Suburb Profile Report for Richmond Hill QLD (4820)

Richmond Hill House: Median price $199,000, Annual capital growth 0.96%, Number of sales 23, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Richmond Hill, 4820 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.74%.

Across a shorter period, Richmond Hill, 4820 has seen a median price increase of -12.53% over the last quarter.

Our latest figures would indicate that property sellers in Richmond Hill are currently offering property investors an average price cut of -13.83% below the asking price at the moment.

Residents and property investors in Richmond Hill have been waiting around 143.11 days to sell a property.

Situated 1071.06km from the CBD, Richmond Hill is one of Charters Towers localities in the postcode 4820.

Metrics i HOUSE UNIT
$199,000 N/A
-12.53% N/A
4.74% N/A
0.96% N/A
N/A N/A
23 N/A
N/A N/A
143.11 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 2775
Median household income ($/weekly) 1064
Median age of persons 36
Median housing loan repayment ($/monthly) 1408
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 473 17.0
    25-34 years 283 10.2
    35-44 years 301 10.8
    45-54 years 260 9.4
    55-64 years 347 12.5
    Others 1111 40.0
    Age Group
    Census Count Percent(%)
    Registered Married 798 50.1
    Not Married 607 38.1
    Defacto Relationship 189 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2427 93.2
    Papua New Guinea 38 1.5
    Philippines 13 0.5
    United Kingdom 49 1.9
    Other 34 1.3
    Others 43 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.4
    Christianity 1928 76.7
    Hinduism 7 0.3
    Islam 6 0.2
    No Religion 558 22.2
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 105 13.8
    $600-$799 83 10.9
    $800-$999 74 9.7
    $1,500-$1,999 96 12.6
    $2,000-$2,499 71 9.3
    Others 331 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 888 44.7
    Employed, worked full-time 672 33.8
    Employed, worked part-time 272 13.7
    Employed, away from work 87 4.4
    Unemployed, looking for work 69 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 218 21.1
    Technicians & trades workers 162 15.7
    Community & personal service workers 118 11.4
    Machinery operators & drivers 145 14.1
    Labourers 97 9.4
    Others 291 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 32 4.5
    Infants/Primary 283 39.6
    Secondary 294 41.1
    Technical or Further Educational Institution 56 7.8
    University or other Tertiary Institutions 36 5.0
    Others 14 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2057 94.1
    Flat, unit or apartment 48 2.2
    Caravan, cabin, houseboat 36 1.6
    House or flat attached to a shop, office 29 1.3
    Semi-detached, row or terrace house, townhouse 15 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 296 35.0
    Fully owned 293 34.6
    Being purchased 246 29.1
    Other tenure type 11 1.3
    Tenure Type
Census 2011, ABS
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