Rivett is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2611). With a population of 3,354, the suburb has an established demographic with a median age of 39. Households earn a median income of $115K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Rivett is $910,000, having dipped slightly 0.3% over the past year. Units have a median price of $625,000 (+8.7% YoY). The median weekly rent is $322 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,140.
Public transport access includes 19 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,640 incidents per 100,000 population.
From an investment perspective, Rivett offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($910K/$1.0M). The price-to-income ratio of 7.9x is considered moderate. House prices have moved -0.3% year-on-year.
Rivett is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2611). With a population of 3,354, the suburb has an established demographic with a median age of 39. Households earn a median income of $115K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Rivett is $910,000, having dipped slightly 0.3% over the past year. Units have a median price of $625,000 (+8.7% YoY). The median weekly rent is $322 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,140.
Public transport access includes 19 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,640 incidents per 100,000 population.
From an investment perspective, Rivett offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($910K/$1.0M). The price-to-income ratio of 7.9x is considered moderate. House prices have moved -0.3% year-on-year.