Suburb Profile Report for Richmond Hill QLD (4820)

Richmond Hill House: Median price $237,500, Annual capital growth 6.27%, Number of sales 19, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Richmond Hill is in the TOP 10% in QLD when comparing median price capital growth over the last year. Richmond Hill gave property investors a very good capital gain figure when compared to the rest of the state, with 28.38%.

Across a shorter period, Richmond Hill, 4820 has seen a median price increase of 1.60% over the last quarter.

The most recent median price for Richmond Hill is $237500, with sellers offering an average of -17.39% off the asking price.

Property investors should expect to get $260 weekly from the median priced house in this suburb.

HOUSE UNIT
$237,500 N/A
1.60% N/A
28.38% N/A
6.27% N/A
$260 N/A
19 N/A
5.69% N/A
148.42 N/A

Source: CoreLogic

DSR Score for property investment : Above 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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