Rivett ACT 2611

Houses Units

Here you can find what you need to know about Rivett, ACT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$640k Median Sale Price (National Average $485k) 59th In ACT
6.67% Median Price Change (1 yr) (National Average 4.30%) 27th In ACT
$510pw Median Rent (National Average $395) 74th In ACT
4.1% Median Gross Yield (National Average 4.24%) 47th In ACT
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Properties sold 24
Average discounting 0.00%
Average Days on Market 39
Stock on Market 10 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Rivett, ACT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Rivett, ACT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Rivett, ACT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Rivett


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Latest Auction Results for Rivett as at 20 October 2019

Property Details
Sale Price
12 Morrell Pl
4Bed / 2Bath / -Car / House
$785,000
43 Marlock St
3Bed / 2Bath / 2Car / House
Passed In
5 Eugenia St
3Bed / 1Bath / -Car / House
-
50 Nelumbo St
3Bed / 1Bath / 1Car / House
Passed In
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State Auction Clearance Rates - October 2019

Auctions Clearance rate
ACT 53 64%
NSW 665 79%
NT 13 31%
QLD 140 46%
SA 52 62%
TAS 1 0%
VIC 774 74%
WA 16 50%

Local Schools


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Suburb Information

Rivett, ACT 2611

Part of: Weston Creek Council No data available

The size of Rivett is approximately 1.6 square kilometres. It has 6 parks covering nearly 7% of total area. The population of Rivett in 2011 was 3,120 people. By 2016 the population was 3,189 showing a population growth of 2.2% in the area during that time. The predominant age group in Rivett is 0-9 years. Households in Rivett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rivett work in a professional occupation. In 2011, 72.4% of the homes in Rivett were owner-occupied compared with 70.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Rivett

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Rivett   for Houses in last 12 months


There have been 25 Houses sold in Rivett in the past 12 months with a median sale price of $631K, up 5.17% annually. It takes on average 45 days to sell with vendor discounting of -2.01%.

Streets in Rivett

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