4 Riverside Dr, Riverside is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 817m2 and floor size of 92m2.
This well presented and ideally located property is ready and waiting for a professional couple, small family, a retired couple or as an investment property. Unit 4/85 Riverside Drive is the perfect candidate! This charming unit is ideally located in the renowned suburb of Riverside.
The functional kitchen offers plenty of bench space, breakfast bar and pantry cupboard. The separate laundry is located off the kitchen for easy access. The living area is open plan with large windows that make the most of the morning sun and the incredible view. Sliding door access leads you to the deck which also overlooks the view and has an outlook over the backyard. This sought after view overlooks the river and up to the city of Launceston.
The fully fenced yard is neat and tidy making it very easy to maintain, with a large storage area underneath the unit. The bathroom offers shower and bath, vanity and the toilet is separate. The 2 large bedrooms feature generous built-in storage. The garage is easy to access from the main road and has internal access, so you don't have to get wet on those rainy days. The Riverside shopping complex is a 5 minute walk down the hill, with supermarket, and so much more! Close to schools and a short commute to central Launceston.
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 3,501 properties. Over the last 5 years, Houses in Riverside have seen a 57.46% increase in median value, while Units have seen a 51.58% increase. As at 31 January 2026:
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