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Investment Property Riverside, TAS, 7250

Suburb Snapshot

Riverside is a suburb in the West Tamar Region of Tasmania. Riverside has a population of 6,466 people and 21.90% of its occupants live in rental accommodation. The median listing price for houses is $612,000 and this has changed -1.30% over the past year and changed 2.17% over 2 years.

The median rent in Riverside for houses is $490 per week and the median rental yield is 4.16%. Stock on the market for houses/townhouses has changed 10.20% compared to last year and the average time to sell a house/townhouse is 76 days.The median listing price for units is $449,000 and this has changed 13.67% over the past year. The average unit takes 65 days to sell and the median rent for a unit in Riverside is $390 per week, producing a rental yield of 4.51%.

Supply & Demand in Riverside, West Tamar

0.85%

Current vacancy rate


28

Rental stock available


6,466

Population


21.90%

Rental population


0.54%

Current vacancy rate


70

Rental stock available


22,720

Population


16.05%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Riverside, West Tamar

  House Townhouses Units
Median listing price $612,000 NA $449,000
Median price change - last quarter -2.80% NA 6.20%
Median price change - 1 year -1.30% NA 13.67%
Median price change - 2 years 2.17% NA 11.13%
  House Townhouses Units
Median weekly rent $490 NA $390
Median yield % 4.16% NA 4.51%
Median rent change - 1 year 4.25% NA 2.63%
  House Units
Previous month sales 7 3
Stock on market previous month 54 11
Stock variance vs. last year 10.20% 120.00%
Average days on market 76 65

Riverside investment property listings

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