Riverton is a mid-sized suburb in Western Australia within the Canning local government area (postcode 6148). With a population of 6,078, the suburb has an established demographic with a median age of 39. Households earn a median income of $99K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Riverton is $1.3 million, having surged 31.3% over the past year. Units have a median price of $803,000 (+37.3% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,000.
Riverton is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 1103, which is well above the national average of 1,000. Public transport access includes 24 bus stops.
From an investment perspective, Riverton offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are above the state median ($1.3M/$951K), placing it in the premium segment. The price-to-income ratio of 12.7x is considered stretched. House prices have moved +31.3% year-on-year.
Riverton is a mid-sized suburb in Western Australia within the Canning local government area (postcode 6148). With a population of 6,078, the suburb has an established demographic with a median age of 39. Households earn a median income of $99K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Riverton is $1.3 million, having surged 31.3% over the past year. Units have a median price of $803,000 (+37.3% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,000.
Riverton is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 1103, which is well above the national average of 1,000. Public transport access includes 24 bus stops.
From an investment perspective, Riverton offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are above the state median ($1.3M/$951K), placing it in the premium segment. The price-to-income ratio of 12.7x is considered stretched. House prices have moved +31.3% year-on-year.