RIVERSIDE 7250
State: TASPosiProp AI Investment Summary
RIVERSIDE (TAS 7250) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Up 14.2%, with a median house buy price of $713,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$475,000
$620,000
$745,000
$713,000
Suburb Market Profile
Last month Riverside had 27 properties available for rent and 28 properties for sale. Median property prices over the last year range from $713,000 for houses to $507,500 for units. If you are looking for an investment property, consider houses in Riverside rent out for $580 PW with an annual rental yield of 4.6% and units rent for $433 PW with a rental yield of 4.9%. Riverside has seen an annual compound growth rate of 14.2% for houses and -1.5% for units.