Riverdale Property Market And House Prices

Suburb of Gisborne District

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Riverdale, Gisborne District

Average House Value

1.1%
$715,450

Average Rent

$350

Estimated Yield

2.5%

Long Term Capital Growth

Not enough data available

Ed's Insights

Riverdale is a suburb in Gisborne District.

1,125 people currently live in Riverdale. 25.3% of these people rent.

The average house value in Riverdale is $715,450.

That’s down 5.6% from from 2 years ago.

The median rent in Riverdale is $350.

Market Insight - Median House Price Trend

Sales Data

Average House Value

1.1%
$715,450

Median Days to Sell

42

Properties listed for sale in the last month

1

Properties sold in the last 12 months

19

Insights

The average house value in Riverdale is $715,450.

On average it takes 42 days to sell a house.

All up 19 properties were sold in Riverdale over the last year, and 1 properties were listed for sale in the last month.

Rental Data

Median Rent

$350

Rental properties listed last year

196

Rental properties listed last month

30

Median days to rent

21

Insights

There is no rental data available for Riverdale at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Riverdale want?

The most popular number of bedrooms a tenant rents in Riverdale is 3 bedrooms.

71.9% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Riverdale is 1 car.

55.6% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Riverdale?

How many Cars do renters have in Riverdale?