Riverside at a glance
7,693
People
$711,000
Median sale
$546/wk
Median rent
3.99%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
TAS › Riverside › Cormiston Rd
4
Bedrooms
3
Bathrooms
8
Car spaces
1,888 m²
Land
289 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Riverside (last 5 years) with land size have a median of $799/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
Riverside at a glance
7,693
People
$711,000
Median sale
$546/wk
Median rent
3.99%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
West Tamar Local Provisions Schedule
Zone
General Residential
129.8
Jurisdiction
West Tamar
West Tamar, TAS
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASZoned General Residential · 129.8 (West Tamar Local Provisions Schedule). Official parcel area about 1,890 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $546/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 129.8 (West Tamar Local Provisions Schedule). Official parcel area about 1,890 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,890 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Riverside at a glance
7,693
People
$711,000
Median sale
$546/wk
Median rent
3.99%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts LauncestonIndulge in the splendour of this meticulously modernised executive home where every detail has been carefully curated to offer a lifestyle of luxury. As you step into the grand entrance hall, be prepared for a visual masterpiece-a breathtaking 180-degree close-up vista of the Tamar River unfolds before you. From the Grammar corner to Freshwater Point, this home provides a canvas of natural beauty that seamlessly integrates with its interior spaces. Extensive glazing across its northeastern face ensures that every corner, from the kitchen to the living areas to the bedrooms, is graced with panoramic views of the Tamar River, complemented by the lovely eastern mountain ranges of the Tamar Valley. The design of this lovely, secluded home maximises the play of natural light, creating a harmonious blend between the indoors and the picturesque outdoors.
Imagine waking up to the sun's gentle rays casting a warm glow over the river or enjoying an evening gathering on the deck with friends or family while being captivated by the ever-changing hues of the sky! Whether you are in the heart of the home or relaxing in the master bedroom, these 180-degree views provide a constant reminder of the natural beauty surrounding this executive residence.
This home was built to exacting design and engineering standards some decades ago, with its key attributes including high ceilings, extensive large windows, and an in-ground, heated swimming pool. Lately, it has been updated with new double-glazed windows, a new kitchen, and a fabulous covered deck with automatic patio blinds, all of which complement the grandeur of the property's aspects and surroundings. Immaculate, easy-care gardens, carports, extra parking, and ample storage space complete this private oasis. This private executive home is conveniently located near a range of schools and sporting clubs and is just a short drive to the Riverside or Legana shopping centres and Launceston's CBD.
This home offers a lifestyle where every detail has been thoughtfully crafted for you..
Key features:
An exquisitely updated, expansive home with spectacular views of the Tamar.
All new double-glazed or special glass windows provide exquisite outlooks.
Fully landscaped on a generous 1880 sqm block, with a sweeping double entry/exits driveway.
Four double bedrooms, all with built-ins.
Beautiful master bedroom with balcony access and a spacious ensuite.
Sunny, large lounge and living area featuring glass almost from floor to ceiling throughout.
Well-appointed, new modern kitchen with a large oven and cooktop, great for entertaining or catering for a large family.
Wonderful undercover deck off the kitchen/dining area, perfect for entertaining with river views, features automatic patio blinds.
Substantial main bathroom features a deep bath and double vanity.
A gorgeous, heated, easy-care, automated swimming pool is housed in a spacious glass atrium, great for all-weather use.
Rumpus room adjacent to the pool area could double as a gym, office, or media room, etc.
Third bathroom downstairs, convenient to the pool area.
Ducted reverse-cycle air condition throughout, with an additional unit for the rumpus area.
Undercover space adjacent to kitchen/living area, with an automatic roller door, housing BBQ and catering goods, etc.
Private block with immaculate gardens, raised vegetable gardens, and established shrubs, native and fruit trees.
Carports and extra parking front and rear.
Plenty of under house storage and workshop space.
Close to public and private schools.
Close to tennis, bowls, golf, footy, and soccer clubs and the Riverside aquatic centre.
Just 4 minutes to the Riverside shopping centre and 10 minutes to Launceston's CBD.
Contact Jeremy Wilkinson & Nav Kaur for further information.
Property details:
Rental estimate: Up to $680 pw
Property size: 289 sqm
Swimming pool atrium: 73 sqm
Land size: 1888 sqm (almost half an acre)
Council: West Tamar
Council Rates: $3300.00
Zoning: General Residential
**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**
Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.