NSW/
Riverview

Suburb Profile

Riverview - FREE SUBURB PROFILE REPORT
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 28% for the past year.

Investors saw the median home price rise to $2,560,000.

Profits due to an upward trend in home prices in the suburb averaged 17.61% per annum over a 3-year period.

RIVERVIEW now ranks at the 45th 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 $1580 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 32.7 days.

In 2016, 34 properties were sold in RIVERVIEW during the past year, making it the 608th most active market in NSW based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,560,000 N/A
GROWTH REPORT
Median Quarterly 14.54% N/A
Median 12 month 28% N/A
Median 3 years 52.84% N/A
Median 5 years 74.74% N/A
10 years average annual 8.72% N/A
Weekly media advert. rent $1580 N/A
Time on Market 32.7 days N/A
Gross Rental Yield Percent 3.21% N/A
demographics (median values)
Total Population
3346
Weekly Household Income
2303
Household Size
3.10
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