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Sales Activity
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Population
Riverstone lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends
Riverstone's population, as of Aug 2025, is approximately 20,849. This figure represents a significant increase from the 13,844 people recorded in the 2021 Census, marking a growth of 7,005 persons (50.6%). The change can be attributed to an estimated resident population of 18,860 as of June 2024 and an additional 1,672 validated new addresses since the Census date. This results in a population density ratio of 648 persons per square kilometer, indicating ample space per person and potential for further development. Riverstone's growth rate of 50.6% since the 2021 census exceeds both the state (6.4%) and metropolitan area averages, positioning it as a notable growth leader in the region. Interstate migration was the primary driver of population growth, contributing approximately 71.5% of overall population gains during recent periods.
AreaSearch's projections for Riverstone are based on ABS/Geoscience Australia figures released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government SA2 level projections released in 2022 with a base year of 2021 are used. Growth rates by age group from these aggregations are applied to all areas for the years 2032 to 2041. Future population dynamics predict exceptional growth for Riverstone, placing it among the top 10 percent of statistical areas nationally. By 2041, the area is expected to increase by 34,283 persons based on the latest population numbers, representing a total increase of 154.9% over the 17-year period.
Frequently Asked Questions - Population
Development
The level of residential development activity in Riverstone was found to be higher than 90% of real estate markets across the country
Riverstone has recorded approximately 465 residential properties granted approval annually. Over the past five financial years, from FY-21 to FY-25, a total of 2,326 homes were approved, with an additional 108 approved in FY-26 so far. On average, around 3.3 people have moved to the area per dwelling built over these five years.
This supply has substantially lagged demand, leading to heightened buyer competition and pricing pressures. New homes are being constructed at an average value of $481,000, aligning with broader regional development trends. In FY-26, there have been $6.6 million in commercial approvals, indicating the area's residential character. Compared to Greater Sydney, Riverstone has slightly more development activity, measuring 47.0% above the regional average per person over the past five years. This preserves reasonable buyer options while sustaining existing property demand.
However, building activity has slowed in recent years. Nationally, Riverstone's development activity is well above average, reflecting strong developer confidence in the area. New developments consist of 63.0% detached houses and 37.0% townhouses or apartments, marking a notable shift from the area's existing housing composition, which is currently 96.0% houses. This change indicates decreasing availability of developable sites and reflects changing lifestyles and the need for more diverse, affordable housing options. With around 45 people moving to Riverstone per dwelling approval, it shows characteristics of a growth area. Future projections estimate that Riverstone will add approximately 32,294 residents by 2041. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.
Frequently Asked Questions - Development
Infrastructure
Riverstone has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 91 projects likely affecting the region. Notable initiatives include Riverstone Town Centre State Significant Rezoning, Riverstone Community Resource Hub and Aquatic Facility, New High School for Schofields and Tallawong, and Schofields Precinct Development. The following details projects of most relevance.
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Frequently Asked Questions - Infrastructure
Schofields Town Centre
Major urban planning initiative for a town centre in Sydney's North West Growth Area providing new homes, businesses, and services close to transport nodes. The project includes investigation of place-based planning centered around the transport hub, infrastructure development including new schools, recreation facilities, and Metro corridor preservation for future extension. Multiple residential developments are underway with over 2950 homes planned along with retail centers, parks and community facilities.
Riverstone Town Centre State Significant Rezoning
The rezoning proposal aims to transform Riverstone Town Centre into a liveable, walkable, and connected neighbourhood with a vibrant new main street along George Street, diverse housing options including approximately 3,600 new homes with a minimum of 1.5% affordable housing, up to 5 ha of employment land supporting 1,200 jobs, over 8 ha of new or improved open space including a sports oval, improved transport connections, increased building heights up to 15 storeys, and flood-resilient design. The proposal was exhibited from 4 June to 2 July 2025, and is now in the post-exhibition review phase with finalization expected in early 2026.
North West Treatment Hub
Sydney Water's North West Treatment Hub is a major infrastructure program upgrading three water resource recovery facilities at Castle Hill, Rouse Hill, and Riverstone to support rapid population growth in northwest Sydney, which is expected to double by 2056. The program, delivered in partnership with John Holland, Stantec and KBR through the North West Hub Alliance, will provide capacity for an additional 45 megalitres of wastewater per day and accommodate approximately 200,000 new house connections. The first stage involves a $595 million upgrade of Rouse Hill and Riverstone facilities, with a new biosolids handling plant at Riverstone using carbonisation technology to produce biochar. The total program investment exceeds $1.5 billion and includes treatment upgrades to improve recycled water reliability for the Rouse Hill Recycled Water Scheme and maintain waterway health in the Hawkesbury-Nepean River system.
