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

56 Penrith Street
Riverside TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 199m2
Land area: 673m2
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Property Details for 56 Penrith St, Riverside

56 Penrith St, Riverside is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 673m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1992
Floor Size
199m2
Land Size
673m2
Local Government
West Tamar
Lot/Plan
32/10521

Last Listing description (January 2021)

Riverside properties are renowned for the views that they offer of the Tamar River, and 56 Penrith Street enjoys some of the best available in this area! From the moment that you enter the home your breath is taken away by the stunning landscape enjoyed through the floor to ceiling windows of the main living area.

The hub of the home incorporates the kitchen, dining and main living space. The kitchen has a luxurious feel with it's stone benchtops, induction cooktop and generous storage.
The spacious living area leads to an outdoor deck through stacker doors where many a summer BBQ would be enjoyed with family and friends taking in the magnificent views.

The upstairs part of the home features 3 bedrooms with built in robes and a spacious bathroom with corner spa. The laundry is also upstairs and has plenty of storage and is nicely finished.

Downstairs you will find a multi purpose room with second bathroom, which could be a master bedroom, rumpus room or guest wing - the choice is yours! This area leads to an undercover entertaining area perfect for the scorching summer days or inclement weather.

Outside, the cars will be kept out of the weather in the enclosed double carport, and the pets or children kept safe in the fully fenced backyard. That said, the children will never want to leave as they explore the decked walkway and find the swing and cubby house in the lower part of the garden!

Key features of this stunning home include:
- Great kitchen with stone benchtops
- Amazing views of the river and surrounding areas
- Fully wired speaker system allowing music to be played throughout the home
- Solar hot water
- Reverse Cycle Air-Conditioner x 2
- Ducted Vacuum System
- Flexible floorplan
- Spacious bathroom and laundry
- Quiet location hidden away from the street

Built: 1992
Municipality: West Tamar Council
Zoning: General Residential
School Catchments: Riverside Primary School, Riverside High School

Water Rates: $1,000.00 pa approx.
Council Rates: $2,200.00 pa approx.

Land Size: 860m2 approx.
House size: 163m2 approx.

Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 56 Penrith St, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$650,000
01 Dec 2020
  • 01 Dec 2020
    Sold for $650,000
  • 20 Nov 2020
    Listed for Sale Best Offers Over $569,000
  • 12 Oct 2016
    Sold for $480,000
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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 3,504 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, 181 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.