72 New Ecclestone Road, Riverside, TAS 7250 | Property Value & History | OnTheHouse
FOR SALE

72 New Ecclestone Road
Riverside TAS 7250

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 293m2
Land area: 28415m2
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Property Details for 72 New Ecclestone Rd, Riverside

72 New Ecclestone Rd, Riverside is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1989. The property has a land size of 28415m2 and floor size of 293m2.This Property is currently listed for sale with Flanagan Residential Pty Ltd - LAUNCESTON

Building Type
House
Year Built
1989
Floor Size
293m2
Land Size
28415m2
Local Government
West Tamar
Lot/Plan
5/17140

Last Listing description (May 2026)

Step into a world of timeless elegance and charm with this magnificent Tudor style estate, set across more than seven acres of captivating bushland. With its classic brick faade, tile roof and romantic architectural character, the home possesses undeniable storybook quality. Built in 1989 and lovingly held by the same family for 35 years, this expansive and much adored home is now ready for its next chapter. Grand in scale yet warm and welcoming, it offers an exceptional opportunity to create a luxury family haven, private retreat or wellness sanctuary.The generous floorplan reveals five spacious bedrooms and three bathrooms, perfectly suited to large families or multi-generational living. A series of formal and informal living zones provide both sophistication and comfort, including an elegant formal lounge, a separate formal dining room for special occasions, a spacious eat-in kitchen at the heart of the home, and a substantial games room complete with custom built bar for effortless entertaining.Adding to the sense of indulgence is the impressive indoor heated swimming pool with adjoining bathroom, offering enjoyment and exciting potential for a private health retreat experience within your own home.Above the double garage, a sun-drenched loft provides an inspiring space ideal for an art studio, creative retreat, guest accommodation or home office.The property spans over seven acres (2.841 hectares) of natural bushland, delivering privacy, space and a deep connection to nature. The bottom boundary meets Cormiston Creek, enhancing the peaceful ambience and providing a beautiful natural backdrop. A full-sized tennis court, currently in need of refurbishment, presents wonderful scope to restore and revitalise.Beyond its appeal as a grand family estate, the property also offers subdivision potential (STCA), with the possibility of creating 5, 5,000m allotments for the keen developer. Whether you envision retaining the residence as a statement home, developing part of the land, or unlocking the sites full potential, the options here are truly exciting.While some maintenance works are required, the homes solid 1989 construction, impressive proportions and extraordinary setting provide an outstanding foundation for enhancement.Romantic, grand and rich in possibility, this is a rare opportunity to secure a landmark lifestyle estate with storybook charm and genuine future potential. So many options await the next visionary owner. Annual West Tamar Council Rates - $4,262.08Annual TasWater Rates - $407.32 + usage (town water only)Annual Envirocycle Service fees - $743.28 (serviced quarterly)Current rental appraisal from Property Wise Launceston $1200.00 per week Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.Property Code: 626

Property History for 72 New Ecclestone Rd, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$320,000
22 Nov 1991
  • 23 Feb 2026
    Listed for Sale Offers Over $1,350,000
  • 22 Nov 1991
    Sold for $320,000
  • 10 Apr 1989
    Sold for $40,000
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About Riverside 7250

The size of Riverside is approximately 55.0 square kilometres. There are 7 parks, covering nearly 2.6% of the 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 30-39 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 3,508 properties. Over the last 5 years, Houses in Riverside have seen a 51.67% increase in median value, while Units have seen a 43.38% increase. As at 31 May 2026:

  • The median value for Houses in Riverside is $784,144 while the median value for Units is $486,721.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 162 properties were sold in the past 12 months in Riverside.

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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.