17 Penrith Street, Riverside, TAS 7250 sold on 18 August 2025 | OnTheHouse
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Sold on 18 Aug 2025 for $750,000

17 Penrith Street
Riverside TAS 7250

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 198m2
Land area: 672m2
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Property Details for 17 Penrith St, Riverside

17 Penrith St, Riverside is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1979. The property has a land size of 672m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 5 bedroom House sold in Riverside in the last 12 months.

Building Type
House
Year Built
1979
Floor Size
198m2
Land Size
672m2
Local Government
West Tamar
Lot/Plan
158/5518

Last Listing description (November 2025)

Discover a superb location with breathtaking 180 degree, panoramic views across the Tamar River to the mountains beyond. Incorporating 5 bedrooms, 3 bathrooms and 2 living areas, 17 Penrith Street, offers a fantastic opportunity for families to enjoy a versatile and comfortable lifestyle. The spacious front balcony is the perfect spot to relax and take in the spectacular outlook over a morning coffee or evening wine. This immaculate, well-presented home is move-in ready with a north-facing, sun-drenched interior that maximises natural light. Upstairs are three bedrooms with the master suite boasting a floor to ceiling wardrobe and en-suite. The sheltered undercover outdoor entertaining area is a highlight, ideal for gatherings and al-fresco living. Designed with versatility in mind, the property features a large living space downstairs, two more bedrooms and bathroom; perfect for a combined family unit, parent's retreat, Airbnb or home business opportunity with its own access.Additional features include a lock-up garage with remote control and internal access, NBN connectivity and close proximity to public transport and local schools. Located less than 5 minutes from the Riverside Shopping Plaza, Riverside Golf Club, Aquatic Centre and other sporting facilities, with theLaunceston CBD just 8 minutes away. This home combines stunning views, functional indoor and outdoor living spaces, along with a convenient location. An opportunity not to be missed!Built: 1979Land Size; 672m2House Size: 180m2Council Rates: Approx. $2100 per yearWater Rates: Approx. $1100 per yearZoning: General Residential

Property History for 17 Penrith St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$750,000
18 Aug 2025
  • 18 Aug 2025
    Sold for $750,000
  • 06 Aug 2025
    Listed for Sale $750,000
  • 28 Apr 1995
    Sold for $129,000
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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 3,494 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 20 properties listed for sale, and 2 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 193 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

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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.