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Riverside Real Estate

Riverside real estate

In Riverside, 1% of occupied homes were townhouses, terraces or semi-detached houses at the 2021 Census, below the 6% recorded across Tasmania.

  • House 95
  • Townhouse or terrace 1
  • Flat or apartment 4
  • Owned outright 38
  • Mortgaged 35
  • Rented 25
  • Other or not stated 2
Homes in Riverside as a street of 100, from the census count of households by kind of home and tenure.
Median rent$300 a weekTAS $290
Median mortgage repayment$1,440 a monthTAS $1,313
Median household income$1,519 a weekTAS $1,358

Separate houses, and a larger share with four or more bedrooms

Riverside is a suburb of separate houses: they made up 95% of occupied homes, above 88% across TAS. Townhouses, terraces or semi-detached houses were 1%, below the state's 6%, and flats or apartments 4%, below 5%. On Census night, 5% of private dwellings in Riverside were unoccupied, below the Tasmanian figure of 12%, so a smaller share of dwellings stood empty than across the state.

Bedroom counts lean larger here. Homes with four or more bedrooms were 35% of the total, above 23% across Tasmania. Three bedrooms covered 42%, below the state's 50%, and two bedrooms or fewer 23%, below 26%. Read together, these figures suggest homes in Riverside had more bedrooms than homes across Tasmania at the 2021 Census.

Tasmania, the same way: 88 houses, 5 flats, 26 rented. Other or not stated also takes up the rounding.

A larger share renting through agents, and higher incomes

Among renting households in Riverside, 58% rented from a landlord recorded as a real estate agent, above 46% across TAS. Renters overall were 25% of households, below 26% statewide. The median rent was $300 a week, above $290 across Tasmania, and worked out on this page from the two medians, it equals 20% of the median income of all households in Riverside, renters or not, below 21% for TAS.

Median household income was $1,519 a week, above the Tasmanian figure of $1,358. Of all households, 35% were paying off a mortgage, above 33%, with a median repayment of $1,440 a month, above $1,313 across the state. Outright owners made up 38% of households in Riverside, above the 37% recorded for Tasmania.

Younger than the state, with larger households

The suburb of Riverside was home to 7,326 people at the 2021 Census. Its median age was 40 years, below 42 across Tasmania, suggesting a younger population than the state's. Households were larger than the Tasmanian average, at 2.5 people against 2.4, which suggests more people sharing each home than across TAS.

Among people aged five and over in Riverside, 55% lived at the same address five years earlier, below 56% across Tasmania. The figure is drawn from one 2021 question asking where each person lived in 2016. Sitting below the state's share, it suggests a smaller proportion of people in Riverside were living at the same address as five years earlier.