Riverview

POSTAL CODE: NSW, 2066
HOUSE

RIVERVIEW, 2066 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling RIVERVIEW, 2066 values up and netting property investors a capital gain of 3.89% for the past year.

Investors saw the median home price rise to $4,270,000.

Profits due to an upward trend in home prices in the suburb averaged 9.67% per annum over a 3-year period.

RIVERVIEW now ranks at the 653rd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in RIVERVIEW are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $1295 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In RIVERVIEW, homes and units usually stay on listing for an average of 77.8 days.

In 2016, 43 properties were sold in RIVERVIEW during the past year, making it the 486th most active market in NSW based on total real estate transactions.

Surburb overview

Riverview is a suburb on the Lower North Shore and part of the local government area of the Municipality of Lane Cove. Located 9 kilometres north-west of the Sydney CBD, the suburb is bounded generally by Lane Cove in the north, Longueville in the east, Hunters Hill in the south and Linley Point and Lane Cove West in the west.

The predominantly residential suburb is situated on the northern side of the Lane Cove River, at the head of Tambourine Bay.

ABOUT RIVERVIEW

History

Sydney’s North Shore was originally inhabited by the Birrabirragal, Boregal, Kuringgai, Wallumedegal, Gorualgal and Cammeraygal Aboriginal people.

Between 1794 and 1814, the first European settlement was recorded across the land now known as the local government areas of Hornsby Shire, Ku-ring-gai Council, Municipality of Lane Cove, Mosman Council, City of Willoughby, Municipality of Hunters Hill and North Sydney Council. The LGAs were named after notable European settlers, including Police Constable Samuel Horne, John Lane, Archibald Mossman, Sir James Willoughby Gordon, Captain John Hunter, and 1st Viscount Sydney Thomas Townshend. Only the Ku-ring-gai Council was named after its original inhabitants, the Kuringgai Aboriginal people.

Based on the Cumberland County mapping from 1792 to 1894, four local government areas were derived from the Parish of Willoughby, including the City of Willoughby, Mosman Council, Municipality of Lane Cove and North Sydney, which was formerly known as St Leonards.

Riverview was named as such for its location—in full view of the Lane Cove River, while Tambourine Bay was named after a woman who used to live in a cave on the foreshore.

During the post-war years, the rest of North Shore also saw the most significant development, with population and medium- to high-density housing growing rapidly. Several suburbs stood out as growth centres, including Castle Hill, Cherrybrook, Dural, Gordon, Killara, St Ives, Turramurra, Wahroong, Chatswood, Artarmon, St Leonards and North Sydney, 

The 21st century saw urban consolidation across the region, with multiple infrastructure, transport systems and different types of dwellings built to support the needs of the 400,000-strong population of the entire North Shore area.

Demographics

As of 2016, Riverview is home to 3,354 people. Australia-born citizens represent 75.2 per cent of the local population, with other residents born in England, New Zealand, China, the United States of America and South Africa. About 85.5 per cent of people spoke only English at home, while others speak Mandarin, Cantonese, Italian, Greek and Croatian.

LIFESTYLE

Most of the land across the North Shore region are predominantly residential, with significant rural, commercial, industrial and military use as well as parklands, reserves, waterways, foreshores, beaches and bushlands.

Sydney’s North Shore is known mainly for its elegant neighbourhoods that are sought-after by professionals and families for its prestigious school catchments and easy access to the city centre, major commercial areas and employment hubs through efficient transport systems.

Riverview, along with Greenwich and Longueville, are set amidst foreshore parks and native bushland, boasting some of Sydney’s most expensive neighbourhoods that enjoy water views and immersive natural beauty

The region also boasts multiple well-known landmarks across its local government areas, as well as several multicultural festivals.

Public transport

All local government areas in the North Shore region are serviced by the Pacific Highway. 

