5 Sheraton Close, Riverside, TAS 7250 sold on 13 January 2026 | OnTheHouse
SOLD
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Sold on 13 Jan 2026 for $355,000

5 Sheraton Close
Riverside TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 871m2
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Property Details for 5 Sheraton Cl, Riverside

Building Type
Land
Land Size
871m2

Last Listing description (January 2026)

Discover the potential of 5 Sheraton Close, Riverside-a generous 871m² elevated block nestled in a prestigious new subdivision. Surrounded by high-quality homes, this property offers a serene setting towards the end of a quiet cul-de-sac, ensuring peace and privacy.

Key Features:
- Spacious 871m² allotment with an elevated position, providing a solid foundation for your dream home.

- Scenic views, enjoy picturesque vistas of the Tamar River and distant mountain ranges, enhancing the property's appeal.
- Situated in a tranquil cul-de-sac, offering a safe and quiet environment.
- Proximity to Riverside Shopping Centre and just an 8-minute drive to Launceston CBD, offering easy access to amenities, schools, public transport, and the Riverside Golf Course.

This property presents a rare opportunity to build a custom home in a sought-after location. Whether you're planning to construct your forever home or seeking a valuable investment, 5 Sheraton Close offers the perfect canvas.

For more information or to arrange a viewing, please contact Riley Turner

Disclaimer - We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations to copy.

Property History for 5 Sheraton Cl, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$355,000
13 Jan 2026
  • 13 Jan 2026
    Sold for $355,000
  • 25 Jul 2025
    Listed for Sale Offers Over $349k
  • 22 Feb 2021
    Sold for $305,000
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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 3,496 properties. Over the last 5 years, Houses in Riverside have seen a 60.82% increase in median value, while Units have seen a 48.17% increase. As at 31 December 2025:

  • The median value for Houses in Riverside is $714,532 while the median value for Units is $436,769.
  • Houses have a median rent of $523 while Units have a median rent of $425.
There are currently 13 properties listed for sale, and 1 property listed for rent in Riverside on OnTheHouse. According to Cotality's data, 191 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

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Wade Hadley
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David Parry
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Parry Real Estate Pty Ltd - PROSPECT
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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.