Median Sale Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
1 BR - | 2 BR - | 3 BR - |
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 | $307,000 | -3.4% | $111,000 | $1,258,000 | 104 |
| 2014 | $282,000 | -8.9% | $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 | $551,000 | +22.0% | $315,000 | $1,265,000 | 100 |
| 2022 | $620,500 | +11.2% | $299,500 | $1,925,000 | 104 |
Median Sale Price
$621K
Based on 115 recorded sales within the last 12 months
Updated on 1 Dec 2022
Suburb Growth
+14.6%
Current Median Price: $620,500
Previous Median Price: $530,000
Based on 214 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
1 BR - | 2 BR - | 3 BR - |
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 | $480 | +6.3% | $220 | $1,440 | 87 |
Median Rent Price
$480
per week
Based on 94 recorded rent within the last 12 months
Updated on 1 Dec 2022
Rent Price Growth
+8.3%
Current Median Rent: $480
Previous Median Rent: $440
Based on 168 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $620,500
Current Median rent: $480
Based on 209 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 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 |