Riverside, TAS 7250

Riverside, TAS 7250

Compare Part of West Tamar

164.36 km
Distance from CBD
46 k
Population
Median Sale Price
House
$367K
Updated on Aug 2019
2 BR
$287K
3 BR
$340K
4 BR
$428K
Unit
$296K
Updated on Aug 2019
1 BR
$127K
2 BR
$248K
3 BR
$363K
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 $890,000 87
Median Sale Price
$400K
Based on 115 recorded sales within the last 12 months
Updated on 19 Oct 2019
Suburb Growth
+15.0%
Current Median Price: $400,000
Previous Median Price: $340,000
Based on 256 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2019)
Price Range Segments (12 months ending Sep 2019)
Median Weekly Rent Price
House
$340
Updated on Sep 2019
2 BR
$268
3 BR
$340
4 BR
$430
Unit
$265
Updated on Sep 2019
1 BR
$198
2 BR
$270
3 BR
$360
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
$340
-2.9% $195 $650 55
Median Rent Price
$340
per week
Based on 70 recorded rent within the last 12 months
Updated on 19 Oct 2019
Rent Price Growth
-2.9%
Current Median Rent: $340
Previous Median Rent: $350
Based on 148 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $400,000
Current Median rent: $340
Based on 185 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2019)

Auction Results For Riverside

Houses sold in Last 12 months ends 12 Oct 2019

$398K

Median Sale Price

100%

Clearance Rate

30/30

Sold/Reported

$890K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M 1
$600 K - $800 K 2
$400 K - $600 K 6
less than $400 K
(Median Price Range)
10

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