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Riverslea, VIC 3860
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$610,000
list-price estimate
Median Unit
$425,000
Gross Yield (houses)
4.0%
1yr Growth
-
Investment snapshot for Riverslea
Riverslea has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Riverslea market and investor summary
In Riverslea, VIC 3860, houses show a gross rental yield of 4.0%. At 1.7% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.0% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking.
Living in Riverslea: people, income and schools
Riverslea is home to around 165 people, and the area has been growing steadily, up about 7% over five years. The median age is 39, broadly working-age, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $103,000 a year, or roughly $1,980 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 165
- +7% over 5yr
- Median age
- 39 years
- Median household income
- $103,000/yr
- Households renting
- 26%
- Family households
- 82%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.0%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Riverslea
No properties currently listed in Riverslea
Search Riverslea listings →Frequently asked questions about Riverslea
What should I check before investing in Riverslea?
Riverslea has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.0% gives a usable rent-to-price starting point. Tight rental market (1.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Riverslea?
The median property price in Riverslea, VIC 3860 is $425K for units.
What rental yield does Riverslea show?
The gross rental yield in Riverslea is 4.0% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Riverslea?
The current vacancy rate in Riverslea is 1.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Riverslea?
Riverslea has a population of approximately 165 residents, with a median age of 39.
Is Riverslea's population growing?
The population of Riverslea has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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