SOLD
Sold on 25 Jun 2024 for $640,000

553 Riverside East Road
Riverside VIC 3401

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 193m2
Land area: 37300m2
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Property Details for 553 Riverside East Rd, Riverside

553 Riverside East Rd, Riverside is a 3 bedroom, 1 bathroom House and was built in 1986. The property has a land size of 37300m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Riverside in the last 12 months.

Building Type
House
Year Built
1986
Floor Size
193m2
Land Size
37300m2
Local Government
Horsham
Lot/Plan
2/TP103753

Last Listing description (May 2024)

Situated on a 4-hectare parcel just on the outskirts of Horsham, this charming three-bedroom lifestyle property offers a world of comforts and possibilities

*Three generously sized bedrooms, equipped with built-in robes.
*An inviting open-plan kitchen and dining area, seamlessly connecting with the backyard.

*A country-style kitchen boasting abundant storage, electric cooking, and a dishwasher.
*A sunlit living room with a cozy wood fire, offering picturesque views of the meticulously manicured gardens.
*A spacious family bathroom, complete with a separate toilet for added convenience.
*An additional living room that can double as a games room, complemented by a storage room and European laundry.
*Large outdoor entertaining area
*A separately enclosed and fully fenced backyard
*Outside, you'll find a substantial 12m x 24m machinery shed, a 7.5m x 12.5m shed, fenced dog yards, bird aviaries, a chicken pen, and stock yards.
* Land size: Approx. 4ha (source: PriceFinder)
* Zoning: FZ ( Farming Zone)

Investors, please note that minimum rental standards now apply in Victoria:

https://www.consumer.vic.gov.au/housing/renting/repairs-alterations-safety-and-pets/minimum-standards/minimum-standards-for-rental-properties

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Property History for 553 Riverside East Rd, Riverside, VIC 3401

A timeline of how this property has performed in the market
Last Sold
$640,000
25 Jun 2024
  • 25 Jun 2024
    Sold for $640,000
  • 25 Oct 2023
    Listed for Sale $679,000
  • 08 Jan 2014
    Sold for $330,000
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About Riverside 3401

The size of Riverside is approximately 27 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Riverside in 2011 was 414 people. By 2016 the population was 271 showing a population decline of 34.5% in the area during that time. The predominant age group in Riverside is 40-49 years. Households in Riverside are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Riverside work in a trades occupation. In 2011, 91.1% of the homes in Riverside were owner-occupied compared with 89.1% in 2016..

Riverside has 139 properties. Over the last 5 years, Houses in Riverside have seen a 63.19% increase in median value, while Units have seen a 65.29% increase. As at 30 November 2024:

  • The median value for Houses in Riverside is $509,140 while the median value for Units is $318,716.
There are currently 1 property listed for sale, and no properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Riverside.

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