Suburb Profile Report for Riverhills QLD (4074)

Riverhills House: Median price $470,000, Annual capital growth 4.06%, Number of sales 72, Weekly median advertised rent $410

Riverhills Unit: Median price $358,750, Annual capital growth 8.11%, 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

QLD has seen average median house prices change by 2.51% which means that Riverhills, 4074 has done well for property investors by showing a capital gain of 3.30% over the last year

The five-year average increase in median property values for Riverhills,4074 has given property investors a potential capital gain of 15.62% across each of those five years.

Property buyers and investors in Riverhills 4074 should be seeing an average reduction in asking price of around -5.14% . This means that Riverhills is holding prices well when compared to other suburbs in QLD.

Advertised rents are around the $410 mark per week – giving a return of 4.54% based on the median price in Suburb

Riverhills, 4074 ranked 120th in QLD when comparing growth in median property values or capital gain over the last 12 months. Riverhills is one of 2415 in our list for QLD

While Riverhills,4074 ranked number 64th in QLD for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.

Riverhills4074 is located in QLD which offers an average discount of -6.05% to property investors. Riverhills itself is showing figures that indicate -4.37% is the average achievable by property buyers investing in the suburb.

In the last year 16 properties changed hands in Riverhills, which puts it as the 330th most active market in QLD when comparing the number of sales per suburb.

Riverhills, 4074’s gross rental yield is 5.65%

Metrics i HOUSE UNIT
$470,000 $358,750
1.08% 2.50%
3.30% 3.99%
4.06% 8.11%
$410 $390
72 16
4.54% 5.65%
46.48 100.85

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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Recent sales & rentals