Suburb Profile Report for Riverstone NSW (2765)

Riverstone House: Median price $809,000, Annual capital growth 9.53%, Number of sales 166, Weekly median advertised rent $470

Riverstone Unit: Median price $660,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 12.44% for the last year, Riverstone, 2765 is the 1265th highest performer in Australia in this respect.

Over the longer term, Riverstone has seen property prices show investors a 43.19% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Riverstone should be aiming for at least -5.85% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $470 and the average annual increase in value of a median property of 9.53%, investors should hope to achieve an overall return of 3.02%

Situated 25.68km from the CBD, Riverstone is one of Blacktown localities in the postcode 2765.

Metrics i HOUSE UNIT
$809,000 $660,000
2.60% 9.55%
12.44% N/A
9.53% N/A
$470 N/A
166 12
3.02% N/A
52.93 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
Find a mortgage broker in Riverstone NSW
Demographics
Total population 6193
Median household income ($/weekly) 1191
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 851 13.7
    25-34 years 876 14.1
    35-44 years 862 13.9
    45-54 years 795 12.8
    55-64 years 724 11.7
    Others 2083 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 2129 47.1
    Not Married 1991 44.1
    Defacto Relationship 397 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5022 85.6
    Netherlands 80 1.4
    Papua New Guinea 97 1.7
    United Kingdom 151 2.6
    Other 89 1.5
    Others 425 7.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 0.5
    Christianity 4651 81.9
    Islam 16 0.3
    Other Religious Groups 45 0.8
    No Religion 931 16.4
    Others 8 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 214 11.4
    $600-$799 190 10.1
    $800-$999 173 9.2
    $1,500-$1,999 279 14.9
    $2,000-$2,499 201 10.7
    Others 815 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1849 40.4
    Not in the labour force 1582 34.5
    Employed, worked part-time 803 17.5
    Employed, away from work 179 3.9
    Unemployed, looking for work 167 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 382 13.5
    Technicians & trades workers 536 18.9
    Clerical & administrative workers 440 15.5
    Machinery operators & drivers 322 11.4
    Labourers 364 12.9
    Others 786 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 126 8.9
    Infants/Primary 541 38.3
    Secondary 417 29.5
    Technical or Further Educational Institution 140 9.9
    University or other Tertiary Institutions 158 11.2
    Others 32 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5616 95.7
    Semi-detached, row or terrace house, townhouse 130 2.2
    Flat, unit or apartment 25 0.4
    Caravan, cabin, houseboat 32 0.5
    House or flat attached to a shop, office 61 1.0
    Others 5 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 726 35.8
    Fully owned 674 33.2
    Rented 612 30.2
    Other tenure type 16 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals