12/3 Rankine Street, Riverside, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

12/3 Rankine Street
Riverside TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 78m2
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Last updated 25 May 2026
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Property Details for 12/3 Rankine St, Riverside

12/3 Rankine St, Riverside is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 78m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1977
Floor Size
45m2
Land Size
78m2
Local Government
West Tamar
Lot/Plan
12/147366

Last Listing description (January 2026)

Located in a quiet pocket of Riverside, this home features a light-filled open-plan living area, a stylish kitchen with quality appliances, a spacious bedroom with built-in storage and a secure carport providing sheltered off-street parking and easy access to the home. The contemporary bathroom and low-maintenance layout make day-to-day living easy.Perfectly suited to a single occupant, this modern one-bedroom, one-bathroom unit offers effortless living in one of Launceston's most peaceful and convenient suburbs.With local shops, cafes and public transport just minutes away, this property combines comfort with lifestyle convenience. Ideal for those seeking a tidy, modern home in a highly sought-after location.LEASE DETAILS: Rent: $390.00 per week Bond: $1560.00 Available from the 26th of November 12-month lease Sorry, pets not suitableTo streamline our leasing process, we require all interested applicants to submit an application prior to viewing the property. All applicants will be contacted to confirm receipt of their application. Once applications have been reviewed, shortlisted applicants will be contacted to arrange an inspection time.Thank you for your understanding and interest.

Property History for 12/3 Rankine St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$280,000
30 Mar 2022
Listed for Rent
$390/w
18 Nov 2025
  • 18 Nov 2025
    Listed for Rent $390 / week
  • 25 Oct 2023
    Listed for Rent $320 / week
  • 01 Nov 2022
    Listed for Rent $300 / week
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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 3,508 properties. Over the last 5 years, Houses in Riverside have seen a 55.81% increase in median value, while Units have seen a 48.94% increase. As at 30 April 2026:

  • The median value for Houses in Riverside is $779,124 while the median value for Units is $482,124.
  • Houses have a median rent of $590 while Units have a median rent of $430.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 164 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.