Hornsby Shire and Ku-ring-gai Council are served by the Sydney-Newcastle Freeway while the Lane Cove Council is served by the Lane Cove Tunnel, the City of Willoughby served by the Gore Hill Freeway, the North Sydney Council served by the Bardfield Highway and Warringah Freeway and Hornsby Shire served by the Hills (M2) Motorway, and Pennant Hills Road.

Other main transport routes across the region are the Military Road and parts of Ryde Road and Mona Vale Road. 

Tambourine Bay Road acts as the main thoroughfare through Riverview and leads from the Lane Cove shopping district. Meanwhile, RIver Road West runs along the suburb’s northern border and connects to Lane Cove and Gladesville to the west and Longueville, North Sydney and Sydney CBD to the east.

North Shore, Northern & Western Line provides access to the Sydney CBD, while ferries connect harbourside suburbs to Circular Quay and the CBD. Transdev NSW and State Transit Authority provide bus services across Upper North Shore and Lower North Shore, respectively.

State Transit connects Riverview and Sydney CBD through 253 (Freeway) and 254 (Pacific Highway) services.

The upcoming Sydney Metro, which is expected to commence operations in 2019, will run through Chatswood and Crows Nest, linking Sydney’s North West and South West to Sydney City.

Schools and universities

Some of the most notable schools across Sydney’s North Shore are:

  • St Ignatius College Riverview—built in 1880
  • TAFE NSW Northern Sydney Institute (Hornsby College)
  • TAFE NSW Northern Sydney Institute (St Leonards Campus)
  • TAFE NSW Northern Sydney Institute (Bradfield Senior College)
  • Saint Ignatius’ College Riverview
  • The Northern Sydney Institute (McMahons Point Campus)
  • Australian Catholic University (North Sydney - MacKillop Campus)
  • Sydney Church of England Grammar School
  • St Joseph’s College

Hospitals

Among the major hospitals in North Shore are:

  • Sydney Adventist Hospital (The SAN)
  • Lady Davidson Private Hospital
  • Hornsby Ku-ring-gai Hospital
  • HammondCare McMahons Point Hospital
  • Royal North Shore Hospital
  • North Shore Private Hospital
  • The Mater Hospital

Landmarks

Some of the major landmarks across North Shore are:

  • Luna Park
  • Tambourine Bay Gospel Chapel
  • Lane Cve National Park
  • North Sydney Circle Walk
  • Sydney Harbour Bridge
  • Great North Walk
  • Parramatta River Regional Park (Bedlam Bay)
  • The Priory
  • Sydney Harbour National Park
  • HMAS Penguin Naval Base
  • Taronga Zoo
  • Mosman Art Gallery

Shopping centers

Some of the major shopping centres and shopping districts across North Shore are:

  • St Ives Village Shopping Centre
  • Westfield Hornsby Shopping Centre
  • Hornsby Mall
  • Lane Cove Plaza
  • Lane Cove Market Square
  • Chatswood Chase Shopping Centre
  • Westfield Chatswood Shopping Centre
  • Chatswood Central
  • Bridgepoint Shopping Centre

Sports and recreation

North Shore’s residents and visitors enjoy several sports activities, including golf and swimming. The region is home to notable sports centres, such as the North Sydney Olympic Pool and North Sydney Oval.

Other sports centres in Sydney’s North Shore are:

  • Marjorie York Reserve
  • Tambourine Bay Reserve
  • Burns Bay Reserve
  • Asquith Golf Club
  • Pennant Hills Golf Club
  • Thornleigh Brickpit Sports Stadium
  • Hornsby Aquatic and Leisure Centre
  • Galston Aquatic and Leisure Centre
  • Lane Cove Aquatic Centre
  • Lane Cove Golf Course
  • Castlecove Golf Club 
  • Chatswood Golf Club
  • Northbridge Golf Club
  • Mosman Swim Centre
  • Cammeray Golf Course
  • North Sydney Olympic Pool
  • North Sydney Oval



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