Investment property in Riverwood has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.11%
Across a shorter period, Riverwood, 2210 has seen a median price increase of 0.00% over the last quarter.
Property buyers and investors in Riverwood 2210 should be seeing an average reduction in asking price of around -7.20% . This means that Riverwood is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $530 mark per week – giving a return of 2.89% based on the median price in Suburb
Riverwood is an average performer in NSW when comparing median price capital growth over the last year. Riverwood gave property investors a good capital gain figure when compared to the rest of the state, with 10.78%.
Taking the average capital gain, or increase in median house value, Riverwood,2210 has racked up an average of 10.78% over the period. This ranks it number 251th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Riverwood is $650000, with sellers offering an average of -4.26% off the asking price.
With the median price for a house in Riverwood being $650000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 3.84%