Median Sale Price
House
$410K
Updated on Aug 2020
2 BR $302K | 3 BR $370K | 4 BR $445K |
Unit
$385K
Updated on Aug 2020
1 BR $158K | 2 BR $330K | 3 BR $423K |
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 | $415,000 | 0.0% | $245,000 | $730,000 | 79 |
Median Sale Price
$412K
Based on 103 recorded sales within the last 12 months
Updated on 28 Sep 2020
Suburb Growth
+2.9%
Current Median Price: $412,000
Previous Median Price: $400,000
Based on 222 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$360
Updated on Aug 2020
2 BR $323 | 3 BR $350 | 4 BR $440 |
Unit
$300
Updated on Aug 2020
1 BR $200 | 2 BR $293 | 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% | $220 | $550 | 47 |
Median Rent Price
$370
per week
Based on 57 recorded rent within the last 12 months
Updated on 28 Sep 2020
Rent Price Growth
+5.4%
Current Median Rent: $370
Previous Median Rent: $350
Based on 130 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.7%
Current Median Price: $412,000
Current Median rent: $370
Based on 160 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Riverside
Houses sold in Last 12 months ends 26 Sep 2020
$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 |