Suburb Profile Report for Mount Riverview NSW (2774)

Mount Riverview House: Median price $690,500, Annual capital growth 5.85%, Number of sales 46, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Mount Riverview, 2774 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 21.03%.

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Riverview comes in at number 491th in NSW.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Mount Riverview itself are offering an average vendor discount of -4.09% to real estate investors.

Advertised rents are around the $480 mark per week – giving a return of 3.61% based on the median price in Suburb

Metrics i HOUSE UNIT
$690,500 N/A
1.32% N/A
21.03% N/A
5.85% N/A
$480 N/A
46 N/A
3.61% N/A
43.37 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 2967
Median household income ($/weekly) 1720
Median age of persons 41
Median housing loan repayment ($/monthly) 2058
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 379 12.8
    25-34 years 319 10.8
    35-44 years 392 13.2
    45-54 years 424 14.3
    55-64 years 480 16.2
    Others 973 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 1317 58.9
    Not Married 729 32.6
    Defacto Relationship 190 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2357 83.0
    Greece 30 1.1
    New Zealand 29 1.0
    United Kingdom 207 7.3
    Other 57 2.0
    Others 159 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 0.7
    Christianity 2070 75.5
    Judaism 8 0.3
    Other Religious Groups 16 0.6
    No Religion 624 22.8
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 83 9.0
    $1,500-$1,999 134 14.5
    $2,000-$2,499 103 11.2
    $2,500-$2,999 97 10.5
    $3,000-$3,499 81 8.8
    Others 423 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 983 42.4
    Not in the labour force 719 31.0
    Employed, worked part-time 477 20.6
    Employed, away from work 85 3.7
    Unemployed, looking for work 55 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 204 13.2
    Professionals 446 28.8
    Technicians & trades workers 205 13.3
    Community & personal service workers 133 8.6
    Clerical & administrative workers 265 17.1
    Others 294 19.0
    Occupation
    Census Count Percent(%)
    Pre-school 63 8.9
    Infants/Primary 235 33.1
    Secondary 189 26.6
    Technical or Further Educational Institution 70 9.9
    University or other Tertiary Institutions 136 19.2
    Others 17 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2801 99.4
    Semi-detached, row or terrace house, townhouse 13 0.5
    Flat, unit or apartment 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 489 48.1
    Fully owned 426 41.9
    Rented 101 9.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals