Suburb Profile Report for Riverwood NSW (2210)

Riverwood House: Median price $1,090,000, Annual capital growth 9.93%, Number of sales 85, Weekly median advertised rent $550

Riverwood Unit: Median price $630,000, Annual capital growth 7.15%, Number of sales 82, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1276th in the list of Australian suburbs ordered by increase in median house value over the last year, Riverwood, 2210 is in the top 40% with a property value increase of 11.51% recorded in median house prices.

Over the longer term, Riverwood has seen property prices show investors a 48.30% return over the last 3 years. This is worse than over the last 12 months

Riverwood, 2210 is offering NSW ‘s 736th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.62%, without taking into account capital value appreciation, which has been averaging out at 9.93%.

Property value increases in Riverwood have tracked lower than the NSW average of 8.01% over the last 12 months.

The five-year average increase in median property values for Riverwood,2210 has given property investors a potential capital gain of 39.07% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Riverwood is offering property investors an average of -4.12. This rate of discount on properties puts Suburb at number 43th in terms of most discounted suburbs in NSW

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

Metrics i HOUSE UNIT
$1,090,000 $630,000
3.86% -0.79%
11.51% -4.55%
9.93% 7.15%
$550 $480
85 82
2.62% 3.96%
68.58 68.69

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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