What is the true cost of buying an apartment in Riverwood?

The median apartment in Riverwood is $625,000. Including stamp duty ($22,655), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $50,420, or $4,202/month.

What does it really cost to buy a house in Riverwood?

The median house in Riverwood is $985,000. True first-year cost including stamp duty ($38,855), rates, insurance, maintenance, and mortgage repayments is approximately $69,797.

What is the vacancy rate in Riverwood?

Riverwood currently has a vacancy rate of 2.1%. Properties average 32 days on market.

buyer.chat

True Cost of Buying in Riverwood

2210 NSW · 23km to CBD

Stable

Market Intelligence

Riverwood is an affordable, multicultural suburb in southern Sydney, located 23km from the CBD in the Georges River Council area. The suburb is characterized by its diverse community with significant Lebanese, Vietnamese, and Chinese populations, making it a vibrant multicultural hub. Riverwood offers excellent transport connectivity via Riverwood Station on the T8 Airport & South Line, providing direct CBD access, while the M5 Motorway is accessible within 10 minutes. The area features a strong mix of housing types including unit complexes, townhouses, and detached homes, with ongoing apartment development projects enhancing the local landscape. Riverwood Plaza serves as the commercial heart, offering major shopping and dining options. The suburb benefits from proximity to Georges River and parklands for recreation, quality educational facilities including Riverwood Public School, and comprehensive medical services. Popular with first home buyers and investors due to its affordability relative to Sydney median prices, Riverwood presents solid investment potential with planned improvements to infrastructure and shopping facilities as part of broader council development strategies.

Excellent transport connectivity with direct train access to CBD and M5 Motorway proximityStrong multicultural community creating vibrant dining and cultural experiencesAffordable property prices relative to Sydney median making it accessible for first home buyersMajor shopping and amenity hub at Riverwood Plaza with ongoing improvements plannedProximity to Georges River and quality parklands for recreation and lifestyle

Market Snapshot

Median House

$985K

+8.2% 1yr

Median Apartment

$625K

+6.8% 1yr

Median Townhouse

$780K

Vacancy Rate

2.1%

32 avg DOM

Yield (Apartment)

5.1%

Yield (House)

4.2%

Auction Clearance

72%

Population

12,500

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$4,202/mo

Purchase Price

$625,000

Stamp Duty

$22,655

1st Year Total

$50,420

House

$5,816/mo

Purchase Price

$985,000

Stamp Duty

$38,855

1st Year Total

$69,797

Townhouse

$4,786/mo

Purchase Price

$780,000

Stamp Duty

$29,630

1st Year Total

$57,428

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

Open Calculator