Get a property report and suburb profile for any property in Southern River

Southern River sits beside the Southern River waterway and reserve, with walking and cycling routes, native bushland and sports ovals that shape a recreational, family-oriented lifestyle. Housing is largely low-rise and suburban, a mix of established brick homes and more recent residential developments on regular blocks, and residents rely on a local shopping centre, community facilities and nearby commercial precincts; the suburb also has straightforward connections to the wider road and public transport network.

Families dominate Southern River’s profile, with couple families with children making up 63.6% of families, a median age of 33 and a median household income of $2,364 a week. Homes are predominantly owner-occupied, and several council-led projects are under way, including the Sutherlands Park master plan with a Youth Entertainment Space and an all-abilities playground now open, a scaled-back leisure, aquatic and sports facility proposal, a new light-commercial business park and a Garden Street extension proposal. Whether that suits you comes down to what you’re looking for in a suburb.

On the figures here, housing costs in Southern River sit differently for renters and buyers. A house rent of $800 a week would take about 33.9% of a typical local household's weekly income at the last Census ($2,364 a week), which is a sizeable share of income. Buying looks more stretched: the median house price of $1,042,500 is about 8.5 times a typical local household's annual income at the last Census (about $122,928).

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

Over the past 12 months house rents in Southern River rose 6.7%, a solid increase, while house values declined modestly, down 3.4%. For someone weighing Southern River as an investment, the change in value reflects capital growth and the change in rent reflects rental income; in this period rental income was the stronger performer. Whether that balance suits your objectives and circumstances depends on what you are looking for.

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.