5 Penrith Street, Riverside, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

5 Penrith Street
Riverside TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 783m2
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Property Details for 5 Penrith St, Riverside

5 Penrith St, Riverside is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1986. The property has a land size of 783m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1986
Floor Size
112m2
Land Size
783m2
Local Government
West Tamar
Lot/Plan
152/5518

Last Listing description (January 2024)

Situated in popular Riverside with magnificent views out over the kanamaluka/Tamar River, this three three bedroom home has so much to offer.

Freshly painted, brand new carpet and a secure remote controlled garage under the house, those extra touches really make a difference.

The master bedroom features a built in wardrobe and floor to ceiling windows enabling you to make the most of the views.

A reverse cycle heat pump ensures you are covered for all climates.

The kitchen boasts a double sink, a wall oven and a dishwasher for added convenience.

A large secure back yard with established gardens and a paved entertaining area provides a safe space for children to play or to gather with family and friends.

Located close to public transport and only five kms from the CBD and local schools you will have the suburban lifestyle and the city within arms reach.

*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 Penrith St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$535,000
04 May 2023
Listed for Rent
07 Jan 2024
  • 12 Dec 2023
    Listed for Rent $500 / week
  • 11 Aug 2023
    Listed for Rent $500 / week
  • 04 May 2023
    Sold for $535,000
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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 3,502 properties. Over the last 5 years, Houses in Riverside have seen a 57.42% increase in median value, while Units have seen a 56.65% increase. As at 28 February 2026:

  • The median value for Houses in Riverside is $734,149 while the median value for Units is $467,496.
  • Houses have a median rent of $550 while Units have a median rent of $425.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 180 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.