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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 $620,000 and this has changed 4.20% over the past year and changed 7.82% over 2 years.

The median rent in Riverside for houses is $470 per week and the median rental yield is 3.94%. Stock on the market for houses/townhouses has changed -14.75% compared to last year and the average time to sell a house/townhouse is 94 days.The median listing price for units is $397,000 and this has changed -1.74% over the past year. The average unit takes 82 days to sell and the median rent for a unit in Riverside is $375 per week, producing a rental yield of 4.91%.

Supply & Demand in Riverside, West Tamar

1.04%

Current vacancy rate


34

Rental stock available


6,466

Population


21.90%

Rental population


0.61%

Current vacancy rate


78

Rental stock available


22,720

Population


16.05%

Rental population


0.71%

Current vacancy rate


1,941

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 $620,000 NA $397,000
Median price change - last quarter 3.50% NA -3.18%
Median price change - 1 year 4.20% NA -1.74%
Median price change - 2 years 7.82% NA 16.76%
  House Townhouses Units
Median weekly rent $470 NA $375
Median yield % 3.94% NA 4.91%
Median rent change - 1 year 0.00% NA 1.35%
  House Units
Previous month sales 0 0
Stock on market previous month 52 5
Stock variance vs. last year -14.75% -28.57%
Average days on market 94 82

Riverside investment property listings

Showing 5 of 54 investment properties found in Riverside on realestateinvestar.com.au

6/85 Riverside Dr, Riverside

$569,000

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Fantastic views of the River extremely close to town

New to the market in the very popular suburb of Riverside, this two bedroom, two bathroom unit would be perfect for a couple looking to downsize, or for people looking to get their first foot in to the property market. With stunning views of the Tamar looking down towards Tamar Island that can be ...

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Unit

TAS 7250


3 Benson Ct, Riverside

$629,000

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Convenience With A Modern Twist

Nestled on the town end of Riverside, this well presented property offers a perfect blend of modern style and convenience. Boasting a spacious 726 sqm fully landscaped, flat block, this home provides ample space for relaxation, entertainment and all your valuable assets. Let's take a closer look ...

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House

TAS 7250


2/2 Kestrel Ct, Riverside

$350,000

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Charming Unit with Convenience

Located in the heart of Riverside, this charming property at 2/2 Kestrel Court offers an ideal blend of comfort, convenience, and easy living. Boasting a two bedroom layout with two seperate living areas, this home presents a cozy haven with a range of sought-after features tailored for ...

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Unit

TAS 7250


30 Penrith St, Riverside

$1,250,000

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Contemporary Elegance: A Visionary Modern Architectural Masterpi

OPEN HOME - Saturday April 20th 12:30PM - 1:00PM This stunning new home showcases modern architecture, boasting an impressive design and construction. Its unique, one-of-a-kind style adds to its attractiveness, making it stand out in the architectural landscape. The beautiful design emphasizes ...

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House

TAS 7250


2/63 Pitt Ave, Riverside

$405,000

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Tidy Single Levelled Unit

Nestled within a private complex comprising only four units, this tastefully renovated residence presents a delightful blend of comfort and privacy. Offering two well-proportioned bedrooms, the primary bedroom offers courtyard views and comes complete with a convenient built-in wardrobe. The ...

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TAS 7250


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