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.
$669,000
Last sold
19 Nov 2024
4
Bedrooms
2
Bathrooms
6
Car spaces
959 m²
Land
186 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
$669,000
19 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Riverside (last 5 years) with land size have a median of $803/m² of land (n=106). 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.
Vs Riverside
-5.9%
Median sale
Suburb $711,000
+0.25 pp
Gross yield
Suburb 3.99%
Suburb median $711,000 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
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 LauncestonThis low-maintenance brick home is perfect for families seeking comfort and convenience. Bathed in all-day sun, the open-plan kitchen and dining area, equipped with a dishwasher and fridge which flows seamlessly into the living space, while a freshly renovated modern bathroom adds a touch of luxury.
With three bedrooms upstairs with built in cupboards including a master bedroom complete with an ensuite and an additional room down stairs which can be used as an additional bedroom or study, there is plenty of space to cater to your family's needs. For leisure and relaxation, the spacious rumpus room serves as a versatile second living area or gym, complete with an integrated laundry. Enjoy year-round comfort with a heat transfer system, wood heater and reverse cycle air conditioning.
The expansive double garage offers additional storage, workshop space and security, complemented by the convenience of off street parking. Outside, the patio area is ideal for entertaining family and guests, with a spacious and fully enclosed yard, it is perfect for pets. This home is conveniently located just 8 minutes from Launceston's CBD, close to shops, schools, and essential services.
Features:
• Low maintenance family brick home
• Three bedrooms upstairs with built in cupboards and a room downstairs perfect for an additional bedroom/study
• Master bedroom with ensuite
• Extra living space/Rumpus room with integrated laundry
• Open plan kitchen/dining featuring dishwasher and fridge
• Freshly renovated modern bathroom with bath
• Heat transfer system, wood heater and reverse cycle air conditioning perfect for maintaining comfort all year around
• Spacious double garage under house with extra storage and workshop space
• Outdoor patio area for entertaining guests and family BBQs
• Secure fully enclosed yard ideal for pets
• Veggie patch with watering system
• Wifi security at front of house
• Great location capturing all day sun, with views across the Tamar River
• Close to shops, schools and services
• Only 8 minutes' drive to Launceston's CBD
Contact Jeremy Wilkinson for further information.
Rental estimate: Up to $550 pw
House size: 286 sqm
Land size: 959 sqm
Built: 1980
Council rates: $2,000 pa
Zoning: General Residential
Council: West Tamar
**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.
Nearby 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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.