Suburb Profile Report for Riverhills QLD (4074)

Riverhills House: Median price $450,000, Annual capital growth 3.92%, Number of sales 75, Weekly median advertised rent $400

Riverhills Unit: Median price $357,500, Annual capital growth 0.08%, Number of sales 17, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 1.98% which means that Riverhills, 4074 has done well for property investors by showing a capital gain of 0.67% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Riverhills comes in at number 516th in QLD.

LACK OF BUYER INTEREST may well be the reason that Riverhills is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 577th in terms of most discounted suburbs in QLD

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 3.92%, investors should hope to achieve an overall return of 4.62%

Giving property investors a an average capital gain of 3.62% for the last year, Riverhills, 4074 is the 807th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Riverhills has given property investors a paper return of 1.06%. This puts Suburb as 122 on a list of fastest fasting appreciating suburbs in QLD

Riverhills, 4074 is offering QLD ‘s 249th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.

At number 1281 in a list of fastest selling suburbs, Riverhills is in the bottom 20% of suburbs in Australia with an average of days on market 113.05 for properties listed there.

Advertised rents are around the $385 mark per week – giving a return of 5.60% based on the median price in Suburb

HOUSE UNIT
$450,000 $357,500
1.58% 1.06%
0.67% 3.62%
3.92% 0.08%
$400 $385
75 17
4.62% 5.60%
52.75 113.05

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Riverhills QLD
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
Chart Table
Recent sales & rentals