18 Magnolia Road

Risdon Vale TAS 7016

The size of Risdon Vale is approximately 14.5 square kilometres. It has 14 parks covering nearly 12.9% of total area. The population of Risdon Vale in 2011 was 2,679 people. By 2016 the population was 2,865 showing a population growth of 6.9% in the area during that time. The predominant age group in Risdon Vale is 30-39 years. Households in Risdon Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Risdon Vale work in a labourer occupation. In 2011, 65.7% of the homes in Risdon Vale were owner-occupied compared with 64% in 2016.

Risdon Vale has 1,364 properties. Over the last 5 years, Houses in Risdon Vale have seen a 69.44% increase in median value, while Units have seen a 44.32% increase. As at 31 October 2024:

• The median value for Houses in Risdon Vale is $459,802 while the median value for Units is $457,784.
• Houses have a median rent of $460.