2 Penrith Street, Riverside, TAS 7250 sold on 27 June 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 27 Jun 2026 for $686,500

2 Penrith Street
Riverside TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 186m2
Land area: 718m2
Save

Property Details for 2 Penrith St, Riverside

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.

Building Type
House
Year Built
1977
Floor Size
186m2
Land Size
718m2

Last Listing description (June 2026)

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"

Property History for 2 Penrith St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$686,500
27 Jun 2026
  • 27 Jun 2026
    Sold for $686,500
  • 20 May 2026
    Listed for Sale Offers Over $649,000
Commute Calculator

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 3,514 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:

  • The median value for Houses in Riverside is $784,144 while the median value for Units is $486,721.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 165 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

Market Insights
Riverside Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Riverside Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Jess Christmas
Show contact details
Roberts Real Estate Launceston
Preferred contact:
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.