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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

Showing 5 of 75 investment properties found in Riverside on realestateinvestar.com.au

46 Rannoch Ave, Riverside

$949,000

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Freedom for Teens, Comfort, views, lifestyle & 5 bedrooms

Discover the perfect blend of space, style, and serenity in this stunning five-bedroom home in Riverside. Designed with modern family living in mind, this gorgeous residence offers an exceptional lifestyle opportunity with room for everyone to unwind. Upstairs, light-filled living areas capture ...

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TAS 7250


2/43 Tamar Rise, Riverside

$729,000

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Modern Home, Fabulous Alfresco

Set within a peaceful and elevated pocket of Riverside, this beautifully presented 2017 home delivers modern comfort, stylish finishes and easy low-maintenance living. Designed with everyday practicality in mind, the spacious open-plan layout flows effortlessly to a fantastic alfresco entertaining ...

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TAS 7250


9 Ridgeview Cres, Riverside

$785,000

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Well-designed family home with a flat and fully fenced yard plus

Set against a stunning backdrop of native bushland and opposite a protected nature reserve, this beautifully designed home offers a rare combination of privacy, practicality and lifestyle. Positioned in one of Riverside's most peaceful pockets, the home delivers spacious living with exceptional ...

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TAS 7250


1/40 Elouera St, Riverside

$325,000

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Low-Maintenance Riverside Unit

Positioned in a quiet and convenient Riverside location, this renovated one-bedroom brick unit offers an easy lifestyle option for first home buyers, downsizers or investors. North facing and private, the home enjoys excellent natural light and a functional layout. With a tenant in place until May ...

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TAS 7250


26 Countryside Ct, Riverside

$1,150,000

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Contemporary Family Living in a Peaceful Riverside Setting

Positioned in a peaceful cul-de-sac within Riverside's tightly held Ecclestone Estate, 26 Countryside Court feels like a home designed for the next chapter. As you arrive, the exposed aggregate driveway guides you to a striking modern residence, where the quiet surrounds and sweeping views across ...

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TAS 7250


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