Richards Sydney 2765
A masterplanned precinct in Sydney's north west transforming former industrial land into a mixed use suburb with housing, jobs precincts, town centre and green space. Led by Sakkara, the 285ha site aims to deliver new homes, employment land, community facilities and open space in line with NSW planning for Riverstone and Riverstone East precincts.
Akuna Vista (Nirimba Fields)
Master planned community comprising approximately 1,100 residential lots with 200 homes for Defence members. 136-hectare site includes sport and recreational facilities, community parks, multi-purpose sports courts, and a new K-6 Public Primary School. Village Centre with retail outlets proposed.
Schofields Precinct Development
Established large-scale residential and mixed-use precinct development in the Schofields area, part of the North West Growth Area delivering up to 2,950 new homes with 61 hectares of conservation land. Features improved road network, new primary school, neighbourhood centre, recreational facilities, community facilities, schools, and transport infrastructure with multiple private developers including ALAND. The development includes enhanced transport connections with the Schofields railway station opened in 2011.
Landcom Schofields Affordable Housing
Innovative affordable housing project by Landcom located 1.4km from Schofields Railway Station, showcasing diverse housing types including terraces, manor homes, compact housing and apartments. Features sustainable design with 20% more green space and tree cover than typical developments, community gardens, and social infrastructure to support growing families in Schofields. The project provides quality homes for first home buyers and low-to-moderate income families in the growing Schofields area. Civil works completed in 2024 with housing construction commencing 2025.
Riverstone Community Resource Hub and Aquatic Facility
Proposed integrated community hub and aquatic facility in Riverstone (Blacktown LGA), combining a library, flexible community spaces, indoor recreation, cultural/performance space, child and family services, cafe, and an aquatic centre with a 50m pool, learn-to-swim, hydrotherapy and leisure pools, spa and sauna. As of Aug 2025, the broader Riverstone Town Centre rezoning is on public exhibition and Council is progressing aquatic upgrades across the LGA; no specific DA/approval for this combined hub is published.
Employment
Employment conditions in Riverstone demonstrate strong performance, ranking among the top 35% of areas assessed nationally
Riverstone has a well-educated workforce. Professional services are strongly represented with an unemployment rate of 3.6%.
There was estimated employment growth of 6.7% over the past year. As of June 2025, 10,414 residents were employed while the unemployment rate was 0.6% below Greater Sydney's rate of 4.2%. Workforce participation in Riverstone was 66.6%, compared to Greater Sydney's 60.0%. The dominant employment sectors among residents include health care & social assistance, construction, and retail trade.
Construction is particularly specialized with an employment share of 1.4 times the regional level. In contrast, professional & technical employs only 8.0% of local workers, below Greater Sydney's 11.5%. Employment opportunities locally may be limited as indicated by Census data. Over the 12 months to June 2025, employment increased by 6.7% while labour force increased by 6.5%, resulting in a fall in unemployment by 0.2 percentage points. Greater Sydney recorded employment growth of 2.6%, labour force growth of 2.9%, with unemployment rising 0.3 percentage points during this period. Jobs and Skills Australia's national employment forecasts from May 2025 suggest potential future demand within Riverstone. These projections estimate national employment growth of 6.6% over five years and 13.7% over ten years, but growth rates differ significantly between industry sectors. Applying these industry-specific projections to Riverstone's employment mix suggests local growth of approximately 6.6%% over five years and 13.6% over ten years.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
Riverstone's median income among taxpayers was $65,869 and average income stood at $77,780 in financial year 2022, according to the latest ATO data aggregated by AreaSearch. These figures compare to Greater Sydney's median of $56,994 and average of $80,856 respectively. By September 2025, based on Wage Price Index growth of 12.61%, current estimates would be approximately $74,175 (median) and $87,588 (average). Census data reveals household, family, and personal incomes all rank highly in Riverstone, between the 75th and 82nd percentiles nationally. Income brackets indicate that 40.5% of locals (8,443 people) fall into the $1,500 - 2,999 weekly category, similar to the metropolitan region where this cohort represents 30.9%. Higher earners make up a substantial presence with 30.8% exceeding $3,000 weekly. High housing costs consume 20.3% of income, but strong earnings still place disposable income at the 75th percentile. The area's SEIFA income ranking places it in the 7th decile.
