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Riverside
TAS, 7250 - West Tamar

Thinking about buying in Riverside? Now could not be a better time, with 4013 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $373,000 with prices in this suburb ranging from $11,000 to $9,792,000. The aproximate distance to the coast is 38 Km.

Household Makeup

Median Weekly Rent $329.50
Median Monthly Mortgage $1488.77
Median Persons Per Bedroom 0.77
Average Household Size 2.50
Average Age 41.41
Average Income $797.77
Average Cars Per Dwelling 2.00
Average Properties Within 50M 11

Housing Stock

Average Property Prices

1 Bed  $193,000
2 Bed  $334,000
3 Bed  $349,000
4 Bed  $471,000
5 Bed  $579,000
6 Bed+$399,000

Riverside Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Riverside are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Riverside classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Riverside requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Riverside

Belle Property 30 PENRITH ST, RIVERSIDE, TAS, 7250 Beds5 Bathrooms3 Parking 4 Offers From $1.25m
Belle Property 46 PENRITH ST, RIVERSIDE, TAS, 7250 Beds3 Bathrooms2 Parking 3 Offers Over $785,000
Belle Property 37 ASSISI AV, RIVERSIDE, TAS, 7250 Beds4 Bathrooms3 Parking 4 Offers Over $745,000
Harcourts 14 RIVERVIEW RD, RIVERSIDE, TAS, 7250 Beds3 Bathrooms2 Parking 2 Best Offer Over $589,000
Harcourts 96 PENRITH ST, RIVERSIDE, TAS, 7250 Beds5 Bathrooms2 Parking 2 Best Offer Over $675,000
Harcourts 33 PENRITH ST, RIVERSIDE, TAS, 7250 Beds5 Bathrooms3 Parking 1 $740,000 - $770,000
Harcourts 831 ECCLESTONE RD, RIVERSIDE, TAS, 7250 Beds5 Bathrooms2 Parking 2 Best Offer Over $865,000
Harcourts 1 ELBEN CT, RIVERSIDE, TAS, 7250 Beds Bathrooms $390,000
OneAgency 9 FAR VIEW AV, RIVERSIDE, TAS, 7250 Beds4 Bathrooms3 Parking 2 $980,000
OneAgency 15 COOPER CR, RIVERSIDE, TAS, 7250 Beds5 Bathrooms2 Parking 3 Offers Over $789,000
The Agency 315 WEST TAMAR RD, RIVERSIDE, TAS, 7250 Beds3 Bathrooms1 Parking 5 Offers Over $499,000
The Agency 30 ALLISON AV, RIVERSIDE, TAS, 7250 Beds3 Bathrooms2 Parking 2 Offers Over $1,090,000

Local Schools

Riverside Primary School

Riverside High School

Launceston Christian School

St Anthony's Catholic School

Launceston Church Grammar School

St Finn Barr's Catholic Primary School

Invermay Primary School

Mowbray Heights Primary School

Trevallyn Primary School

(While the above schools are located with the suburb of Riverside there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Riverside weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.812.925.638.787.73.526.0
Feb1.113.025.040.787.93.120.3
Mar1.611.022.845.591.42.815.7
Apr1.27.319.351.294.42.310.9
May2.04.815.958.796.32.27.8
Jun2.73.413.567.197.42.06.2
Jul3.32.812.963.796.52.56.5
Aug2.23.713.955.193.12.78.9
Sept1.96.016.453.394.62.813.2
Oct1.67.318.647.492.53.218.8
Nov2.49.920.946.491.83.223.7
Dec2.111.223.142.590.13.426.8

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

TrevallynBlackstone HeightsLeganaNewnhamInvermayWest LauncestonWestwoodSummerhillLauncestonMayfield

Public Transport


General Points of Interest

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