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 4.3% and has experienced a 12-month capital growth of Up 12.4%, with a median house buy price of $730,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$555,500
$673,000
$777,500
$730,500
Suburb Market Profile
Last month Riverside had 27 properties available for rent and 26 properties for sale. Median property prices over the last year range from $730,500 for houses to $555,000 for units. If you are looking for an investment property, consider houses in Riverside rent out for $600 PW with an annual rental yield of 4.3% and units rent for $460 PW with a rental yield of 5.0%. Riverside has seen an annual compound growth rate of 12.4% for houses and 11.0% for units.
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