Question 1

Is Riverton a nice place to live?

Accepted Answer

Riverton is a riverside suburb centred on the Canning River foreshore and pockets of parkland. It is settled and home to many families, with tree-lined streets of mid-century single-storey brick houses alongside newer two-storey infill. River walking and cycling paths, playgrounds, picnic spots and sports ovals encourage an outdoors lifestyle, while a neighbourhood shopping centre and local cafes cover everyday needs. Main roads and public transport make larger shopping and employment centres easy to reach.

The community numbers 6,078 and has a median age of 39. Couple families with children make up 57.4% of families, and together with couple families without children account for about 85.2% of families; owner-occupiers make up about three in four households. Recent local investment includes major refurbishments at the Riverton Leisureplex, foreshore revegetation and planning, a proposal for an eco boardwalk linking Riverton Bridge to Castledare, and two Supported Independent Living houses being built by Uniting WA. Whether Riverton suits you depends on whether that riverside, established suburb matches what you want.

Question 2

Is it expensive to live in Riverton?

Accepted Answer

At a median house price of $1,530,000, buying in Riverton works out to about 15.4 times a typical local annual household income at the last Census (that household income was $1,906 a week). Renting a house at $790 a week would take roughly 41.5% of a typical local household's weekly income at the last Census, which is a large share. Whether those numbers feel expensive depends on your own income and circumstances.

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 9.2% over the past 12 months, a solid increase in what houses are worth. Over the same period house rents edged down 1.0%, so on the house side capital growth has been the stronger performer this year. Whether that suits your investment goals depends on your plans 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	$1.53M	N/A
Change in value Past 12 months	9.2%	N/A
Sold Past 3 months	19	2
Median days on market Past 12 months	13	N/A
Average rent Past 12 months	$790	N/A
Change in rent Past 12 months	-1.0%	N/A

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