5/5 Rankine StreetRiverside TAS 7250
Property Details for 5/5 Rankine St, Riverside
5/5 Rankine St, Riverside is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 358m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2010.
Last Listing description (April 2026)
Positioned within a secure and well-maintained complex, this solid brick unit delivers comfortable, low-maintenance living in one of Riverside's most convenient pockets.
Step inside and you're welcomed into a generous open-plan living, dining and kitchen zone that is light-filled, practical and designed for easy everyday living. The modern kitchen is spacious and well appointed, offering excellent bench space and ample storage, making it as functional as it is inviting.
The living and dining area captures beautiful natural sunlight and feels impressively spacious. Sliding doors provide seamless access to a private, low-maintenance yard featuring artificial turf, allowing you to enjoy an outdoor area year-round without the upkeep, ideal for entertaining or simply relaxing.
Both bedrooms are well-proportioned and include built-in robes, while the main bathroom is modern in finish and thoughtfully designed, featuring a bath and the added convenience of a separate toilet.
Outside, the home continues to impress with an undercover carport, a handy garden shed for additional storage, and a flat, easy-care allotment that enhances the overall practicality of the property. The property is also connected to NBN Fibre to the Premises, ensuring fast and reliable internet.
Located just moments from Riverside Shopping Centre, public transport, walking tracks and quality local schools including Riverside Primary, Riverside High and the highly sought-after Trevallyn Primary School, with the Launceston CBD only a short drive away.
Body corporate fees are approximately $1,750 per annum which incorperates the building insurance . The property is currently rented at $420 per week, with an increase due to $450$470 per week, presenting a solid investment opportunity.
The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.
Property History for 5/5 Rankine St, Riverside, TAS 7250
- 25 Feb 2026Listed for Sale $550,000
- 06 Sep 2024Listed for Rent $420 / week
- 03 Mar 2023Listed for Rent $400 / week
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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 3,507 properties. Over the last 5 years, Houses in Riverside have seen a 55.81% increase in median value, while Units have seen a 48.94% increase. As at 30 April 2026:
- The median value for Houses in Riverside is $779,124 while the median value for Units is $482,124.
- Houses have a median rent of $590 while Units have a median rent of $430.
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