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2 Stephensdale Drive, Riverside$325,000
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2 Stephensdale Drive

Riverside, TAS 7250, Australia
$325,000
5072 m²

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About this property

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 one allotment measuring approximately 6083m2, and the other 5076m2, the sites provide generous space, breathtaking outlooks and the freedom to realise a remarkable future home. Both blocks enjoy 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. These two expansive blocks present 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.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
5072 m²
Listed
3 months ago

Repayment calculator

$1,576/month
$788 /fortnight
Loan $260,000 at 6.10% over 30 years

Upfront costs

Deposit$65,000
Stamp duty$10,935
Conveyancing (est.)$2,000
Total upfront$77,935
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Riverside

This land in Riverside, TAS 7250 sits within reach of public transport, local shops and nearby schools. It is listed 52% below the $675,000 median of 65 comparable landswithin 5 km.

Schools near Riverside

  • Launceston Christian Schoolcombined · Prep-12 · CoEd
  • Riverside Primary Schoolprimary · K-6 · CoEd
  • St Anthony's Catholic Schoolprimary · Prep-6 · CoEd
  • Riverside High Schoolsecondary · 7-11 · CoEd

What's nearby

  • Penrith St before Edzell Ct (bus)1.0 km away
  • Unnamed1.5 km away
  • Unnamed1.1 km away
  • Camina Court Reserve1.1 km away
  • Unnamed1.3 km away

Riverside at a glance

Full suburb profile
Population
7,326
Median age
40
Household income
$1,519/wk
Median rent
$300/wk
Median mortgage
$1,440/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Riverside price trend

Median sold · House 3 bed

Compound growth +3.1% / yr over 4 yrs

$658kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

Listing price changes

1 price change recorded for this property

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