Thinking about buying in Riverwood? Now could not be a better time, with 7789 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,105,000 with prices in this suburb ranging from $17,000 to $8,848,000. Riverwood is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $408.53 |
Median Monthly Mortgage | $2046.00 |
Median Persons Per Bedroom | 1.04 |
Average Household Size | 2.74 |
Average Age | 38.68 |
Average Income | $691.37 |
Average Cars Per Dwelling | 1.36 |
Average Properties Within 50M | 71 |
1 Bed  $668,000 |
2 Bed  $942,000 |
3 Bed  $1,439,000 |
4 Bed  $1,580,000 |
5 Bed  $1,974,000 |
6 Bed+$2,202,000 |
In Riverwood there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Riverwood is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Riverwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Riverwood we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Riverwood a better buying opportunity than it may have been in the past.
Riverwood Public School
Hannans Road Public School
St Joseph's Catholic Primary School
Southside Montessori School
Peakhurst Public School
Narwee Public School
Peakhurst West Public School
Punchbowl Public School
Padstow North Public School
Beverly Hills North Public School
(While the above schools are located with the suburb of Riverwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.4 | 20.3 | 28.5 | 50.9 | 88.3 | 6.2 | 23.1 |
Feb | 4.1 | 20.2 | 27.5 | 52.7 | 87.8 | 6.0 | 20.1 |
Mar | 4.9 | 18.8 | 26.4 | 51.4 | 87.4 | 5.6 | 16.5 |
Apr | 3.5 | 15.6 | 23.9 | 49.4 | 86.9 | 5.0 | 14.0 |
May | 2.1 | 12.0 | 21.1 | 45.5 | 83.2 | 5.1 | 11.4 |
Jun | 4.1 | 10.0 | 18.3 | 50.8 | 86.1 | 5.2 | 9.2 |
Jul | 2.1 | 8.9 | 18.6 | 41.8 | 80.8 | 5.2 | 10.5 |
Aug | 2.0 | 9.4 | 19.6 | 36.8 | 78.1 | 5.7 | 13.2 |
Sept | 1.5 | 12.3 | 22.4 | 36.8 | 81.2 | 5.8 | 17.5 |
Oct | 2.0 | 14.8 | 24.1 | 41.4 | 84.1 | 6.0 | 21.0 |
Nov | 2.6 | 17.1 | 25.8 | 45.7 | 85.6 | 6.2 | 23.3 |
Dec | 2.0 | 18.9 | 27.4 | 46.7 | 86.4 | 6.2 | 24.6 |
source: Australian Government Bureau of Meteorology
06-11-2024 | $615,000 | 409 / 7 WASHINGTON AVE |
05-11-2024 | $650,000 | 14 / 30 COLERIDGE ST |
04-11-2024 | $1,100,000 | 6 BONDS RD |
04-11-2024 | $690,000 | 6 / 47 JOSEPHINE ST |
01-11-2024 | $595,000 | 408 / 7 WASHINGTON AVE |
01-11-2024 | $395,000 | 21 / 27 COLERIDGE ST |
31-10-2024 | $1,915,000 | 34 CAIRNS ST |
30-10-2024 | $597,000 | 410 / 1 VERMONT CRES |
30-10-2024 | $1,600,000 | 7 / 22 WIGGS RD |
28-10-2024 | $626,000 | 209 / 7 WASHINGTON AVE |
28-10-2024 | $1,714,000 | 47 CAIRNS ST |
23-10-2024 | $780,000 | 1 / 8 COLERIDGE ST |
18-10-2024 | $4,350,000 | 1 JINDALEE PL |
16-10-2024 | $748,000 | 3 / 27 HANNANS RD |
16-10-2024 | $1,095,000 | 3 / 2 ELDON ST |
15-10-2024 | $1,300,000 | 19 MAZARIN ST |
14-10-2024 | $1,900,000 | 21 CAIRNS ST |
14-10-2024 | $1,423,888 | 67 COLERIDGE ST |
14-10-2024 | $1,900,000 | 48 KILLARA AVE |
11-10-2024 | $760,000 | 528 / 1 VERMONT CRES |
11-10-2024 | $840,000 | 15 / 8 COLERIDGE ST |
11-10-2024 | $2,001,000 | 12 LARKHILL AVE |
10-10-2024 | $1,715,000 | 6 TALBOT ST |
09-10-2024 | $650,000 | 128 / 5 VERMONT CRES |
02-10-2024 | $1,200,000 | 27 FULLERTON CRES |
02-10-2024 | $782,000 | 128 / 1 VERMONT CRES |
01-10-2024 | $660,000 | 801 / 11 WASHINGTON AVE |
30-09-2024 | $599,000 | 703 / 11 WASHINGTON AVE |
30-09-2024 | $790,000 | 2 / 17 WEBB ST |
26-09-2024 | $605,000 | 1003 / 7 WASHINGTON AVE |
18-09-2024 | $1,155,000 | 4 KARNE ST S |
12-09-2024 | $590,000 | 416 / 1 VERMONT CRES |
06-09-2024 | $635,000 | 3 / 17 COLERIDGE ST |
06-09-2024 | $2,200,000 | 2 COLIN AVE |
05-09-2024 | $650,000 | 337 / 5 VERMONT CRES |
05-09-2024 | $1,330,000 | 154 BELMORE RD |
05-09-2024 | $685,000 | 7 / 6 MOROTAI AVE |
04-09-2024 | $1,180,000 | 22 KEATS AVE |
02-09-2024 | $616,000 | 307 / 7 WASHINGTON AVE |
02-09-2024 | $1,520,000 | 1 HARDWICKE ST |
30-08-2024 | $1,980,000 | 5 / 110 BONDS RD |
30-08-2024 | $1,630,000 | 25 CAIRNS ST |
28-08-2024 | $1,275,000 | 2 RUSSELL ST |
27-08-2024 | $1,700,000 | 30 WEEMALA AVE |
26-08-2024 | $605,000 | 426 / 1 VERMONT CRES |
26-08-2024 | $1,485,000 | 18 ERSKINE ST |
26-08-2024 | $1,655,000 | 3 MONA RD |
21-08-2024 | $1,130,000 | 2 / 242 BELMORE RD |
19-08-2024 | $1,285,000 | 164 BELMORE RD N |
13-08-2024 | $1,400,000 | 30 KENTUCKY RD |
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