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 › Lothian Pl
$2,000,000
Last sold
1 Oct 2025
4
Bedrooms
3
Bathrooms
20
Car spaces
42,896.678 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$2,000,000
1 Oct 2025 · 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
+181.3%
Median sale
Suburb $711,000
-2.57 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 Bushby CreeseSet on over 10 acres at the gateway to the Tamar Valley wine route, this exceptional lifestyle property in Riverside delivers the perfect fusion of rural serenity, family comfort, and unparalleled recreational amenity, within just 10 minutes from the heart of Launceston.
Perfectly positioned to capture spectacular views of the valley, mountains and Tamar River, this immaculately maintained double brick residence offers expansive living across two sun-drenched levels.
At the heart of the home, the kitchen forms a central hub, fully equipped with black granite countertops, abundant storage within quality timber cabinetry, and premium appliances.
The kitchen flows to both informal and formal dining areas, a sunroom flooded with natural light, and a cosy sunken lounge with wood heating that looks out onto the expansive courtyard.
Four generous bedrooms are split across both floors, each with walk-in wardrobes, and the master bedroom extra large in size, on the ground-level includes a stylish en-suite. The upstairs bedrooms also feature built-in desks and excellent storage, ideal for growing families.
Purpose-built for hosting, the aquatic centre is truly unique, featuring an enclosed in-ground heated salt water pool, wood-fired pizza oven and walk in prep-room complete with with a cool room, plus a shower and toilet. Adjacent, a dedicated games room with bar and wine cellar completes the ultimate entertainment offering.
The main bathroom features a bath, shower, and a vanity, with a separate toilet adjacent. The large laundry contains plenty of space for everyday essentials, and extensive additional storage enhances functionality throughout. There is also comfortable office space with in-built desk space, perfect for those who work from home.
Outside, the opportunities are endless. The land includes numerous fenced paddocks with water ideal for livestock, a chicken shed, two greenhouses and a private vineyard, perfect for hobbyists or serious growers.
Substantial infrastructure includes a double garage with internal access, a single carport and a generous 6-bay garage and workshop with extra-height roller doors, offering secure storage for machinery, tools, or multiple vehicles. The property also includes a separate outbuilding providing endless potential (STCA).
Ideal for those seeking a peaceful country retreat, a base for agricultural ventures, or a space to entertain on a grand scale, this remarkable Riverside property offers an enviable escape from the everyday to embrace a serene environment without compromising on convenience.
*Proposed planning permit approved for 2 lots (8000m2+)
Listing description written by George Bushby, Bushby Creese — 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.