213 West Tamar Road, Riverside, TAS 7250 sold on 30 March 2026 | OnTheHouse
SOLD
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Sold on 30 Mar 2026 for $550,000

213 West Tamar Road
Riverside TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 125m2
Land area: 1371m2
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Property Details for 213 West Tamar Rd, Riverside

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.

Building Type
House
Year Built
1961
Floor Size
125m2
Land Size
1371m2

Last Listing description (March 2026)

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:

• Large 1,371m² fully fenced allotment
• Main home built in 1961
• Three bedrooms, one bathroom (house)
• New carpet & updated kitchen in main home
• Daikin heat pump plus freestanding wood heater
• Separate one-bedroom, one-bathroom unit
• Updated kitchen & bathroom in unit
• Heat pump servicing the unit
• Ideal for extended family, teenagers or rental income potential
• Town water & Town Sewage
• NBN Available
• Close to schools, doctors & Riverside shopping amenities
• Only 5 minutes to Launceston CBD

• 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.

Property History for 213 West Tamar Rd, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$550,000
30 Mar 2026
Listed for Rent
$550/w
10 Apr 2026
  • 10 Apr 2026
    Listed for Rent $550 / week
  • 30 Mar 2026
    Sold for $550,000
  • 02 Mar 2026
    Listed for Sale $489,000 - $539,000
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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 3,508 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:

  • The median value for Houses in Riverside is $764,089 while the median value for Units is $497,215.
  • Houses have a median rent of $575 while Units have a median rent of $430.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 172 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

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Tanya Meneghetti
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Roberts Real Estate Tamar Valley - Exeter
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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.