213 West Tamar Rd, Riverside is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1961. The property has a land size of 1371m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom House sold in Riverside in the last 12 months.
OFFERS CLOSE SATURDAY 7th March at 4.00pm
Positioned in sought-after Riverside, just five minutes from Launceston CBD, this versatile property presents an outstanding opportunity for first home buyers and savvy investors alike. Set on a substantial 1,371m² fully fenced block, the offering includes a solid 1961-built three-bedroom home plus a separate one-bedroom unit - ideal for dual living or potential dual income (STCA). With modern updates already completed and further value to unlock, this is a smart buy in a high-demand location.
Property Features:
• Rental Appraisal: House - Approximately $550/week, Unit: Approximately $280/week, Together: $650/week
• Rates - $1,800/annum
Important: The unit is not currently council approved. The process has commenced for the conversion of this build to an Ancillary Dwelling; however, buyers will need to complete this process with the relevant authorities. Currently costs are estimated at $15,750 to $20,000 and may have some unknown hidden costs along the way.
Offering flexibility, space and strong future potential, this property delivers options rarely found in this price bracket. Whether you're looking to step into the market with added income support, accommodate extended family, or invest in a high-growth area, this Riverside opportunity is packed with promise.
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. 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 3,508 properties. Over the last 5 years, Houses in Riverside have seen a 58.49% increase in median value, while Units have seen a 54.99% increase. As at 31 March 2026:
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