Riverview, a serene suburb within Lane Cove in New South Wales, boasts a desirable housing market characterized by its leafy streets and waterside views. Known for its tranquil atmosphere and proximity to the Lane Cove River, Riverview attracts families and professionals seeking a blend of nature and convenience. The housing market here predominantly features spacious family homes, many of which offer panoramic views of the river and surrounding greenery. While the cost of living is on the higher end, reflecting its premium status, the investment is often justified by the suburb's amenities and community vibe. Recent trends have shown a steady demand in the market, with property values maintaining a strong upward trajectory, thanks in part to its proximity to Sydney's central business district and access to quality schools and parks.
Living in Riverview offers a lifestyle that balances suburban calm with urban accessibility. The neighborhood is known for its excellent educational institutions, including St Ignatius' College, a prestigious private school that contributes to the area's appeal for families. Residents enjoy access to abundant green spaces, such as Tambourine Bay Reserve, where outdoor activities like hiking and picnicking are popular pastimes. The community is tight-knit, with numerous events and activities that foster a sense of belonging among neighbors. Public transport options, including buses and nearby train stations, provide straightforward commuting routes to Sydney, making Riverview an ideal location for those working in the city but desiring a peaceful retreat at home. Overall, Riverview offers a high quality of life, excellent for families and individuals valuing privacy, nature, and community connectivity.
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Thinking about buying in Riverview? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Riverview there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Riverview is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Riverview leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Riverview the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Riverview there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
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