Riverside, TAS 7250

Riverside, TAS 7250

Compare Part of West Tamar

164.36 km
Distance from CBD
46 k
Population
Median Sale Price
House
$399K
Updated on Nov 2019
2 BR
$268K
3 BR
$356K
4 BR
$435K
Unit
$325K
Updated on Nov 2019
1 BR
$127K
2 BR
$270K
3 BR
$419K
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
$420,000
+17.6% $240,000 $890,000 100
Median Sale Price
$415K
Based on 107 recorded sales within the last 12 months
Updated on 10 Dec 2019
Suburb Growth
+16.6%
Current Median Price: $415,000
Previous Median Price: $346,150
Based on 248 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2019)
Price Range Segments (12 months ending Nov 2019)
Median Weekly Rent Price
House
$340
Updated on Nov 2019
2 BR
$268
3 BR
$340
4 BR
$460
Unit
$280
Updated on Nov 2019
1 BR
$198
2 BR
$280
3 BR
$388
4 BR
$463
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 $490 90
2017
$335
+1.5% $160 $700 70
2018
$350
+4.3% $190 $550 76
2019
$340
-2.9% $195 $650 62
Median Rent Price
$340
per week
Based on 66 recorded rent within the last 12 months
Updated on 10 Dec 2019
Rent Price Growth
-1.5%
Current Median Rent: $340
Previous Median Rent: $345
Based on 144 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $415,000
Current Median rent: $340
Based on 173 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2019)

Auction Results For Riverside

Houses sold in Last 12 months ends 7 Dec 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