Median Sale Price
House
$643K
Updated on May 2022
2 BR $485K | 3 BR $555K | 4 BR $703K |
Unit
$447K
Updated on May 2022
1 BR $240K | 2 BR $410K | 3 BR $562K |
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 | 114 |
| 2016 | $319,000 | +2.8% | $103,000 | $1,050,000 | 131 |
| 2017 | $330,000 | +3.3% | $151,000 | $940,000 | 152 |
| 2018 | $345,000 | +4.3% | $99,000 | $940,000 | 144 |
| 2019 | $415,000 | +16.9% | $240,000 | $890,000 | 113 |
| 2020 | $430,000 | +3.5% | $250,000 | $850,000 | 116 |
| 2021 | $550,000 | +21.8% | $315,000 | $1,265,000 | 99 |
| 2022 | $660,000 | +16.7% | $299,500 | $1,002,000 | 56 |
Median Sale Price
$632K
Based on 104 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+27.7%
Current Median Price: $632,000
Previous Median Price: $457,000
Based on 216 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$460
Updated on May 2022
2 BR $400 | 3 BR $455 | 4 BR $550 |
Unit
$353
Updated on May 2022
1 BR $240 | 2 BR $370 | 3 BR $525 | 4 BR $625 |
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 | $320 | +6.3% | $200 | $1,500 | 103 |
| 2016 | $330 | +3.0% | $140 | $490 | 90 |
| 2017 | $345 | +4.3% | $160 | $700 | 70 |
| 2018 | $350 | +1.4% | $190 | $550 | 76 |
| 2019 | $350 | 0.0% | $195 | $650 | 66 |
| 2020 | $400 | +12.5% | $185 | $550 | 66 |
| 2021 | $450 | +11.1% | $330 | $695 | 78 |
| 2022 | $490 | +8.2% | $220 | $800 | 43 |
Median Rent Price
$480
per week
Based on 82 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+12.5%
Current Median Rent: $480
Previous Median Rent: $420
Based on 153 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $632,000
Current Median rent: $480
Based on 186 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
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 |