Riverview is a smaller suburb in New South Wales within the Lane Cove local government area (postcode 2066). With a population of 3,148, the suburb has an established 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. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Riverview is $4.2 million, having risen modestly 1.9% over the past year. Units have a median price of $1.2 million. The current median weekly rent is $825. This gives a gross rental yield of approximately 1.0%. 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 1,323 incidents per 100,000 population.
From an investment perspective, Riverview offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($4.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.0x is considered stretched. House prices have moved +1.9% year-on-year.
Riverview is a smaller suburb in New South Wales within the Lane Cove local government area (postcode 2066). With a population of 3,148, the suburb has an established 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. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Riverview is $4.2 million, having risen modestly 1.9% over the past year. Units have a median price of $1.2 million. The current median weekly rent is $825. This gives a gross rental yield of approximately 1.0%. 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 1,323 incidents per 100,000 population.
From an investment perspective, Riverview offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($4.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.0x is considered stretched. House prices have moved +1.9% year-on-year.