2 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 718m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 4 bedroom House sold in Riverside in the last 12 months.
Positioned in the heart of ever-popular Riverside, this substantial family home presents a rare opportunity to secure space, views, and untapped potential in one of the area's most sought-after pockets. Capturing stunning views across the Tamar River, the home offers a flexible 2-level floorplan perfectly suited to growing families, multi-generational living, or those looking to add value through renovation.
Upstairs, the main living zone is filled with natural light and showcases the beautiful outlook, while the master suite features a walk-in robe and private ensuite, and a single bedroom - perfect for a study or nursery for added versatility. Downstairs provides further accommodation with 2 additional double bedrooms, a 2nd bathroom, and a generous rumpus complete with kitchenette - ideal for teenagers, hobbies or dual living options. Outside, the leafy garden surrounds the home, offering charm, privacy, and plenty of scope to enhance. A double garage with internal access adds everyday convenience.
Set within close proximity to quality schools, sporting facilities, and medical services, this is a location that continues to see strong demand. With solid bones, an adaptable layout, and incredible views, this is an outstanding opportunity to renovate, invest, and create something truly special.
2 Penrith St at a glance:
Substantial family home in the heart of Riverside
Stunning Tamar River views
Exceptional renovation potential
Flexible floorplan with multiple living zones
Double garage with internal access
Character-filled leafy garden
Close to quality schools, sporting and medical facilities
Additional information:
Rental estimate: approx $580 per week 'as is' or $650-$700 per week with some updates
Year built: 1977
Materials: Brick veneer & tile
House: 186sqm
Land: 624sqm
Rates: Approx $1,900pa
Water: Approx $1,100 plus usage
Council: West Tamar
"Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate"
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:
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