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 › Guilford Rd
$725,000
Last sold
5 Dec 2023
4
Bedrooms
2
Bathrooms
7
Car spaces
1,217 m²
Land
237 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
$725,000
5 Dec 2023 · 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
+2.0%
Median sale
Suburb $711,000
-0.07 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
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?
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.
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 LauncestonStep inside this meticulously renovated 1980 brick home, situated on a generously sized internal block, with established gardens providing privacy from all sides. Throughout the home, natural timber accents and the impressive oversized front door add a touch of elegance. Experience the epitome of contemporary living in the modern, stylish kitchen, complete with a spacious butler's pantry and a 5-burner gas cooktop. Entertain effortlessly in the exceptional undercover alfresco area, featuring a built-in BBQ and pizza oven, seamlessly connected to the open-plan kitchen and family area.
Enjoy the flexibility of the layout, which includes a second spacious lounge room and four to five bedrooms, depending on whether you need an office/study or home gym. The private master bedroom suite is a haven of storage and comfort, with its own ensuite. The bespoke main bathroom is perfect for the family, featuring a kids' bath, double vanity, and a charming garden space.
Additional amenities include a powder room, reverse cycle air conditioning, the cosy warmth of wood heating, secure garaging and with ample off-street parking, you'll have space for your caravan and boat. This is the ultimate in comfortable and sophisticated family living.
Key Features:
• A renovated 1980 brick home on a large, private internal block
• Modern stylish kitchen, featuring a large butler's pantry & 5 burner gas cook top
• Excellent undercover alfresco area off the kitchen/living with built in BBQ & pizza oven
• Open plan kitchen and family area plus second spacious lounge room
• Four to five bedrooms in total (4 with built in robes)
• Private master bedroom suite with plenty of built-in storage and ensuite
• Bespoke main bathroom with kids' bath, double vanity & garden space
• Lovely natural timber accents throughout, highlighted by an oversized front door.
• Established gardens afford lots of privacy to almost all aspects from the home
• Convenience of a powder room (toilet & basin) off the main living area
• Reverse cycle air conditioning plus the cosiness of wood heating
• Secure garaging and plenty of off-street parking
• Room for the caravan and boat
• Close to shops, supermarket and facilities at the Riverside Shopping Centre
• Close to a private and public schools & community sporting facilities including pool, golf, tennis & bowls
• Only 7 minutes' drive to Launceston's CBD
Contact Jeremy Wilkinson & Nav Kaur for further information.
Rental estimate: $650 pw
House size: 207 sqm
Garage size: 30 sqm
Land size: 1217 sqm
Built: 1980
Council: West Tamar
Rates: $2,315 pa
Zoning: General Residential
Heritage listed: No
**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.