RateMyAgentGo to search
Back 2 Penrith Street
Off Market

2 Penrith Street

Riverside TAS 7250

4
2
2
186 m²
718 m²
House
Last sold for $686,500
Jess ChristmasJess Christmas, last sold this property on 26 June 2026 after 37 days on market.

Overview

Untapped Potential with River Views

Positioned in the heart of ever-popular Riverside, this substantial family home presents a rare opportunity to secure space, views, and untapped potential in one of the area's most sought-after pockets. Capturing stunning views across the Tamar River, the home offers a flexible 2-level floorplan perfectly suited to growing families, multi-generational living, or those looking to add value through renovation. Upstairs, the main living zone is filled with natural light and showcases the beautiful outlook, while the master suite features a walk-in robe and private ensuite, and a single bedroom - perfect for a study or nursery for added versatility. Downstairs provides further accommodation with 2 additional double bedrooms, a 2nd bathroom, and a generous rumpus complete with kitchenette - ideal for teenagers, hobbies or dual living options. Outside, the leafy garden surrounds the home, offering charm, privacy, and plenty of scope to enhance. A double garage with internal access adds everyday convenience. Set within close proximity to quality schools, sporting facilities, and medical services, this is a location that continues to see strong demand. With solid bones, an adaptable layout, and incredible views, this is an outstanding opportunity to renovate, invest, and create something truly special. 2 Penrith St at a glance: • Substantial family home in the heart of Riverside • Stunning Tamar River views • Exceptional renovation potential • Flexible floorplan with multiple living zones • Double garage with internal access • Character-filled leafy garden • Close to quality schools, sporting and medical facilities Additional information: • Rental estimate: approx $580 per week 'as is' or $650-$700 per week with some updates • Year built: 1977 • Materials: Brick veneer & tile • House: 186sqm • Land: 624sqm • Rates: Approx $1,900pa • Water: Approx $1,100 plus usage • Council: West Tamar "Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate"

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
186 m² floor area
718 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Riverside over the last 12 months, the estimated median property value of 2 Penrith Street is $760k.

Median value
$760k
Estimated value range
$550k - $2m
Median days on market
34
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Riverside. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 Penrith Street

2026
Sold
$686,500
26 Jun 2026 by Jess Christmas, of Roberts Real Estate Launceston

Happy sellers in Riverside

88%
88% of sellers in Riverside reported that their sale price either exceeded or met their price expectations.

Riverside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 53 reviews in Riverside over the last 12 months.

Local market activity for 4 bedroom houses in Riverside

In the last 12 months, 36 four-bedroom houses similar to 2 Penrith Street, have been sold.

This represents a 34% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Riverside

placeholder
Jeremy Wilkinson

Sellers who recommend Jeremy Wilkinson have praised them for being clear communication, local expert, responsive, honest, supportive, reliable and friendly

  •   4.9   (894 reviews)
  •  16 Reviews in Riverside
  •  30 Sales in Riverside
View profile
placeholder
Michael Dearsley

Sellers who recommend Michael Dearsley have praised them for being clear communication, local expert, responsive, friendly, supportive, dedicated and honest

  •   5   (329 reviews)
  •  8 Reviews in Riverside
  •  9 Sales in Riverside
View profile
placeholder
Luke French

Sellers who recommend Luke French have praised them for being clear communication, local expert, great negotiation, honest, dedicated, reliable and friendly

  •   5   (141 reviews)
  •  9 Reviews in Riverside
  •  6 Sales in Riverside
View profile
placeholder
Paul Flanagan

Sellers who recommend Paul Flanagan have praised them for being clear communication, local expert, honest, reliable, friendly, supportive and responsive

  •   4.9   (264 reviews)
  •  4 Reviews in Riverside
  •  6 Sales in Riverside
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap