Riverwood

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 $1,510,000.

The upward trend in home prices in RIVERWOOD, 2210 averaged 8.61% per annum over a 3-year period.

Average weekly rents on listings have reached the $750 mark, reflecting a 2.58% increase in returns based on the current median price in RIVERWOOD.

An average of 6.58 real estate transactions take place per month in RIVERWOOD which translates to 79 per annum.

79 properties were sold in RIVERWOOD in 2016, making it the 116th most active market in NSW based on total real estate transactions.

RIVERWOOD, 2210 places 140th in Australia based on median property value growth during the quarter.

Surburb overview

Riverwood lies approximately 19 km south-west of the Sydney central business district, with the railway station located about 17.5 km from Central Station by train.

The suburb recorded a population of 12,793 at the 2021 census, with a median age of 40 years and an almost even gender split of 49.8 per cent male and 50.2 per cent female.

Indigenous residents accounted for around 0.8 per cent of the population, while the household average was about 2.5 people across 5,482 private dwellings.

Approximately 38.8 per cent of residents were born in Australia, with significant overseas birthplaces including Mainland China (18.3 per cent), the Philippines (3.0 per cent), Lebanon (2.8 per cent) and Vietnam (2.8 per cent).

English alone was spoken at home by 31.3 per cent, with other languages including Mandarin, Cantonese, Arabic, Vietnamese and Indonesian.

Religious affiliations most commonly recorded were No Religion (30.3 per cent), Catholic (19.6 per cent) and Islam (10.7 per cent).

Public transport access is anchored by Riverwood railway station on the East Hills line, with T8 Airport & South Line trains offering a commute to the city in approximately 35 minutes.

A network of bus routes—including 940, 942, 944 and 945—and a NightRide route (N20) supplement train access.

The M5 South Western Motorway passes through the suburb, offering arterial road access in both directions.

Essential amenities include the Riverwood Library, Riverwood Community Centre, Club Rivers, the indoor Morris Iemma Sports Centre and a local skate park.

Housing is a mix of environmental, medium-density and low-density residential zones, featuring numerous units and walk-up flats alongside separate houses.

Median monthly mortgage repayments sit around $2,167, while median weekly rental costs are about $300, with median household weekly income near $1,210.

Riverwood covers approximately 3.8 square kilometres and offers around 22 parks, which constitute nearly 24 per cent of the suburb as green space.

You’re out of free articles for this month
Loading form...