Frequently Asked Questions - Income
Housing
Riverstone is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Riverstone's dwelling structure, as per the latest Census, consisted of 96.5% houses and 3.5% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metro had 84.9% houses and 15.1% other dwellings. Home ownership in Riverstone was higher at 16.9%, with mortgaged dwellings at 48.5% and rented ones at 34.6%. The median monthly mortgage repayment was $2,600, below Sydney metro's average of $2,700. Median weekly rent in Riverstone was $490, compared to Sydney metro's $540. Nationally, Riverstone's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Riverstone features high concentrations of family households, with a lower-than-average median household size
Family households constitute 83.5% of all households, including 47.1% couples with children, 21.4% couples without children, and 13.4% single parent families. Non-family households comprise the remaining 16.5%, with lone person households at 13.9% and group households accounting for 2.7%. The median household size is 3.0 people, which is smaller than the Greater Sydney average of 3.3.
Frequently Asked Questions - Households
Local Schools & Education
Riverstone performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes
The area's university qualification rate is 32.5%, significantly lower than the SA3 area average of 44.8%. Bachelor degrees are the most common at 21.5%, followed by postgraduate qualifications (9.0%) and graduate diplomas (2.0%). Vocational credentials are prevalent, with 32.9% of residents aged 15+ holding them - advanced diplomas account for 10.1%, certificates for 22.8%. Educational participation is high at 31.6%, including 11.5% in primary education, 7.4% in secondary education, and 4.7% pursuing tertiary education.
Eleven schools serve 5,324 students, with typical Australian school conditions (ICSEA: 1023) offering balanced educational opportunities. The area has five primary, one secondary, and five K-12 schools, functioning as an education hub with 25.5 school places per 100 residents, attracting students from surrounding communities. Note: for schools showing 'n/a' in enrolments, please refer to the parent campus.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Riverstone has 108 active public transport stops offering a mix of train and bus services. These are served by 47 different routes that collectively facilitate 4,626 weekly passenger trips. The transport accessibility is deemed good, with residents typically situated 226 meters from the nearest stop.
On average, service frequency stands at 660 trips per day across all routes, translating to about 42 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Riverstone's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions
Riverstone's health outcomes show excellent results, with younger age groups having a very low prevalence of common health conditions.
Private health cover is exceptionally high at approximately 59% of the total population, which consists of 12,259 people. The most prevalent medical conditions in the area are asthma and mental health issues, affecting 7.5% and 6.9% of residents respectively. A total of 76.1% of residents report being completely free from medical ailments, compared to 80.0% across Greater Sydney. Riverstone has 7.4% of its population aged 65 and over, comprising 1,551 people.
Frequently Asked Questions - Health
Cultural Diversity
Riverstone is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Riverstone has a high level of cultural diversity, with 34.2% of its population born overseas and 33.8% speaking a language other than English at home. Christianity is the predominant religion in Riverstone, comprising 51.6% of the population. Hinduism, however, is overrepresented compared to the Greater Sydney average, making up 11.3% of Riverstone's population versus 20.2%.
In terms of ancestry, Australian is the top group at 21.6%, substantially higher than the regional average of 15.0%. English follows with 18.8%, also above the regional average of 13.2%. The Other category comprises 17.0%, notably lower than the regional average of 22.0%. Some ethnic groups are notably divergent in their representation: Filipino at 4.5% (versus 6.2% regionally), Maltese at 2.9% (versus 1.7%), and Indian at 6.9% (versus 16.9%).
Frequently Asked Questions - Diversity
Age
Riverstone hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Riverstone's median age is 32 years, which is notably younger than Greater Sydney's average of 37 and the national average of 38. Compared to Greater Sydney, Riverstone has a higher proportion of residents aged 35-44 (20.2%) but fewer residents aged 65-74 (4.3%). This concentration of 35-44 year-olds is significantly higher than the national average of 14.2%. According to data from the 2021 Census, the proportion of residents aged 35-44 has increased from 17.0% to 20.2%, while those aged 5-14 have risen from 14.3% to 16.4%. Conversely, the proportion of residents aged 25-34 has decreased from 19.3% to 16.1%. By 2041, demographic modeling suggests that Riverstone's age profile will change significantly. The 45-54 cohort is projected to grow by 305%, adding 7,244 residents and reaching a total of 9,623.