All About Riverside, Horsham, VIC, 3401

Riverside, located in the Horsham region of Victoria, offers a unique blend of country charm and accessibility. The housing market in Riverside is characterized by a mix of traditional country homes and modern developments. This diversity provides opportunities for both first-time buyers seeking affordability and those looking for more upscale residences with larger plots of land. Over recent years, the market has experienced steady growth, driven by increasing interest from people looking to escape the hustle and bustle of larger cities while still enjoying the conveniences of a well-connected town. With relatively lower property prices compared to metropolitan areas, Riverside is an attractive option for families, retirees, and investors alike.

Living in Riverside is defined by its welcoming community and relaxed pace of life. Residents enjoy a close-knit community atmosphere, where neighbors often know each other, and local events are a regular occurrence. The area boasts a wealth of natural beauty, with the nearby Wimmera River offering recreational activities like fishing, kayaking, and scenic walking trails. Schools, healthcare facilities, and shopping centers are easily accessible, ensuring a comfortable lifestyle for families. Furthermore, Horsham's proximity means that larger amenities are never too far away. Overall, Riverside provides a peaceful living environment combined with the convenience of modern facilities, making it an attractive place for those seeking a balance between rural tranquility and urban practicality.

Riverside Real Estate Market Outlook

Thinking about buying in Riverside? Now could not be a better time, with just 126 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $595,000 with prices in this suburb ranging from $134,000 to $933,000. The aproximate distance to the coast is 170 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Riverside are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Riverside classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Riverside requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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