Back 3/2 Stephensdale Drive
Off Market

3/2 Stephensdale Drive

Riverside TAS 7250

6083 m²
Land
Last sold for $333,000
George BushbyGeorge Bushby, last sold this property on 05 February 2026 after -42 days on market.

Overview

Expansive Blocks Offering Panoramic Views

Elevated above the leafy suburb of Riverside, two exceptional parcels of land offer a rare opportunity to secure an elevated lifestyle within one of Launceston's most desirable family communities. With the allotment measuring approximately 6083m2 the site provides generous space, breathtaking outlooks and the freedom to realise a remarkable future home. The block enjoys sweeping views across the Tamar River, capturing the ever-changing beauty of the valley and surrounding landscape. The elevated position enhances privacy and tranquillity, while also creating an inspiring canvas for a wide range of architectural possibilities. Whether imagining a contemporary residence of grand proportions, a sustainable retreat nestled into the hillside, or an expansive family sanctuary with room for gardens, recreation areas and additional structures, the potential here is extraordinary. The land has been thoughtfully prepared with areas already cleared and an existing cross over in place, making the next stages of planning and construction considerably easier. Each block feels open and sun-filled yet still connected to the natural landscape. Riverside is a long-established and highly regarded suburb, set along the western banks of the river, known for scenic beauty, community warmth and everyday convenience. Families will enjoy the close proximity to respected schools, including Riverside Primary School and Riverside High School, parks, walking tracks, sporting facilities and shopping amenities. Despite its sense of space and serenity, the location remains only a short drive from Launceston's CBD, placing restaurants, entertainment, hospitals and major services within easy reach. The expansive block presents an unparalleled chance to create a bespoke lifestyle in a thriving, family-friendly neighbourhood, offering a balance of rural atmosphere and urban convenience in Riverside.

Features

6083 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Riverside over the last 12 months, the estimated median property value of 3/2 Stephensdale Drive is $305k.

Median value
$305k
Estimated value range
$191k - $565k
Median days on market
91
Estimated value trend
20%
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 3/2 Stephensdale Drive

2026
Sold
$333,000
05 Feb 2026 by George Bushby, of Bushby Creese

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 land plots in Riverside

In the last 12 months, 8 land plots similar to 3/2 Stephensdale Drive, have been sold.

This represents a 28% decrease in land plots sales when compared to the previous 12 months.

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