Invermay vs Riverside
Invermay (median $480,000) is roughly 24% cheaper to buy into than Riverside ($635,000).
Buying in Invermay or Riverside?
Selling in Invermay? The free selling guide
Invermay and Riverside side by side
| Measure | Invermay | Riverside |
|---|---|---|
| Price and market | ||
| Median house | $480,000 | $635,000 |
| Median unit | $450,000 | $440,000 |
| Renting | ||
| House rent | $260/wk | $285/wk |
| Unit rent | $221/wk | $242/wk |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1007 | 1005 |
| Lifestyle and people | ||
| Walk score | 18 | 18 |
| Transit score | 0 | 0 |
| Bike score | 100 | 25 |
| Climate | ||
| Annual rainfall | 729 mm | 728 mm |
| Mean max, January | 24.2°C | 24.3°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Invermay (1007) sits above Riverside (1005).
- For buyers
- Invermay is the lower entry point at $480,000 median, 24% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Invermay offers the higher gross rental yield (2.82% vs 2.33%), favouring cash-flow investors.
- For families
- Invermay edges out on average school ICSEA (1007 vs 1005).
Invermay vs Riverside: common questions
Is Invermay or Riverside cheaper to buy in?
Invermay has the lower median house price at $480,000, roughly 24% below Riverside ($635,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Invermay or Riverside have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Invermay scores 1007 vs 1005 in Riverside. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Invermay or Riverside?
Gross rental yield on houses is 2.82% in Invermay vs 2.33% in Riverside. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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The two suburbs
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