Question 1

Is Riverglades a nice place to live?

Accepted Answer

Riverglades sits on the Murray River near Murray Bridge and has a low-density riverside character. Mostly single-storey homes on larger blocks, a mix of permanent residences and holiday houses, and many riverfront or near-river outlooks give it a relaxed country riverside feel. Boating, fishing and outdoor life shape everyday living, while residents use Murray Bridge for shopping, schools and health services. It suits retirees, families wanting more space and those seeking a river escape.

Riverglades is a community of 856 people, with a median age of 50 and a median total household income of $1,415 a week, roughly $73,600 a year.

Families make up the bulk of households. Couple families without children are the largest group at 55.9% (146 families), while couple families with children account for 33.7% (88 families). One-parent families represent 10.3% (27 families). Together the two couple categories make up about 89.6% of reported families.

Homes in Riverglades are predominantly owner-occupied, with about 89.3% owned outright or with a mortgage; 49.7% are owned outright and 39.6% are owned with a mortgage. Renters comprise 10.7% of dwellings.

Question 2

Is it expensive to live in Riverglades?

Accepted Answer

There haven't been enough recent sales or rentals in Riverglades SA 5253 to publish reliable house or unit prices or typical rents. Because of that, it isn't possible to describe how expensive it is to live here compared with local household incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Riverglades a good place to invest?

Accepted Answer

There haven't been enough recent sales or rent records in Riverglades to publish reliable figures on how house and unit prices and rents moved over the past year. Without those published changes, there isn't a clear picture of how Riverglades performed as an investment over the last 12 months.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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