Riverlea
NSW, 2850
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Mid-Western Regional
Thinking about buying in Riverlea? Now could not be a better time, with just 40 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $739,000 with prices in this suburb ranging from $216,000 to $1,239,000. The aproximate distance to the coast is 162 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Riverlea Real Estate Market Outlook
In Riverlea 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 Riverlea 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. The slightly lower than average earnings from occupations in Riverlea changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Riverlea 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.
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Riverlea there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Riverlea weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
| Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
| Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
| Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
| May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
| Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
| Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
| Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
| Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
| Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
| Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
| Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 21-08-2023 | $531,000 | 45 KURRAJONG LANE |
| 31-01-2022 | $2,100,000 | 44 KURRAJONG LANE |
| 22-10-2021 | $1,650,000 | 395 RIVERLEA RD |
| 16-06-2021 | $571,000 | 567 RIVERLEA RD |
| 27-04-2021 | $860,000 | 241 RIVERLEA RD |
| 12-02-2021 | $940,000 | 442 RIVERLEA RD |
| 17-11-2020 | $695,000 | 297 RIVERLEA RD |
| 18-12-2019 | $1,350,000 | 288 RIVERLEA RD |
| 02-09-2019 | $1,360,000 | 290 RIVERLEA RD |
| 06-06-2019 | $680,000 | 373 RIVERLEA RD |
| 30-11-2018 | $165,000 | 45 KURRAJONG LANE |
| 17-08-2018 | $455,000 | 497 RIVERLEA RD |
| 30-06-2017 | $145,000 | 60 PEACH TREE LANE |
| 21-12-2016 | $340,000 | 495 RIVERLEA RD |
| 14-10-2016 | $220,000 | 567 RIVERLEA RD |
| 20-10-2015 | $395,000 | 497 RIVERLEA RD |
| 04-12-2014 | $440,000 | 350 RIVERLEA RD |
| 20-08-2014 | $210,000 | 591 RIVERLEA RD |
| 25-07-2014 | $805,500 | 288 RIVERLEA RD |
| 25-11-2013 | $160,000 | 540 RIVERLEA RD |
| 05-11-2013 | $195,000 | 55 PEACH TREE LANE |
| 31-05-2013 | $275,000 | 495 RIVERLEA RD |
| 29-01-2013 | $115,000 | 63 PEACH TREE LANE |
| 02-11-2011 | $319,000 | 28 PEACH TREE LANE |
| 10-08-2011 | $299,000 | 297 RIVERLEA RD |
| 12-07-2011 | $280,000 | 617 RIVERLEA RD |
| 17-04-2009 | $150,000 | 540 RIVERLEA RD |
| 14-12-2007 | $258,000 | 11 KURRAJONG LANE |
| 11-11-2005 | $295,000 | 350 RIVERLEA RD |
| 19-09-2005 | $270,000 | 520 RIVERLEA RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Kandos - Greater then 10KM
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