1/672 West Tamar Highway, Riverside, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/672 West Tamar Highway
Riverside TAS 7250

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 131m2
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Last updated 29 Jun 2026
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Property Details for 1/672 West Tamar Hwy, Riverside

1/672 West Tamar Hwy, Riverside is a 4 bedroom, 1 bathroom Unit. The property has a land size of 131m2.

Building Type
Unit
Land Size
131m2
Local Government
West Tamar

Last Listing description (October 2024)

Nestled in the thriving community of Legana, this property presents an exceptional opportunity for investors seeking a versatile home with strong potential for rental income or small families eager to capitalise on the area's ongoing growth.

Boasting three generously sized bedrooms, each complete with built in robes, the home provides ample storage, ideal for families or tenants alike. The thoughtfully designed layout creates a seamless flow through the home, with a well appointed bathroom, featuring both a shower and bath, providing flexibility and comfort. A separate toilet adds further convenience.

The kitchen offers an abundance of storage and modern appliances, making it both functional and stylish. It caters to the needs of a busy household, ensuring meal preparation is a breeze while maintaining a contemporary appeal. The open plan layout ensures that cooking, dining and entertaining all come together harmoniously, making it perfect for family gatherings or hosting guests.

The polished hardwood floorboards throughout the living areas add a touch of elegance, complemented by the natural light that floods the space, creating a bright and inviting atmosphere. For year round comfort, this area is heated by both a wood fire and a reverse-cycle heat pump, ensuring it remains cosy during Tasmania's cooler months while offering efficient cooling during the summer.

A unique feature of this home is the downstairs area, which includes a single garage and an additional storage room. This space could easily be converted into a fourth bedroom or a home office, complete with its own toilet, providing added flexibility for multi generational living.

Situated in a highly sought after location, the property offers unparalleled convenience. The area is known for its growing population and expanding amenities, including supermarkets, coffee shops and essential services, all just a short walk or drive away. With the newly established Legana Primary School nearby, the area is increasingly popular with families, further boosting its potential as a long term investment.

Additionally, the property is just a 14 minute drive from Launceston's CBD, providing easy access to the city's vibrant dining, shopping and cultural scene. Whether you're looking for a family home or a prime investment, this property's an excellent choice for those looking to secure a valuable piece of Tasmania's Real Estate Market.

* Tenanted until the 27th of November - Rental Estimate: $490 p/w.

Property History for 1/672 West Tamar Hwy, Riverside, TAS 7250

A timeline of how this property has performed in the market
  • 09 Oct 2024
    Listed for Sale Offers Over $445k
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About Riverside 7250

The size of Riverside is approximately 55.0 square kilometres. There are 7 parks, covering nearly 2.6% of the total area. The population of Riverside in 2016 was 6472 people. By 2021 the population was 7326 showing a population growth of 13.2% in the area during that time. The predominant age group in Riverside is 30-39 years. Households in Riverside are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverside work in a professional occupation.In 2021, 73.30% of the homes in Riverside were owner-occupied compared with 72.70% in 2016.

Riverside has 3,514 properties. Over the last 5 years, Houses in Riverside have seen a 51.67% increase in median value, while Units have seen a 43.38% increase. As at 31 May 2026:

  • The median value for Houses in Riverside is $784,144 while the median value for Units is $486,721.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 166 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.