50 Penrith Street, Riverside, TAS 7250 | Property Value & History | OnTheHouse
 
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50 Penrith Street
Riverside TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 226m2
Land area: 623m2
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Property Details for 50 Penrith St, Riverside

50 Penrith St, Riverside is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2011. The property has a land size of 623m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Year Built
2011
Floor Size
226m2
Land Size
623m2
Local Government
West Tamar
Lot/Plan
2/158430

Last Listing description (May 2021)

** PRESS PLAY TO WATCH A FULL HD VIDEO TOUR OF THIS PROPERTY **

* Beautiful modern home of large proportions, capturing stunning views
* Multiple living rooms including open plan living, formal lounge and rumpus downstairs

* Open plan living connects seamlessly to the large deck and separate undercover alfresco
* Backyard borders onto parkland including playground, green space & cricket net
* Spacious kitchen features stone bench tops, plenty of storage, quality appliances
* Large master suite with frameless walk in shower, double vanity and walk in robe
* Separate wing provides formal lounge with picture frame window, home office & bedroom
* Downstairs is ideal for children and guests - two bedrooms, rumpus and bathroom
* Double garage with internal access, separate laundry, double glazed windows
* Fibre to the Premises (FTTP NBN), LED lights throughout with dimmer switches
* Minutes to Riverside Shopping Centre, Golf Course, Swimming Pool & Tennis Centre
* 7 minutes to the Launceston CBD, 20 minutes to the Launceston Airport

Disclaimer:
One Agency Launceston has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to execute their own enquiries.

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Property History for 50 Penrith St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$630,000
20 Apr 2018
  • 23 Mar 2021
    Listed for Sale Best Offer Over $775,000
  • 20 Apr 2018
    Sold for $630,000
  • 16 Feb 2017
    Listed for Sale $325,000
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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 3,495 properties. Over the last 5 years, Houses in Riverside have seen a 61.86% increase in median value, while Units have seen a 47.44% increase. As at 30 November 2025:

  • The median value for Houses in Riverside is $695,518 while the median value for Units is $436,595.
  • Houses have a median rent of $520 while Units have a median rent of $428.
There are currently 18 properties listed for sale, and 1 property listed for rent in Riverside on OnTheHouse. According to Cotality's data, 195 properties were sold in the past 12 months in Riverside.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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