Suburb Profile Report for Riverwood NSW (2210)

Riverwood House: Median price $1,049,000, Annual capital growth 9.56%, Number of sales 90, Weekly median advertised rent $550

Riverwood Unit: Median price $633,500, Annual capital growth 6.76%, Number of sales 76, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Riverwood has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.84%

Riverwood,2210 was ranked 1400 in Australia by increase in median property value over the quarter.

At number 506th of NSW’s most discounted properties, Riverwood is in the middle of the state/territory when listing in order of most discounted to least.

Residents and property investors in Riverwood have been waiting around 71.91 days to sell a property.

NSW has seen average median house prices change by 6.07% which means that Riverwood, 2210 has done well for property investors by showing a capital gain of -0.82% over the last year

Across a shorter period, Riverwood, 2210 has seen a median price increase of 0.56% over the last quarter.

Our latest figures would indicate that property sellers in Riverwood are currently offering property investors an average price cut of -4.66% below the asking price at the moment.

The NSW suburb of Riverwood, 2210 is in the Canterbury local government area.

Metrics i HOUSE UNIT
$1,049,000 $633,500
2.84% 0.56%
9.84% -0.82%
9.56% 6.76%
$550 $480
90 76
2.73% 3.94%
71.91 76.36

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 10225
Median household income ($/weekly) 826
Median age of persons 40
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1137 11.1
    25-34 years 1370 13.4
    35-44 years 1329 13.0
    45-54 years 1492 14.6
    55-64 years 1275 12.5
    Others 3622 35.4
    Age Group
    Census Count Percent(%)
    Not Married 3840 49.8
    Registered Married 3536 45.8
    Defacto Relationship 339 4.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4505 48.5
    Croatia 1373 14.8
    India 272 2.9
    Malaysia 354 3.8
    Other 654 7.0
    Others 2128 22.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 694 7.6
    Christianity 5491 60.0
    Hinduism 123 1.3
    Islam 921 10.1
    No Religion 1866 20.4
    Others 50 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 303 9.1
    $300-$399 399 11.9
    $400-$599 417 12.5
    $600-$799 349 10.4
    $1,500-$1,999 317 9.5
    Others 1562 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3513 46.0
    Employed, worked full-time 2481 32.5
    Employed, worked part-time 1092 14.3
    Unemployed, looking for work 355 4.6
    Employed, away from work 202 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 707 18.7
    Technicians & trades workers 541 14.3
    Community & personal service workers 376 10.0
    Clerical & administrative workers 669 17.7
    Labourers 417 11.0
    Others 1066 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 158 7.2
    Infants/Primary 645 29.6
    Secondary 601 27.6
    Technical or Further Educational Institution 251 11.5
    University or other Tertiary Institutions 445 20.4
    Others 81 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5248 55.1
    Flat, unit or apartment 3163 33.2
    Semi-detached, row or terrace house, townhouse 1039 10.9
    House or flat attached to a shop, office 67 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1789 49.0
    Being purchased 959 26.3
    Fully owned 859 23.5
    Other tenure type 46 1.3
    Tenure Type
Census 2011, ABS
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