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 › Grinter St
$700,000
Last sold
5 Sept 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
668 m²
Land
154 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
$700,000
5 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Riverside (last 5 years) with land size have a median of $796/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
-1.5%
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
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 LauncestonSoak up sweeping Tamar River views from this sunny, north-facing four-bedroom home set across two versatile levels with abundant storage throughout. Upstairs offers generous open plan living, a stylish renovated bathroom with deep bath, polished timber floors and a fully glazed deck for year-round enjoyment. The kitchen captures gorgeous views and is ready for your own contemporary touch.
Downstairs features a self-contained unit with its own deck, large bedroom, kitchen area (needing only an oven to complete), bathroom and spacious living. Additional rooms provide flexible space for home office, studio, or extra accommodation to suit your lifestyle.
With extensive storage solutions integrated throughout both levels, plus a terraced backyard, double carport, workshop and proximity to shops, schools, sporting facilities and the Gorge, this superb package is just seven minutes from the CBD.
Key Features:
• A north-facing sunny four-bedroom home spanning two levels
• Fabulous weeping views over the Tamar River to Tamar Island and hills beyond
• Potential self-contained unit on the lower level with a large bedroom, kitchen area, 2nd bathroom and large living spaces
• Fully glazed deck off the living/kitchen for enjoying in any weather
• Second deck off the lower level for outdoor living
• Generous open plan living, kitchen and dining spaces
• Kitchen features gorgeous city & water views, gas cooktop, dishwasher & plenty of storage
• Three double bedrooms upstairs - all with built-in wardrobes
• The main bathroom has been fully renovated and features extensive tiling, a deep lux bath, separate rainfall shower & separate toilet
• Freshly painted throughout in neutral tones
• Polished timber floors
• Reverse cycle air conditioning & wood heating
• Terraced backyard with garden shed
• Double carport and off-street parking
• Workshop/storage room
• Close to the shops, supermarket and facilities at Trevallyn or Riverside
• Close to a private and public schools & community sporting facilities including pool, golf, tennis & bowls
• Close to the Cataract Gorge and a myriad of walking tracks
• Only 7 minutes' drive to Launceston's CBD
Contact Jeremy Wilkinson for your inspection.
Rental estimate: Up to $660 pw
House size: 154 sqm
Carport size: 35 sqm
Land size: 668 sqm
Built: 1972
Council: West Tamar
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.
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.