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.
6
Bedrooms
4
Bathrooms
10
Car spaces
1,305 m²
Land
260 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 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 LauncestonNestled on a sprawling 1305 sqm elevated block, this architecturally stunning home offers breathtaking Tamar River views. The meticulously designed interior features expansive glazing to capture the panoramic vistas, creating a seamless connection between indoor and outdoor living. The open-plan kitchen, adorned with stone benchtops and high-end appliances, is a chef's dream. The luxurious main bedroom suite, complete with a walk-in shower, floor heating and a spacious walk-in wardrobe, is a private sanctuary.
With four to five bedrooms in the main residence, plus a separate studio, this property offers ample accommodation for any size family. The multiple living areas provide versatile spaces for relaxation and entertaining. Enjoy the outdoor living areas, including a north-facing deck perfect for soaking up the sun. The home is equipped with a 20-panel solar power system, double glazing and full insulation, ensuring both energy efficiency and comfort.
Additional features include a designer butler's pantry with extra bench space, storage and double dishwashers, a stunning main bathroom with a luxuriously deep bath and separate walk-in shower, a ground-floor lounge with a third bathroom and a separate studio or home gym. Ducted reverse cycle air conditioning upstairs and an extra unit downstairs guarantee year-round comfort.
The property is beautifully landscaped, with easy-to-maintain gardens and a garden shed. A remote-controlled garage with internal access provides convenient parking, while the additional triple car garage offers ample space for vehicles, workshop or storage. The location is ideal, with schools, shops, supermarkets and community sports clubs just a short drive away. Experience the ultimate in modern luxury and panoramic water views in this exceptional property.
Key Features:
• Immaculate architecturally designed, contemporary home with stunning water views
• Situated on a large fully landscaped 1305 sqm elevated block
• 20 Panel solar power system, double glazing, fully insulated
• Fabulous north facing deck overlooking Tamar Island and across to the mountains
• Amazing living areas feature extensive glazing to take in the water views
• Designer open-plan kitchen features stone benchtops and a large induction cooktop
• Excellent butler's pantry with extra benchtop space, storage, sink & double dishwashers
• Beautiful main bedroom suite offers a walk-in rainfall shower, floor heating & walk-in wardrobe
• Four bedrooms in total (all with built-in wardrobes) plus an office (could be a 5th bedroom)
• Stunning main bathroom features a luxuriously deep bath & separate walk-in shower
• Another lounge room on the ground floor level with a third beautiful bathroom & two of the bedrooms
• Additional 6th bedroom/office/study/ home gym or studio in separate accommodation with a 4th bathroom
• Ducted reverse cycle air conditioning upstairs plus an extra unit downstairs
• Quality floor coverings and high-end fixtures, floor heating in bathrooms
• Security system, ducted vacuum system,
• Choice of outdoor living areas - either open or undercover for enjoying in all weather
• Remote-controlled garage with internal access
• Additional triple car garage located at the rear
• Loads of parking and room for the caravan, boat and trailer
• Lovely established grounds - easy to maintain, garden shed, watering system
• Only 3 minutes' drive to schools, shops, supermarkets in Riverside
• Close to Riverside's community sports clubs - tennis, golf, bowls & swimming pool
• Only 8 minutes' drive to Launceston's CBD
Contact Jeremy Wilkinson for your inspection.
Rental estimate: Up to $900 pw
House size: 260 sqm
Garage attached: sqm
Separate garage size: 56 sqm
Land size: 1305 sqm
Built: 2017
Council rates: $3,982
Council: West Tamar Council
Council 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.