Suburb Profile Report for Richmond Hill NSW (2480)

Richmond Hill House: Median price $590,000, Annual capital growth 5.17%, Number of sales 20, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Richmond Hill, 2480 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 18.00%.

If we look at median property appreciation over just the last three months, Richmond Hill has given property investors a paper return of -2.48%. This puts Suburb as 1244 on a list of fastest fasting appreciating suburbs in NSW

Richmond Hill2480 is located in NSW which offers an average discount of -5.49% to property investors. Richmond Hill itself is showing figures that indicate -4.05% is the average achievable by property buyers investing in the suburb.

At number 1650 in a list of fastest selling suburbs, Richmond Hill is just in the top half of suburbs in Australia with an average of days on market 75.73 for properties listed there.

Situated 598.60km from the CBD, Richmond Hill is one of Lismore localities in the postcode 2480.

Metrics i HOUSE UNIT
$590,000 N/A
-2.48% N/A
18.00% N/A
5.17% N/A
N/A N/A
20 N/A
N/A N/A
75.73 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 820
Median household income ($/weekly) 1559
Median age of persons 48
Median housing loan repayment ($/monthly) 1863
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 107 13.0
    35-44 years 94 11.5
    45-54 years 151 18.4
    55-64 years 170 20.7
    65-74 years 86 10.5
    Others 212 25.9
    Age Group
    Census Count Percent(%)
    Registered Married 415 66.9
    Not Married 166 26.8
    Defacto Relationship 39 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 699 87.5
    Japan 5 0.6
    Papua New Guinea 10 1.3
    United Kingdom 55 6.9
    Other 13 1.6
    Others 17 2.1
    Country of Birth
    Census Count Percent(%)
    Christianity 608 77.9
    No Religion 155 19.9
    Buddhism 7 0.9
    Hinduism 6 0.8
    Other Religious Groups 4 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 24 9.2
    $800-$999 26 10.0
    $1,500-$1,999 37 14.2
    $2,000-$2,499 28 10.8
    $2,500-$2,999 30 11.5
    Others 115 44.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 238 35.8
    Employed, worked full-time 234 35.2
    Employed, worked part-time 157 23.6
    Employed, away from work 19 2.9
    Unemployed, looking for work 16 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 62 15.2
    Professionals 107 26.2
    Technicians & trades workers 47 11.5
    Clerical & administrative workers 67 16.4
    Sales 37 9.0
    Others 89 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 8 3.9
    Infants/Primary 73 35.8
    Secondary 70 34.3
    Technical or Further Educational Institution 20 9.8
    University or other Tertiary Institutions 27 13.2
    Others 6 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 768 99.4
    House or flat attached to a shop, office 5 0.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 161 56.5
    Being purchased 110 38.6
    Rented 14 4.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals