Unit 1, 23 BALMORAL AVENUE Riverside TAS 7250
This property is Off Market
- The Average property price in this area is $372,578, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 42.59 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Riverside
With an average age of 50, households expect an average monthly mortgage payment of $1,454 or a weekly rent payment of $380. The average family earns a weekly income of $1,839 with a typical household size of 2.6 and a 96.68% employment rate.
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.
Public Transport
East Tamar
Penny Royal
Tamar River Cruises
General Points of Interest
Trevallyn War Memorial
Grindelwald Public Golf Course
Boags Beer Tour
Penny Royal Windmill
Poppy Garden
Launceston Aquatic
Statue of Venus
Senses Garden Fountain
Water Wheel
Horse Riding Area
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 870 asthma sufferers and 295 people living with diabetes. In addition, 403 people have a heart/vascular condition and 630 people live with three or more chronic diseases.A good place to invest in property?
Riverside a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
56 / 100
41 / 100
Industry
64 / 100
40 / 100
Population
47 / 100
40 / 100
House Prices
74 / 100
65 / 100
Jobs
63 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsRiverside Primary School
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St Finn Barr's Catholic Primary School
Invermay, TAS, 7248 Independent Prep-6 -
Riverside Primary School
Riverside, TAS, 7250 State K-6 -
Launceston Church Grammar School
Mowbray, TAS, 7248 Independent Prep-12 -
Launceston Big Picture School
Invermay, TAS, 7248 State 9-12 -
Launceston Christian School
Riverside, TAS, 7250 Independent Prep-12 -
Trevallyn Primary School
Trevallyn, TAS, 7250 State K-6 -
Invermay Primary School
Invermay, TAS, 7248 State K-6 -
St Anthony's Catholic School
Riverside, TAS, 7250 Independent Prep-6 -
Mowbray Heights Primary School
Mowbray, TAS, 7248 State K-6
Property Story
Unit 1, 23 Balmoral Avenue, Riverside, Tas, 7250 is a residential property with 3 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $525,000 while properties of this type typically sell for between $400,000 and $905,000 in this suburb. The estimated distance to the sea is 42.59km and 0.3KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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