Mount Riverview

POSTAL CODE: NSW, 2774

HOUSE

Property investors enjoyed capital gains of 15.24% over the last 12 months in MOUNT RIVERVIEW, translating to higher returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.39% growth over a ten-year period. It ranks 2403rd on our list of suburbs that property investors should look into.

MOUNT RIVERVIEW, 2774 has a capital gain of 15.24% for the past year, which is higher than average compared to its 45.09% growth within a five-year period.

With the median home price in MOUNT RIVERVIEW sitting at $1,210,000, and the average rent at $717.5, property owners could potentially earn a 3.08% increase in gross rental yield.

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

MOUNT RIVERVIEW, 2774 in NSW belongs to the local government area of Blue Mountains.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,210,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	15.24%	N/A
Median 3 years	27.37%	N/A
Median 5 years	45.09%	N/A
10 years average annual	6.39%	N/A
Weekly media advert. rent	$718	N/A
Time on Market	32 days	N/A
Gross Rental Yield Percent	3.08%	N/A

Demographics (Median Values)*

Total Population 12932

Weekly Household Income 1911

Household Size 2.80

Average Age 40

Monthly Loan Repayment 2058

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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