Riverside · Suburb / Locality

Housing & Dwellings in Riverside

Where and how people live — the homes, how they are held, and what they cost.

Every single home in Riverside is a separate house, making it one of the most detached-housing areas in the region. This is a place where home ownership is common and housing costs are well below the state and national figures.

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📍 Riverside, Suburb / Locality

Where Riverside sits — Median rent (weekly)

$280 ▼ -82.7%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Riverside — higher than 50% of areas.

Median rent (weekly) compared with the state and national average
Riverside$280
3401, VIC $200
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly home loan payments are $1,430, which is well below the Victorian figure of $1,859. Weekly rent is also much lower than the state and national averages, sitting at $280.

$280 ▼ -82.7%

Higher than 50% of suburb / locality areas.

  • 2011: $1,615
  • 2016: $295
  • 2021: $280

Median weekly rent paid by households renting their home.

$1,430 ▼ -16.2%

Lower than 63% of suburb / locality areas.

  • 2011: $1,706
  • 2016: $1,408
  • 2021: $1,430

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Riverside, $200–$349 is the majority at 100%.

Monthly mortgage distribution

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In Riverside, $1,000–$1,799 is the majority at 68%; Under $1,000 is next at 20%.

Owning & renting

How homes are owned or rented.

More than half of residents (51.6%) own their homes outright, which is far above the national figure of 31.0%. Meanwhile, the 12.9% of households renting is far below the Victorian average.

12.9% ▲ +88.4%

Lower than 63% of suburb / locality areas.

  • 2011: 6.8%
  • 2016: 7.7%
  • 2021: 12.9%

Share of occupied private dwellings that are rented.

51.6% ▲ +6.1%

Higher than 78% of suburb / locality areas.

  • 2011: 48.6%
  • 2016: 45.1%
  • 2021: 51.6%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Riverside, the largest group is Owned outright at 48%, followed by Owned with a mortgage (39%) and Rented (12%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Homes here are typically large, with 96.8% having three or more bedrooms. This far exceeds the Victorian average of 74.1% and is consistent with the local trend of having 0.80 people per bedroom.

0.80 ▼ -20.0%

Lower than 57% of suburb / locality areas.

  • 2011: 1.00
  • 2016: 0.70
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

100.0% ▲ +4.3%

Higher than 99% of suburb / locality areas.

  • 2011: 95.9%
  • 2016: 98.9%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

96.8% ▲ +5.6%

Higher than 93% of suburb / locality areas.

  • 2011: 91.7%
  • 2016: 86.8%
  • 2021: 96.8%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Riverside, Separate house is the majority at 100%.

Bedrooms per home

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In Riverside, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (35%) and 5 or more (13%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Riverside

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Riverside [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22180/riverside/topic/housing-dwellings