Located in New South Wales within the Canterbury-Bankstown local government area, Riverwood is a settled mid-to-large suburb (postcode 2210). With a population of 12,793, the suburb has an established demographic with a median age of 40. Households earn a median income of $63K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Chinese, Australian, English.
Median house prices in Riverwood stand at $1.4 million, having risen modestly by 0.6% over the last twelve months. Units have a median price of $768,000 (+19.5% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Riverwood is served by 4 schools, including 4 primary. The average ICSEA score is 1034, which is around the national average of 1,000. Public transport access includes 70 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,302 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 22.7x is considered stretched. House prices have moved +0.6% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.