Riverhills has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.24% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Riverhills has increased when compared to the 5 year average annual rate.
Vendor discounting in Riverhills is giving property investors an average Vendor Discount of around -5.05%. This puts suburb at number 627th in QLD when ranking the most discounted suburbs.
In the last year 66 properties changed hands in Riverhills, which puts it as the 354th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.
QLD has seen average median house prices change by 1.70% which means that Riverhills, 4074 has done well for property investors by showing a capital gain of 0.72% over the last year
If we look at median property appreciation over just the last three months, Riverhills has given property investors a paper return of -1.77%. This puts Suburb as 264 on a list of fastest fasting appreciating suburbs in QLD
At number 236th of QLD’s most discounted properties, Riverhills is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $385 mark per week – giving a return of 5.76% based on the median price in Suburb