Suburb Profile Report for Riverhills QLD (4074)

Riverhills House: Median price $473,250, Annual capital growth 3.72%, Number of sales 64, Weekly median advertised rent $415

Riverhills Unit: Median price $330,000, Annual capital growth -0.38%, Number of sales 13, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Riverhills has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.83%

Taking the average capital gain, or increase in median house value, Riverhills,4074 has racked up an average of 6.83% over the period. This ranks it number 2743th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -5.64% to buyers in Riverhills at the moment, which is less than average for the rest of QLD.

Riverhills is 425th on a list of best yielding suburbs for rents in QLD with a 4.56% return

Property investors who have had real estate in Riverhills, 4074 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.71%

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Riverhills, 4074. Typically our figures indicate that -4.01% is being offered, which puts this QLD suburb at 1024th most discounted overall in Australia.

Property investors should expect to get $385 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$473,250 $330,000
1.23% -8.33%
6.83% -6.71%
3.72% -0.38%
$415 $385
64 13
4.56% 6.07%
53.41 66.18

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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