NSW has seen average median house prices change by -4.28% which means that Riverwood, 2210 has not done well for property investors by showing a capital gain of -15.71% over the last year
Over the longer term, Riverwood has seen property prices show investors a -5.85% return over the last 3 years. This is worse than over the last 12 months
Riverwood, 2210 is offering NSW ‘s 409th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
In the last year 46 properties changed hands in Riverwood, which puts it as the 558th most active market in NSW when comparing the number of sales per suburb.
Riverwood, 2210’s gross rental yield is 3.28%
At number 1141th in the list of Australian suburbs ordered by increase in median house value over the last year, Riverwood, 2210 is in the BOTTOM 30% with a property value increase of -8.56% recorded in median house prices.
The five-year average increase in median property values for Riverwood,2210 has given property investors a potential capital gain of 8.44% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Riverwood is offering property investors an average of -6.91. This rate of discount on properties puts Suburb at number 289th in terms of most discounted suburbs in NSW
Situated 16.87km from the CBD, Riverwood is one of Canterbury-Bankstown (A) localities in the postcode 2210.