Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $300,000 | 0.0% | $10,000 | $3,325,000 | 96 |
| 2010 | $285,000 | -5.3% | $200,000 | $649,000 | 87 |
| 2011 | $285,000 | 0.0% | $165,000 | $650,000 | 76 |
| 2012 | $317,500 | +10.2% | $176,000 | $675,000 | 97 |
| 2013 | $307,000 | -3.4% | $111,000 | $1,258,000 | 104 |
| 2014 | $285,000 | -7.7% | $162,500 | $915,000 | 91 |
| 2015 | $310,000 | +8.1% | $170,000 | $850,000 | 114 |
| 2016 | $319,000 | +2.8% | $103,000 | $1,050,000 | 131 |
| 2017 | $330,000 | +3.3% | $151,000 | $940,000 | 152 |
| 2018 | $345,000 | +4.3% | $99,000 | $940,000 | 144 |
| 2019 | $415,000 | +16.9% | $240,000 | $890,000 | 113 |
| 2020 | $430,000 | +3.5% | $250,000 | $850,000 | 116 |
| 2021 | $551,000 | +22.0% | $315,000 | $1,265,000 | 100 |
| 2022 | $620,000 | +11.1% | $299,500 | $1,925,000 | 115 |
| 2023 | $600,700 | -3.2% | $345,000 | $1,900,000 | 104 |
| 2024 | $605,000 | +0.7% | $393,000 | $1,275,000 | 88 |
Median Sale Price
$605K
Based on 104 recorded sales within the last 12 months
Updated on 10 Nov 2024
Suburb Growth
+0.8%
Current Median Price: $605,000
Previous Median Price: $600,000
Based on 206 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $260 | 0.0% | $260 | $260 | 1 |
| 2012 | $340 | +23.5% | $340 | $340 | 1 |
| 2013 | $325 | -4.6% | $260 | $450 | 3 |
| 2014 | $310 | -4.8% | $170 | $850 | 70 |
| 2015 | $320 | +3.1% | $200 | $1,500 | 103 |
| 2016 | $330 | +3.0% | $140 | $490 | 90 |
| 2017 | $345 | +4.3% | $160 | $700 | 70 |
| 2018 | $355 | +2.8% | $190 | $550 | 76 |
| 2019 | $350 | -1.4% | $195 | $650 | 66 |
| 2020 | $400 | +12.5% | $185 | $550 | 66 |
| 2021 | $450 | +11.1% | $330 | $695 | 79 |
| 2022 | $490 | +8.2% | $220 | $1,440 | 104 |
| 2023 | $470 | -4.3% | $290 | $870 | 109 |
| 2024 | $500 | +6.0% | $240 | $850 | 80 |
Median Rent Price
$500
per week
Based on 87 recorded rent within the last 12 months
Updated on 10 Nov 2024
Rent Price Growth
+6.0%
Current Median Rent: $500
Previous Median Rent: $470
Based on 204 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $605,000
Current Median rent: $500
Based on 191 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Schools closest to Riverside, TAS 7250
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Riverside Primary School | CLEGHORN AVENUERiverside 7250 | Primary | Government | 0.18 km |
| Riverside High SchoolTop 20 | 354 WEST TAMAR ROADRiverside 7250 | Secondary | Government | 0.45 km |
| St Anthony's Catholic School | 382A WEST TAMAR RDRiverside 7250 | Primary | Catholic | 0.76 km |
| Launceston Christian SchoolTop 20 | 452A WEST TAMAR RDLaunceston 7250 | Combined | Independent | 1.53 km |