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Riverwood
AREA REPORTS

Riverwood

Riverwood - 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 $1,070,000.

The upward trend in home prices in RIVERWOOD, 2210 averaged 0.63% per annum over a 3-year period.

Average weekly rents on listings have reached the $512.5 mark, reflecting a 2.49% increase in returns based on the current median price in RIVERWOOD.

An average of 5.42 real estate transactions take place per month in RIVERWOOD which translates to 65 per annum.

65 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 448th in Australia based on median property value growth during the quarter.

Data report can be found below

Riverwood
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,070,000 $582,944
GROWTH REPORT
Median Quarterly 7% -1.2%
Median 12 month 21.59% -1.2%
Median 3 years 1.9% -6.35%
Median 5 years 14.81% -12.86%
10 years average annual 7.75% 3.06%
Weekly media advert. rent $512.5 $450
Time on Market 58.4 days 51.2 days
Gross Rental Yield Percent 2.49% 4.01%
demographics (median values)*
Total Population
30586
Weekly Household Income
1395
Household Size
2.80
Age
41
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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