OFF MARKET

5/7 Riverside Avenue
Ulverstone TAS 7315

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 150m2
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Last updated 11 Nov 2024
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Property Details for 5/7 Riverside Ave, Ulverstone

5/7 Riverside Ave, Ulverstone is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 150m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Year Built
1978
Floor Size
82m2
Land Size
150m2
Local Government
Central Coast
Lot/Plan
5/60311

Last Listing description (May 2019)

Currently occupied by a long-term tenant, this is a good opportunity to purchase an affordable investment property with minimal fuss.
The unit is one of eight and features:
- A lounge that captures the morning sun complete with a Pureheat electric heater

- A kitchen with good bench and cupboard space
- Two bedrooms, both with built-in wardrobes
- A bathroom with a shower and toilet
- Separate laundry
- A private backyard
Single carport designated to the unit as a part of the title
The home is easy to care for with very little maintenance
Located within an easy walk to the Ulverstone town centre
Call today to arrange an inspection. This may be just the investment you've been looking for.

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Property History for 5/7 Riverside Ave, Ulverstone, TAS 7315

A timeline of how this property has performed in the market
Last Sold
$160,000
05 Mar 2019
Listed for Rent
$200/w
08 Apr 2014
  • 05 Mar 2019
    Listed for Sale $165,000
  • 05 Mar 2019
    Sold for $160,000
  • 06 Dec 2018
    Listed for Sale $165,000
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About Ulverstone 7315

The size of Ulverstone is approximately 16.6 square kilometres. It has 14 parks covering nearly 3.7% of total area. The population of Ulverstone in 2011 was 6,342 people. By 2016 the population was 6,477 showing a population growth of 2.1% in the area during that time. The predominant age group in Ulverstone is 50-59 years. Households in Ulverstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ulverstone work in a trades occupation. In 2011, 70.1% of the homes in Ulverstone were owner-occupied compared with 67.7% in 2016.

Ulverstone has 3,849 properties. Over the last 5 years, Houses in Ulverstone have seen a 73.85% increase in median value, while Units have seen a 69.72% increase. As at 31 October 2024:

  • The median value for Houses in Ulverstone is $505,333 while the median value for Units is $427,458.
  • Houses have a median rent of $415 while Units have a median rent of $370.
There are currently 48 properties listed for sale, and 2 properties listed for rent in Ulverstone on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Ulverstone.

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