12 Penrith Street, Riverside, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

12 Penrith Street
Riverside TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 234m2
Land area: 681m2
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Property Details for 12 Penrith St, Riverside

12 Penrith St, Riverside is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1977. The property has a land size of 681m2 and floor size of 234m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1977
Floor Size
234m2
Land Size
681m2
Local Government
West Tamar
Lot/Plan
165/5518

Last Listing description (February 2022)

Positioned to capitalize on the fabulous views over Riverside and the Tamar River, this large, five bedroom home will delight all who inspect. For those who love to entertain or even just for family gatherings, the excellent outdoor undercover 44sqm gazebo is perfect. This immaculate property has beautiful established gardens that are welcoming at the front and not only delightful in the backyard but will provide you with a variety of fruits.

Overview:

* Brick 1977 five bedroom home
* Three bedrooms on the upper level (all with built in storage)
* Two bedrooms (both with built in storage) underneath plus lounge, kitchenette & powder room (toilet & basin)
* Two bathrooms including an ensuite to the main bedroom
* Freshly painted, polished timber floors & some near new carpets
* Sunny kitchen with walk in pantry and beautiful views
* Deck with amazing views off the living room upstairs
* Undercover deck & courtyard downstairs with great views
* Convenience of 3 toilets
* Reverse-cycle air conditioning
* Double remote controlled garage with internal access
* Established gardens and fully fenced yard - great for kids & pets
* Close to supermarkets, shops and quality private & public schools
* Close to tennis club, golf club, swimming pool & various community facilities
* Only 6 minutes' drive to Launceston's CBD
* NBN connected

Contact Jeremy Wilkinson for further information.

Rental Estimate: $600 - $630pw
House size: 210sqm
Garage size: 50sqm
Land size: 669sqm
Built: 1977
Rates: $1961pa
Council Zoning: 10.0 General Residential
Council: West Tamar
Heritage listed: No

**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**

Property History for 12 Penrith St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$745,000
11 Dec 2021
  • 11 Dec 2021
    Sold for $745,000
  • 30 Nov 2021
    Listed for Sale Best Offer Over $695,000
  • 04 Jun 2019
    Sold for $425,000
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About Riverside 7250

The size of Riverside is approximately 55.0 square kilometres. It has 7 parks covering nearly 2.6% of 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 10-19 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 3,495 properties. Over the last 5 years, Houses in Riverside have seen a 61.86% increase in median value, while Units have seen a 47.44% increase. As at 30 November 2025:

  • The median value for Houses in Riverside is $695,518 while the median value for Units is $436,595.
  • Houses have a median rent of $520 while Units have a median rent of $428.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 196 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.