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.