27 Penrith Street, Riverside, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

27 Penrith Street
Riverside TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 682m2
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Property Details for 27 Penrith St, Riverside

27 Penrith St, Riverside is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1996. The property has a land size of 682m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1996
Floor Size
176m2
Land Size
682m2
Local Government
West Tamar
Lot/Plan
181/9153

Last Listing description (June 2023)

Set in Penrith Street, Riverside is this unique brick family home with panoramic views of the Tamar River, Launceston City and Mountain Ranges beyond.

The split level design of the house has been thoughtfully put together to maximize the use of the 669m2 allotment. Entering through the main foyer- take a short flight of stairs to the main level, here you will find open plan living, dining and the kitchen that is well appointed- it is here you can take in the stunning landscape of the Tamar Valley and beyond through the floor to ceiling windows and access the balcony through french doors. This entire area captures the all day sun and keeps the home lovely and warm, there is also a reverse cycle to help during the cooler months. The second floor hosts three bedrooms two inclusive of built in robes and an abundance of storage options, the main bathroom- with a bathtub, shower, vanity, a separate toilet and laundry. The top floor is the perfect parental retreat containing the master suite only- a spacious bedroom with a newly renovated ensuite, an extensive walk in robe and french doors that open out onto a balcony and of course those stunning views. On the lowest level, cars can be parked out of the weather in the double garage, with internal access . The property is fully landscaped with all gardens established, retaining walls, pathways and a paved driveway- The backyard is fully fenced, has a flat stretch of lawn and a paved entertainment area with water views. This property backs on to a reserve- enjoy the privacy without neighbors looking down on you.

This spacious family home is located close to shops, medical facilities, schools and a quick trip into Launceston CBD.

Property History for 27 Penrith St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$710,000
23 May 2023
  • 23 May 2023
    Sold for $710,000
  • 11 Dec 2022
    Listed for Sale $749,000 - $785,000
  • 17 Apr 2003
    Sold for $270,000
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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 3,495 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:

  • The median value for Houses in Riverside is $695,518 while the median value for Units is $436,595.
  • Houses have a median rent of $520 while Units have a median rent of $428.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 194 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

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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.