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Riverview
AREA REPORTS

Riverview

Riverview - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4303

house

A steady increase in median property prices over a five-year period in the suburb translates to a 9.3% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $258,500

The augmented property values in the suburb are trailing behind the territorial average of 11.8% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $295.

Home owners selling their properties and realtors in RIVERVIEW usually have to wait an average of 73.2 days days before their assets are lifted off the market.

The QLD suburb ranks 117th on the list of best yielding suburbs for rental properties in QLD, posting a 5.93% return.

It also places places 570th in Australia based on median property value growth during the quarter.

Data report can be found below

Riverview
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $258,500 N/A
GROWTH REPORT
Median Quarterly 3.4% N/A
Median 12 month 9.53% N/A
Median 3 years 9.3% N/A
Median 5 years 7.71% N/A
10 years average annual 1.27% N/A
Weekly media advert. rent $295 N/A
Time on Market 73.2 days N/A
Gross Rental Yield Percent 5.93% N/A
demographics (median values)*
Total Population
3338
Weekly Household Income
733.3
Household Size
3.00
Age
33
Monthly Loan Repayment
867
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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