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Riverview, NSW 2066

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Riverview, NSW 2066 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Riverview, NSW 2066”

  1. The total adult population (15 years or older) of Riverview 2066 NSW is 2,457, with a median age of 42. Of those, 61.70% are married, 5.37% are divorced or separated, 29.39% are single and 3.54% are widowed.

    The average household size is 3.2 people per dwelling, and the median household monthly income is estimated to be $19,364. The median monthly mortgage repayment for households in this suburb is $4,333 which is 22.38% of their earnings.

    Source: ABS Census Data (2021)

  2. Riverview, bearing the postal code 2066, is a small suburb located in New South Wales, encompassing roughly 1054 households. As of the third quarter of 2023, the typical property prices for houses in this area has reached the lofty heights of $3,546,532 AUD. Houses in the area fetch a median weekly rental price of $1,466, which translates to an indicative yield of 2.15%.

    The socio-economic status of the Riverview populace can be considered among the upper echelons, evidenced by an IRSAD score of 1196 out of an optimal 1217. Supportive of a more stable community landscape, the locale demonstrates a renter to owner ratio of just 8%. Further supporting this stability, the units to houses ratio is extremely low at 1%, indicating a prevalence of family-owner occupied houses over rental apartments or units.

    However, it’s worth noting that Riverview has a considerably high affordability index for houses standing firmly at 72 years, signifying potential barriers for first home buyers or those with less financial stability.

    The property market shows favourable supply metrics, with the stock on market percentage for houses sitting at 0.29% and an inventory level for houses that indicates a quick turnover at just 0.84 months. New housing stock won’t be saturating the market anytime soon either, with the building approvals ratio for houses at a manageable 0.78%.

    In demand metrics, houses in Riverview are evidently high in demand, with properties spending an average of only 23 days on the market before selling. The vacancy rate, a combined statistic for houses and units in the area, holds at a neutral 3.41%, indicating a balanced mix of supply and demand. Further, a buy search index of 4 speaks of stable, albeit relatively muted buyer interest in the area.

    Though some metrics might seem less favourable, like a low indicative yield and high years-to-own value, monitoring the market trend is key as a majority of the other indicators present a somewhat favourable investment environment. Always remember to use tool such as HtAG Analytics’ RCS to automate and simplify this data analysis process, providing a comprehensive picture of the property market landscape.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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