Suburb Profile Report for Riverview NSW (2066)

Riverview House: Median price $2,000,000, Annual capital growth 7.53%, Number of sales 45, Weekly median advertised rent $1,000

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

At number 2327th in the list of Australian suburbs ordered by increase in median house value over the last year, Riverview, 2066 is in the BOTTOM 50% with a property value increase of 3.36% recorded in median house prices.

The five-year average increase in median property values for Riverview,2066 has given property investors a potential capital gain of 37.93% across each of those five years.

Property buyers and investors in Riverview 2066 should be seeing an average reduction in asking price of around -1.28% . This means that Riverview is holding prices well when compared to other suburbs in NSW.

Using the current median advertised rental of $1000 and the average annual increase in value of a median property of 7.53%, investors should hope to achieve an overall return of 2.60%

HOUSE UNIT
$2,000,000 N/A
0.00% N/A
3.36% N/A
7.53% N/A
$1,000 N/A
45 N/A
2.60% N/A
50 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 3154
Median household income ($/weekly) 2702
Median age of persons 39
Median housing loan repayment ($/monthly) 3792
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 553 17.5
    15-19 years 342 10.8
    35-44 years 437 13.9
    45-54 years 544 17.2
    55-64 years 356 11.3
    Others 922 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 1385 63.5
    Not Married 733 33.6
    Defacto Relationship 64 2.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2393 77.4
    Papua New Guinea 71 2.3
    South Africa 46 1.5
    United Kingdom 184 6.0
    Other 97 3.1
    Others 300 9.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 1.1
    Christianity 2308 77.7
    Hinduism 24 0.8
    Judaism 61 2.1
    No Religion 528 17.8
    Others 17 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 82 9.8
    $2,500-$2,999 141 16.9
    $3,000-$3,499 96 11.5
    $3,500 -$3,999 69 8.3
    $4,000 or more 169 20.3
    Others 277 33.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 879 37.2
    Not in the labour force 813 34.4
    Employed, worked part-time 549 23.2
    Employed, away from work 72 3.0
    Unemployed, looking for work 49 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 304 20.3
    Professionals 632 42.2
    Community & personal service workers 105 7.0
    Clerical & administrative workers 208 13.9
    Sales 121 8.1
    Others 128 8.5
    Occupation
    Census Count Percent(%)
    Pre-school 67 6.0
    Infants/Primary 372 33.5
    Secondary 416 37.5
    Technical or Further Educational Institution 32 2.9
    University or other Tertiary Institutions 210 18.9
    Others 13 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2800 98.6
    Semi-detached, row or terrace house, townhouse 28 1.0
    Flat, unit or apartment 12 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 444 47.4
    Being purchased 363 38.7
    Rented 124 13.2
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals