3,449 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.
There are currently 37 properties listed for sale, and 5 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.