5/38 Elouera StreetRiverside TAS 7250
Property Details for 5/38 Elouera St, Riverside
5/38 Elouera St, Riverside is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 178m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Unit sold in Riverside in the last 12 months.
Last Listing description (May 2025)
Located in the very popular suburb of Riverside this spacious two bedroom unit is the perfect buy for the savvy investor or the first home buyer looking to break into the market.
Boasting a spacious open plan living and dining area with an updated kitchen, this solid brick unit is ready to move into. Both bedrooms are generous in size with the master offering a built-in robe. The balcony captures the afternoon sun and is the perfect spot for evening BBQ's.
Located just a shot stroll to the play ground at the Tailrace Centre and only a quick drive to either the Launceston CBD or the Riverside shopping precinct, this unit is sitting in an ideal spot for either the new tenants or the new owner.
For a private inspection call Joey Maloney today.
*Ray White Launceston has no reason to doubt the accuracy of this information which has been obtained from sources considered to be reliable; however, we cannot guarantee it. Prospective tenants are advised to carry out their own investigations. Any supplied measurements are approximate.
Property History for 5/38 Elouera St, Riverside, TAS 7250
- 03 Apr 2025Sold for $322,000
- 01 Apr 2025Listed for Sale Offers Over $299,000
- 20 Feb 2025Listed for Rent $350 / week
Recent sales nearby
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0About 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 59.26% increase in median value, while Units have seen a 41.33% increase. As at 31 October 2025:
- The median value for Houses in Riverside is $679,213 while the median value for Units is $418,624.
- Houses have a median rent of $520 while Units have a median rent of $420.
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