Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

TAS › Montrose › Riverway Rd

21 Riverway Rd, Montrose TAS 7010

House

5

Bedrooms

2

Bathrooms

5

Car spaces

1,073 m²

Land

1,839.48 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationRecorded House sales in Montrose (last 5 years) with land size: median $927/m² of land (n=61). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned General Residential (113.8) under the Glenorchy Local Provisions Schedule.(theLIST · 30 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $927/m² of land (n=61). Districts calculation from recorded sales — not a valuation.

Montrose at a glance

2,188

People

$700,000

Median sale

$577/wk

Median rent

4.29%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Montrose report →

Planning

Planning and development

Planning scheme

Glenorchy Local Provisions Schedule

Zone

General Residential

113.8

Jurisdiction

Glenorchy

Glenorchy, TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 5392031

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown10 Feb 2026
  2. Listedprice unknowncompleted9 Dec 2025
  3. Listedprice unknowncompleted9 Dec 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned General Residential · 113.8 (Glenorchy Local Provisions Schedule). Official parcel area about 1,077 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $577/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned General Residential · 113.8 (Glenorchy Local Provisions Schedule). Official parcel area about 1,077 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

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 1,077 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Montrose in one glance

Montrose at a glance

2,188

People

$700,000

Median sale

$577/wk

Median rent

4.29%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Montrose report →

Keep researching

  • Why Montrose? Read the area thesis →
  • What else is on the market in Montrose →
  • Other records on Riverway Rd →

Listing material

Listed by LJ Hooker Pinnacle Property

Stylish Family Living with Space, Views & Versatility

Welcome to 21 Riverway Road – a spacious, beautifully presented family home offering generous living zones, flexible accommodation and superb indoor–outdoor flow. Set in the sought-after suburb of Montrose, this five-bedroom home is perfect for growing families, entertainers, or anyone seeking room to spread out in comfort.

Key Features:

? Five Bedrooms

Read the full description

Well-sized bedrooms provide plenty of room for the whole family, guests, or a home office setup.

? Two Modern Bathrooms

Conveniently located and designed for easy family living.

? Large Rumpus Room with Bar

An entertainer’s dream! This expansive space is ideal for gatherings, movie nights, games, or a private retreat – complete with a built-in bar for added flair.

? Spacious Deck

Step outside to a large, elevated deck perfect for summer BBQs, relaxing with a morning coffee, or taking in mountain and district views.

? Double Car Garage

Secure parking plus additional storage options.

Positioned close to schools, parks, local shops, and the Montrose Foreshore, this property blends convenience with lifestyle. With its flexible floor plan, generous proportions and fantastic entertaining spaces, 21 Riverway Road is the complete family package.

Don’t miss your chance to secure this exceptional home – your next chapter starts here.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Listing description written by Ben Ayers, LJ Hooker Pinnacle Property — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.