Riverview (postcode 2066) is a compact suburb in New South Wales within the Lane Cove local government area. With a population of 3,148, the suburb has an established family demographic with a median age of 42. Households earn a median income of $246K per year, with an average household size of 3.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Riverview is $3.5 million, having fallen sharply by 18.2% over the past year. The current median weekly rent is $800. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $4,333.
Public transport access includes 29 bus stops. The crime rate in the Lane Cove LGA is low at 1,355 incidents per 100,000 population.
From an investment perspective, Riverview shows a gross rental yield of approximately 1.2%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.0x is considered stretched. House prices have moved -18.2% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.