Riverview is a smaller suburb in Queensland within the Ipswich local government area (postcode 4303). With a population of 3,067, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $57K per year, with an average household size of 2.5 people. The most common occupations are labourers, machinery operators & drivers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Riverview is $521,000, having surged 30.2% over the past year. The current median weekly rent is $585. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,092.
Riverview is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 928, which is below the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Ipswich LGA is moderate at 6,690 incidents per 100,000 population.
From an investment perspective, Riverview offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($521K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved +30.2% year-on-year.
Riverview is a smaller suburb in Queensland within the Ipswich local government area (postcode 4303). With a population of 3,067, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $57K per year, with an average household size of 2.5 people. The most common occupations are labourers, machinery operators & drivers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Riverview is $521,000, having surged 30.2% over the past year. The current median weekly rent is $585. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,092.
Riverview is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 928, which is below the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Ipswich LGA is moderate at 6,690 incidents per 100,000 population.
From an investment perspective, Riverview offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($521K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved +30.2% year-on-year.