3 Balmoral Avenue, Riverside, TAS 7250 sold on 18 November 2025 | OnTheHouse
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Sold on 18 Nov 2025 for $645,000

3 Balmoral Avenue
Riverside TAS 7250

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 228m2
Land area: 667m2
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Property Details for 3 Balmoral Ave, Riverside

3 Balmoral Ave, Riverside is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 667m2 and floor size of 228m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 5 bedroom House sold in Riverside in the last 12 months.

Building Type
House
Floor Size
228m2
Land Size
667m2

Last Listing description (November 2025)

Positioned in the highly sought-after suburb of Riverside, this expansive family home offers breathtaking, far-reaching views of the Tamar River and beyond. Spanning two levels, this residence is designed for both comfort and style, with a versatile layout that's ideal for family living.

The upper level features three well-appointed bedrooms, including a master suite with a walk-through robe and ensuite. The additional bedrooms are serviced by a centrally located second bathroom, complete with a separate bath, shower, and toilet for convenience. The heart of the home lies in the bright and open living spaces, where a spacious lounge flows seamlessly into the dining and kitchen area. Step outside onto the large outdoor entertaining deck to soak in the stunning, panoramic views - an ideal setting for hosting or unwinding.

Downstairs, you'll find two more bedrooms, a spacious rumpus room with access to the double garage, a large laundry, and an additional toilet. Built-in wardrobes in all bedrooms provide ample storage throughout.

Located just a short drive from local schools, parks, sporting facilities, and essential services, this home offers the best of Riverside living with the convenience of being only 5–10 minutes from Launceston's CBD.

A home of this calibre, with its exceptional views and versatile layout, is a rare find in Riverside - well worth an inspection!

Currently rented until September 2025 at $550 per week.

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Boundary lines are indicative only.

Property History for 3 Balmoral Ave, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$645,000
18 Nov 2025
  • 18 Nov 2025
    Sold for $645,000
  • 12 Sep 2024
    Listed for Sale SOLD SMARTRE $649,000
  • 23 Feb 2023
    Listed for Sale $690,000
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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 21 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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Rianna Wood
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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.