2/20 Balmoral Ave, Riverside is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1998. The property has a land size of 377m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
This beautifully maintained unit has one of the most sought after positions in Riverside, situated on an elevated 377m2 block and built in 1998 in a quiet street, only a few minutes' drive to the shopping precinct, this meticulously maintained home has well-proportioned rooms combined with a very functional floor plan.
Boasting peace and privacy with very pleasant views of Launceston and the Tamar River, your inspection is highly recommended. Features include a spacious open plan lounge with dining/kitchen area plus reverse cycle heating and plenty of natural light, 2 bedrooms main with built-ins robes, bathroom & toilet plus separate laundry, also a single garage with workshop plus off street parking. Take the time to relax and enjoy this low maintenance secure garden with a private entertaining area at the rear of the property.
Currently leased until August 2019 with a long term tenant paying $270 per week.
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:
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