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AREA REPORTS

Riverwood

Suburb Profile

Riverwood - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2210

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $882,500.

The downward trend in home prices in RIVERWOOD, 2210 averaged -5.45% per annum over a 3-year period.

Average weekly rents on listings have reached the $520 mark, reflecting a 3.06% increase in returns based on the current median price in RIVERWOOD.

An average of 5.17 real estate transactions take place per month in RIVERWOOD which translates to 62 per annum.

62 properties were sold in RIVERWOOD in 2016, making it the 242nd most active market in NSW based on total real estate transactions.

RIVERWOOD, 2210 places 802nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $882,500 $580,000
GROWTH REPORT
Median Quarterly 0.4% 0.78%
Median 12 month -1.94% 0%
Median 3 years -16.35% -7.94%
Median 5 years 2.62% 0%
10 years average annual 5.73% 4.07%
Weekly media advert. rent $520 $450
Time on Market 86.8 days 49.5 days
Gross Rental Yield Percent 3.06% 4.03%
demographics (median values)
Total Population
9838
Weekly Household Income
615.7
Household Size
2.40
demographics
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