Question 1

Is Riverton a nice place to live?

Accepted Answer

Riverton sits in the Gilbert Valley with the Gilbert River running through paddocks and reserves. It began as a rural service centre and former railway town, and a compact main street still features stone and federation-era buildings alongside everyday shops and a hotel. The town suits people looking for a country lifestyle, from farming families to those who commute to nearby centres, with housing that ranges from older stone cottages and weatherboard homes to more recent houses on generous blocks.

It is a small community of 1,029 people with a median age of 57; about four in five households (79.0%) are owner-occupied and the median total household income is $1,023 a week, roughly $53,196 a year. Local life centres on community groups, sporting clubs and school facilities, and everyday services include a district hospital with 24-hour, seven-day emergency and acute-care services. There are also ongoing local projects such as refurbishment work on the community hall, a $3 million State commitment to the high school community library facility, and a State Budget allocation for upgrades along the Horrocks Highway. Whether Riverton suits you depends on whether you want a small, established rural town with those amenities.

Question 2

Is it expensive to live in Riverton?

Accepted Answer

There haven't been enough recent sales or rentals in Riverton to publish reliable house or unit prices or rents, so it isn't possible to say how expensive it is to live there compared with local incomes. With only the suburb's median household income from the most recent Census available, those income figures alone don't let us judge housing costs for the area.

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 Riverton a good place to invest?

Accepted Answer

House values in Riverton rose 32.8% over the past 12 months, a strong increase in house capital values for the year. For someone weighing Riverton as an investment, that figure reflects capital growth on the house side over the past year; whether that outcome fits your goals depends on your objectives and circumstances.

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	32.8%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	61	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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