98 Sycamore Road, Risdon Vale, TAS 7016 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $595,000

98 Sycamore Road
Risdon Vale TAS 7016

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 132m2
Land area: 687m2
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A Great Investment For Your Portfolio!

If you're looking for an investment property that delivers reliable returns with long-term potential, this spacious four-bedroom home deserves your attention. Currently leased to excellent tenants until January 2027 at $545 per week with room to grow, it offers immediate rental income from day one.
Inside, the home features four generous bedrooms, with the main bedroom offering a walk-in wardrobe and additional storage. The open-plan kitchen and living area is bright and functional, complete with a reverse cycle air conditioner for year-round comfort.
A large laundry/utility room provides excellent practicality and leads to the fully fenced backyard. Outside you'll find both a deck and a covered entertaining area, while the rear of the property enjoys a peaceful outlook over a reserve with a creek.
Vehicle accommodation is well catered for with a substantial double garage and additional off-street parking for several vehicles. Additional features include solar hot water and security shutters.
While the home would benefit from some cosmetic updates over time, it presents as a solid, comfortable property with plenty of scope to add value in the future. Combined with its established tenancy and attractive rental return, this is an excellent opportunity for investors seeking a property with proven performance and future upside.
For further information or to arrange an inspection, please contact Matt Carne.
The Vendor reserves the right to accept an offer at any time during the marketing period.
To arrange your inspection, please contact our office using the Contact Agent link on this page.
All measurements are approximate. Interested purchasers should make their own enquiries and satisfy themselves as to the accuracy of the information provided. The particulars contained in this advertisement do not form part of any contract.

Property Details for 98 Sycamore Rd, Risdon Vale

98 Sycamore Rd, Risdon Vale is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 687m2 and floor size of 132m2. The place is currently for sale with Raine & Horne Eastern Shore - Rosny Park.

Building Type
House
Floor Size
132m2
Land Size
687m2
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About Risdon Vale 7016

The size of Risdon Vale is approximately 14.5 square kilometres. There are 14 parks, covering nearly 12.9% of the total area. The population of Risdon Vale in 2016 was 2872 people. By 2021 the population was 3171 showing a population growth of 10.4% in the area during that time. The predominant age group in Risdon Vale is 30-39 years. Households in Risdon Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Risdon Vale work in a labourer occupation.In 2021, 63.50% of the homes in Risdon Vale were owner-occupied compared with 64.00% in 2016.

Risdon Vale has 1,417 properties. Over the last 5 years, Houses in Risdon Vale have seen a 43.57% increase in median value, while Units have seen a 32.74% increase. As at 30 June 2026:

  • The median value for Houses in Risdon Vale is $566,762 while the median value for Units is $560,584.
  • Houses have a median rent of $545.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Risdon vale on OnTheHouse. According to Cotality's data, 66 properties were sold in the past 12 months in Risdon vale.

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Matt Carne
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Raine & Horne Eastern Shore - Rosny Park
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