Median Sale Price
House
$400K
Updated on Mar 2020
2 BR $302K | 3 BR $365K | 4 BR $435K |
Unit
$388K
Updated on Mar 2020
1 BR $140K | 2 BR $320K | 3 BR $440K |
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 | $400,000 | -3.8% | $245,000 | $645,100 | 44 |
Median Sale Price
$415K
Based on 110 recorded sales within the last 12 months
Updated on 29 May 2020
Suburb Growth
+12.0%
Current Median Price: $415,000
Previous Median Price: $365,000
Based on 235 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$350
Updated on Apr 2020
2 BR $275 | 3 BR $350 | 4 BR $438 |
Unit
$285
Updated on Apr 2020
1 BR $200 | 2 BR $280 | 3 BR $470 | 4 BR $473 |
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 | $350 | 0.0% | $195 | $650 | 66 |
| 2020 | $390 | +10.3% | $230 | $550 | 27 |
Median Rent Price
$360
per week
Based on 65 recorded rent within the last 12 months
Updated on 29 May 2020
Rent Price Growth
0.0%
Current Median Rent: $360
Previous Median Rent: $360
Based on 139 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $415,000
Current Median rent: $360
Based on 175 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)
Auction Results For Riverside
Houses sold in Last 12 months ends 23 May 2020
$398K
Median Sale Price
100%
Clearance Rate
22/22
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 | 4 | |
| less than $400 K (Median Price Range) | 8 | |
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 |