Median Sale Price
House
$352K
Updated on May 2019
2 BR $277K | 3 BR $333K | 4 BR $424K |
Unit
$324K
Updated on May 2019
1 BR $135K | 2 BR $240K | 3 BR $365K |
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 | $305,000 | -4.1% | $111,000 | $1,258,000 | 104 |
| 2014 | $282,000 | -8.2% | $70,000 | $915,000 | 91 |
| 2015 | $310,000 | +9.0% | $170,000 | $850,000 | 112 |
| 2016 | $320,000 | +3.1% | $103,000 | $1,050,000 | 122 |
| 2017 | $330,000 | +3.0% | $151,000 | $940,000 | 147 |
| 2018 | $346,150 | +4.7% | $99,000 | $940,000 | 137 |
| 2019 | $425,000 | +18.6% | $240,000 | $865,000 | 58 |
Median Sale Price
$371K
Based on 119 recorded sales within the last 12 months
Updated on 19 Jul 2019
Suburb Growth
+8.6%
Current Median Price: $371,000
Previous Median Price: $339,000
Based on 267 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2019)
Price Range Segments (12 months ending Jun 2019)
Median Weekly Rent Price
House
$340
Updated on Jun 2019
2 BR $274 | 3 BR $330 | 4 BR $420 |
Unit
$260
Updated on Jun 2019
1 BR $185 | 2 BR $265 | 3 BR $378 | 4 BR $475 |
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 | $300 | -8.3% | $170 | $850 | 69 |
| 2015 | $310 | +3.2% | $200 | $1,500 | 103 |
| 2016 | $330 | +6.1% | $125 | $450 | 90 |
| 2017 | $335 | +1.5% | $160 | $700 | 70 |
| 2018 | $350 | +4.3% | $190 | $550 | 76 |
| 2019 | $350 | 0.0% | $195 | $550 | 30 |
Median Rent Price
$355
per week
Based on 67 recorded rent within the last 12 months
Updated on 19 Jul 2019
Rent Price Growth
+4.2%
Current Median Rent: $355
Previous Median Rent: $340
Based on 138 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5%
Current Median Price: $371,000
Current Median rent: $355
Based on 186 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2019)
Auction Results For Riverside
Houses sold in Last 12 months ends 13 Jul 2019
$425K
Median Sale Price
96%
Clearance Rate
20/21
Sold/Reported
$714K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K | 1 | |
| $400 K - $600 K (Median Price Range) | 6 | |
| less than $400 K | 5 | |
Similar Suburbs to Riverside 7250
Based on median house sale price sold in last 12 months
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 |