Median Sale Price
House
$420K
Updated on Dec 2020
2 BR $325K | 3 BR $382K | 4 BR $469K |
Unit
$315K
Updated on Dec 2020
1 BR $167K | 2 BR $290K | 3 BR $426K |
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 | $420,000 | +1.2% | $250,000 | $776,100 | 111 |
| 2021 | $525,000 | +20.0% | $351,000 | $686,000 | 8 |
Median Sale Price
$430K
Based on 112 recorded sales within the last 12 months
Updated on 28 Jan 2021
Suburb Growth
+3.5%
Current Median Price: $430,000
Previous Median Price: $415,000
Based on 223 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$390
Updated on Dec 2020
2 BR $295 | 3 BR $365 | 4 BR $440 |
Unit
$290
Updated on Dec 2020
1 BR $210 | 2 BR $293 | 3 BR $470 |
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 | $395 | +11.4% | $185 | $550 | 66 |
| 2021 | - | - | - | - | - |
Median Rent Price
$395
per week
Based on 59 recorded rent within the last 12 months
Updated on 28 Jan 2021
Rent Price Growth
+11.4%
Current Median Rent: $395
Previous Median Rent: $350
Based on 123 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.8%
Current Median Price: $430,000
Current Median rent: $395
Based on 171 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Riverside
Houses sold in Last 12 months ends 23 Jan 2021
$730K
Median Sale Price
100%
Clearance Rate
4/4
Sold/Reported
$730K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 2 | |
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 |