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 | |
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 |