Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
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 | $620,000 | +11.1% | $299,500 | $1,925,000 | 115 |
| 2023 | $600,700 | -3.2% | $345,000 | $1,900,000 | 104 |
| 2024 | $570,000 | -5.4% | $410,000 | $1,100,000 | 25 |
Median Sale Price
$600K
Based on 98 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
+0.7%
Current Median Price: $600,000
Previous Median Price: $596,000
Based on 204 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
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 | $310 | -4.8% | $170 | $850 | 70 |
| 2015 | $320 | +3.1% | $200 | $1,500 | 103 |
| 2016 | $330 | +3.0% | $140 | $490 | 90 |
| 2017 | $345 | +4.3% | $160 | $700 | 70 |
| 2018 | $355 | +2.8% | $190 | $550 | 76 |
| 2019 | $350 | -1.4% | $195 | $650 | 66 |
| 2020 | $400 | +12.5% | $185 | $550 | 66 |
| 2021 | $450 | +11.1% | $330 | $695 | 79 |
| 2022 | $490 | +8.2% | $220 | $1,440 | 104 |
| 2023 | $470 | -4.3% | $290 | $870 | 108 |
| 2024 | $500 | +6.0% | $300 | $750 | 22 |
Median Rent Price
$480
per week
Based on 97 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
0.0%
Current Median Rent: $480
Previous Median Rent: $480
Based on 202 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $600,000
Current Median rent: $480
Based on 195 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
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 |