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Sold on 07 Dec 2023 for $500,000

8/85 Riverside Drive
Riverside TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 144m2
Land area: 391m2
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Property Details for 8/85 Riverside Dr, Riverside

8/85 Riverside Dr, Riverside is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 391m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Riverside in the last 12 months.

Building Type
Unit
Floor Size
144m2
Land Size
391m2
Local Government
West Tamar
Lot/Plan
8/56727

Last Listing description (December 2023)

This immaculate rendered property with large rear deck area and beautiful views is located in this popular, convenient and low maintenance unit development in Riverside.

Showcasing some amazing river and mountains views, not to mention catching lots of sun, it’s going to be very sought after real estate. Surrounded by easy care and established gardens, you’ll have more time to enjoy the finer things in life.

The spacious floorplan includes open plan living/dining with access to the updated kitchen and the rear deck area, 2 generous bedrooms both with built-in robes, an updated bathroom with separate toilet, laundry and double garage with internal access and automatic roller door.

Underneath the property there is plenty of storage space. A neutral colour scheme throughout, quality blinds and lights fittings not to mention a new heat pump for heating/cooling, all you need to do is move in and enjoy.

Book an early inspection to avoid missing out.

Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.

Property Code: 516

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Property History for 8/85 Riverside Dr, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$500,000
07 Dec 2023
  • 07 Dec 2023
    Sold for $500,000
  • 02 Nov 2023
    Listed for Sale Not Disclosed
  • 11 Jan 2006
    Sold for $298,500

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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 3,442 properties. Over the last 5 years, Houses in Riverside have seen a 64.30% increase in median value, while Units have seen a 30.36% increase. As at 30 September 2024:

  • The median value for Houses in Riverside is $641,551 while the median value for Units is $377,391.
  • Houses have a median rent of $480 while Units have a median rent of $405.
There are currently 34 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.

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Paul Flanagan
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