Suburb Profile Report for Riverhills QLD (4074)

Riverhills House: Median price $470,000, Annual capital growth 4.10%, Number of sales 71, Weekly median advertised rent $413

Riverhills Unit: Median price $347,500, Annual capital growth 11.19%, 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 is an average performer in QLD when comparing median price capital growth over the last year. Riverhills gave property investors a good capital gain figure when compared to the rest of the state, with 5.62%.

If we look at median property appreciation over just the last three months, Riverhills has given property investors a paper return of 3.30%. This puts Suburb as 152 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Riverhills is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 620th in terms of most discounted suburbs in QLD

Riverhills, 4074’s gross rental yield is 4.56%

Riverhills has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.72% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Riverhills comes in at number 233th in QLD.

Vendor discounting in Riverhills is giving property investors an average Vendor Discount of around -4.30%. This puts suburb at number 261th in QLD when ranking the most discounted suburbs.

Property investors should expect to get $390 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$470,000 $347,500
3.30% -0.71%
5.62% 0.72%
4.10% 11.19%
$413 $390
71 16
4.56% 5.84%
45.29 108.95

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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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