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Riverstone Suburb Insights
VICLocation Information
Suburb Name
Riverstone, VIC
Distance from CBD
21.3 kmDemographics
Population
7,247
Median Income
$36,764
Area Information
Area
22.47 km²
Population Density
323 people/km²
Property Market
Median Price
$518,548
Annual Growth
+15.4%Property Price Trend Analysis
Current Median Price
$518,548
Annual Growth
+15.4%
Quarterly Growth
+1.5%
Price Trends - Last 6 Months
2024-01
$647,878
+7.2%2024-02
$560,117
+7.7%2024-03
$541,328
+5.1%2024-04
$548,697
+9.3%2024-05
$1,180,739
+9.1%2024-06
$831,331
+18.9%Property Type Price Analysis
House
Median Price
$1,685,915
Growth Rate
+11.2%Available Listings
143 properties
Apartment
Median Price
$441,547
Growth Rate
+16.9%Available Listings
254 properties
Townhouse
Median Price
$460,171
Growth Rate
+14.1%Available Listings
135 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy