Suburb Profile Report for Riverhills QLD (4074)

Riverhills House: Median price $575,000, Annual capital growth 3.01%, Number of sales 91, Weekly median advertised rent $450

Riverhills Unit: Median price $360,000, Annual capital growth 1.83%, Number of sales 11, Weekly median advertised rent $400

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 14.77% for the last year, Riverhills, 4074 is the 1699th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Riverhills comes in at number 395th in QLD.

The most recent median price for Riverhills is $575000, with sellers offering an average of -2.86% off the asking price.

Often selling an investment property can take time, and in Riverhills the average time real estate has been on the market is 30.5789 days.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 3.01%, investors should hope to achieve an overall return of 4.07%

Comparing Riverhills,4074 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

With the median price for a house in Riverhills being $360000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 5.78%

Metrics i HOUSE UNIT
$575,000 $360,000
7.48% -0.76%
14.77% N/A
3.01% 1.83%
$450 $400
91 11
4.07% 5.78%
30.5789473684211 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (U), Very 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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