Suburb Profile Report for Richlands QLD (4077)

Richlands House: Median price $465,000, Annual capital growth 7.66%, Number of sales 27, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report

Richlands is in the bottom 20% in QLD when comparing median price capital growth over the last year. Richlands gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.82%.

Taking the average capital gain, or increase in median house value, Richlands,4077 has racked up an average of -8.82% over the period. This ranks it number 2432th in the whole country for real estate investors looking at median house price increases.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.86% offered to property buyers. Sellers in Richlands itself are offering an average vendor discount of -6.19% to real estate investors.

Richlands is 319th on a list of best yielding suburbs for rents in QLD with a 4.81% return

Metrics i HOUSE UNIT
$465,000 N/A
-1.06% N/A
-8.82% N/A
7.66% N/A
$430 N/A
27 N/A
4.81% N/A
72.05 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2077
Median household income ($/weekly) 1275
Median age of persons 29
Median housing loan repayment ($/monthly) 2048
Average household size 3
  • Census Count Percent(%)
    5-14 years 312 15.0
    20-24 years 219 10.5
    25-34 years 376 18.1
    35-44 years 290 14.0
    45-54 years 271 13.0
    Others 609 29.3
    Age Group
    Census Count Percent(%)
    Not Married 692 46.7
    Registered Married 622 41.9
    Defacto Relationship 169 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1095 55.4
    Papua New Guinea 184 9.3
    United Kingdom 61 3.1
    Viet Nam 212 10.7
    Other 169 8.6
    Others 254 12.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 213 11.2
    Christianity 1122 58.7
    Hinduism 40 2.1
    Islam 103 5.4
    No Religion 404 21.2
    Others 28 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 60 10.1
    $1,000-$1,249 84 14.1
    $1,250-$1,499 59 9.9
    $1,500-$1,999 85 14.2
    $2,000-$2,499 70 11.7
    Others 239 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 661 43.4
    Not in the labour force 451 29.6
    Employed, worked part-time 265 17.4
    Unemployed, looking for work 79 5.2
    Employed, away from work 66 4.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 163 16.4
    Technicians & trades workers 122 12.3
    Clerical & administrative workers 146 14.7
    Machinery operators & drivers 122 12.3
    Labourers 133 13.4
    Others 309 31.1
    Occupation
    Census Count Percent(%)
    Pre-school 28 5.3
    Infants/Primary 196 37.0
    Secondary 135 25.5
    Technical or Further Educational Institution 50 9.4
    University or other Tertiary Institutions 103 19.4
    Others 18 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1423 71.9
    Semi-detached, row or terrace house, townhouse 479 24.2
    Flat, unit or apartment 76 3.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 360 55.7
    Being purchased 172 26.6
    Fully owned 114 17.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals