Median Sale Price
House
$430K
Updated on Feb 2021
2 BR $349K | 3 BR $397K | 4 BR $470K |
Unit
$333K
Updated on Feb 2021
1 BR $167K | 2 BR $310K | 3 BR $421K |
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 | $415,000 | +16.6% | $240,000 | $890,000 | 107 |
| 2020 | $422,000 | +1.7% | $250,000 | $776,100 | 111 |
| 2021 | $470,000 | +10.2% | $351,000 | $1,020,000 | 30 |
Median Sale Price
$455K
Based on 105 recorded sales within the last 12 months
Updated on 23 Apr 2021
Suburb Growth
+9.9%
Current Median Price: $455,000
Previous Median Price: $410,000
Based on 215 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$395
Updated on Mar 2021
2 BR $360 | 3 BR $385 | 4 BR $450 |
Unit
$288
Updated on Mar 2021
1 BR $213 | 2 BR $295 | 3 BR $470 |
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 | 70 |
| 2015 | $310 | +3.2% | $200 | $1,500 | 103 |
| 2016 | $330 | +6.1% | $125 | $490 | 90 |
| 2017 | $335 | +1.5% | $160 | $700 | 70 |
| 2018 | $350 | +4.3% | $190 | $550 | 76 |
| 2019 | $350 | 0.0% | $195 | $650 | 66 |
| 2020 | $395 | +11.4% | $185 | $550 | 66 |
| 2021 | $400 | +1.3% | $350 | $515 | 21 |
Median Rent Price
$400
per week
Based on 60 recorded rent within the last 12 months
Updated on 23 Apr 2021
Rent Price Growth
+10.0%
Current Median Rent: $400
Previous Median Rent: $360
Based on 130 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.6%
Current Median Price: $455,000
Current Median rent: $400
Based on 165 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)
Auction Results For Riverside
Houses sold in Last 12 months ends 17 Apr 2021
$730K
Median Sale Price
100%
Clearance Rate
4/4
Sold/Reported
$730K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 2 | |
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 |