Over the last year, property investments in Riverhills, 4074 have given investors a capital gain of 5.62%. This compares favourably with the 2.41% for QLD as a whole.
If we look at median property appreciation over just the last three months, Riverhills has given property investors a paper return of 0.00%. This puts Suburb as 469 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 -7.10. This rate of discount on properties puts Suburb at number 532th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Riverhills the average time real estate has been on the market is 54.84 days.
A $412.5 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 3.80%.
Investment property in Riverhills has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.86%
The most recent median price for Riverhills is $345000, with sellers offering an average of -4.00% off the asking price.
Riverhills, 4074’s gross rental yield is 5.88%