394 West Tamar Road, Riverside, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

394 West Tamar Road
Riverside TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 114m2
Land area: 976m2
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Property Details for 394 West Tamar Rd, Riverside

394 West Tamar Rd, Riverside is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 976m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1960
Floor Size
114m2
Land Size
976m2
Local Government
West Tamar
Lot/Plan
29/17683

Last Listing description (February 2022)

Sitting on an impressive 974m2 block you will find this unique 1960's home, offering huge renovation potential. This property could be your next family home or, for the right buyer, a development opportunity with the addition of a second dwelling to maximise the space and return (STCA).

The home itself boasts three generous bedrooms; two with built-in robes as well as a spacious lounge and separate kitchen and dining. Externally the home offers a wonderful paved area ideal for outdoor dining or entertaining. A large shed to the side of the home is also an excellent additional perfect for storage.

Large blocks are becoming increasingly hard to come by, so for that reason its important to act fast and call today for more information.

The location of this property also offers huge convenience. desirably positioned amongst many important shops and schools as well as parks, public transport and also within a short 10 minute commune to the Launceston CBD.

Rental Estimate: $425 per week

Property History for 394 West Tamar Rd, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$570,000
16 Dec 2021
  • 16 Dec 2021
    Sold for $570,000
  • 24 Nov 2021
    Listed for Sale Offers Over $579,000
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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 22 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.