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Riverside, VIC 3401
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$870,000
list-price estimate
Median Unit
$430,000
Gross Yield (houses)
2.4%
1yr Growth
-
Investment snapshot for Riverside
Riverside has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Riverside market and investor summary
In Riverside, VIC 3401, houses show a gross rental yield of 2.4%. House prices have moved +60.0% over three years.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.4% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 115 days on market, so plan for a slower exit if you ever need one.
Living in Riverside: people, income and schools
Riverside has a resident population of roughly 287, a number that has held fairly steady over five years. At a median age of 41, it reads as skewed a little older, and 94% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $87,000 a year (about $1,670 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). Incomes have risen about 30% over five years, which tends to underpin what local buyers can pay.
Families have 7 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 287
- -1% over 5yr
- Median age
- 41 years
- Median household income
- $87,000/yr
- Households renting
- 13%
- Family households
- 89%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 7
- avg ICSEA 953
- Unemployment
- 1.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Riverside
No properties currently listed in Riverside
Search Riverside listings →Frequently asked questions about Riverside
What should I check before investing in Riverside?
Riverside has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.0% gives a usable rent-to-price starting point. 3-year capital growth of +60.0% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Riverside?
The median property price in Riverside, VIC 3401 is $430K for units.
What rental yield does Riverside show?
The gross rental yield in Riverside is 2.4% for houses and 4.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Riverside?
House prices in Riverside are up 60.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How many people live in Riverside?
Riverside has a population of approximately 287 residents, with a median age of 41.
What schools are near Riverside?
There are 7 schools within roughly 5km of Riverside. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Riverside's population growing?
The population of Riverside has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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