Suburb Profile Report for Riverhills QLD (4074)

Riverhills House: Median price $460,000, Annual capital growth 3.85%, Number of sales 70, Weekly median advertised rent $415

Riverhills Unit: Median price $347,500, Annual capital growth 6.85%, Number of sales 16, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Riverhills has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.77% to date .

Taking the average capital gain, or increase in median house value, Riverhills,4074 has racked up an average of 0.77% over the period. This ranks it number 2982th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Riverhills is giving property investors an average Vendor Discount of around -4.95%. This puts suburb at number 662th in QLD when ranking the most discounted suburbs.

The QLD suburb of Riverhills, 4074 is in the Brisbane local government area.

At number 1028th in the list of Australian suburbs ordered by increase in median house value over the last year, Riverhills, 4074 is in the BOTTOM 50% with a property value increase of 0.58% recorded in median house prices.

Riverhills,4074 was ranked 1294 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -4.51% to buyers in Riverhills at the moment, which is less than average for the rest of QLD.

Renters in Suburb are facing rents around $4680 per annum or $390 every week.

HOUSE UNIT
$460,000 $347,500
3.02% -1.77%
0.77% 0.58%
3.85% 6.85%
$415 $390
70 16
4.69% 5.84%
48.84 112.4

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 3818
Median household income ($/weekly) 1673
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 499 13.1
    25-34 years 633 16.6
    35-44 years 560 14.7
    45-54 years 530 13.9
    55-64 years 450 11.8
    Others 1148 30.1
    Age Group
    Census Count Percent(%)
    Registered Married 1468 51.9
    Not Married 1088 38.5
    Defacto Relationship 273 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2550 69.0
    Papua New Guinea 165 4.5
    South Africa 70 1.9
    United Kingdom 270 7.3
    Other 212 5.7
    Others 431 11.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 114 3.2
    Christianity 2366 66.8
    Hinduism 106 3.0
    Islam 68 1.9
    No Religion 850 24.0
    Others 39 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 105 8.4
    $1,250-$1,499 112 8.9
    $1,500-$1,999 203 16.2
    $2,000-$2,499 194 15.5
    $2,500-$2,999 121 9.7
    Others 517 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1414 48.6
    Not in the labour force 674 23.1
    Employed, worked part-time 581 20.0
    Employed, away from work 130 4.5
    Unemployed, looking for work 113 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 242 11.4
    Professionals 508 23.8
    Technicians & trades workers 332 15.6
    Community & personal service workers 222 10.4
    Clerical & administrative workers 371 17.4
    Others 455 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 55 5.8
    Infants/Primary 333 35.0
    Secondary 242 25.4
    Technical or Further Educational Institution 69 7.2
    University or other Tertiary Institutions 220 23.1
    Others 33 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3449 93.9
    Semi-detached, row or terrace house, townhouse 220 6.0
    Flat, unit or apartment 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 636 47.3
    Fully owned 373 27.7
    Rented 333 24.7
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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