Located in Victoria within the Horsham local government area, Riverside is a sparsely populated locality (postcode 3401). With a population of 287, the suburb has an established demographic with a median age of 41. Households earn a median income of $87K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.1% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 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 managers, professionals, clerical & administrative. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, German.
The current median weekly rent is $405. The median monthly mortgage repayment is $1,430.
The crime rate in the Horsham LGA is higher than average at 12,947 incidents per 100,000 population.
On the investment side, Population growth of -0.1% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.