Back 213 West Tamar Road
Off Market

213 West Tamar Road

Riverside TAS 7250

4
2
4
125 m²
1371 m²
House
Last sold for $550,000
Tanya MeneghettiTanya Meneghetti, last sold this property on 29 March 2026 after 26 days on market.

Overview

Dual Living Opportunity

OFFERS CLOSE SATURDAY 7th March at 4.00pm Positioned in sought-after Riverside, just five minutes from Launceston CBD, this versatile property presents an outstanding opportunity for first home buyers and savvy investors alike. Set on a substantial 1,371m² fully fenced block, the offering includes a solid 1961-built three-bedroom home plus a separate one-bedroom unit - ideal for dual living or potential dual income (STCA). With modern updates already completed and further value to unlock, this is a smart buy in a high-demand location. Property Features: • Large 1,371m² fully fenced allotment • Main home built in 1961 • Three bedrooms, one bathroom (house) • New carpet & updated kitchen in main home • Daikin heat pump plus freestanding wood heater • Separate one-bedroom, one-bathroom unit • Updated kitchen & bathroom in unit • Heat pump servicing the unit • Ideal for extended family, teenagers or rental income potential • Town water & Town Sewage • NBN Available • Close to schools, doctors & Riverside shopping amenities • Only 5 minutes to Launceston CBD • Rental Appraisal: House - Approximately $550/week, Unit: Approximately $280/week, Together: $650/week • Rates - $1,800/annum Important: The unit is not currently council approved. The process has commenced for the conversion of this build to an Ancillary Dwelling; however, buyers will need to complete this process with the relevant authorities. Currently costs are estimated at $15,750 to $20,000 and may have some unknown hidden costs along the way. Offering flexibility, space and strong future potential, this property delivers options rarely found in this price bracket. Whether you're looking to step into the market with added income support, accommodate extended family, or invest in a high-growth area, this Riverside opportunity is packed with promise. 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
4 carspaces
2 open car spaces
2 garage spaces
125 m² floor area
1371 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 213 West Tamar Road is $742.5k.

Median value
$742.5k
Estimated value range
$546.5k - $2m
Median days on market
38
Estimated value trend
1%
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 213 West Tamar Road

2026
Sold
$550,000
29 Mar 2026 by Tanya Meneghetti, of Roberts Real Estate Tamar Valley

Happy sellers in Riverside

91%
91% 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 55 reviews in Riverside over the last 12 months.

Local market activity for 4 bedroom houses in Riverside

In the last 12 months, 41 four-bedroom houses similar to 213 West Tamar Road, have been sold.

This represents a 23% increase in four-bedroom houses sales when compared to the previous 12 months.

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