If you compare the increase in value of investment property in Richmond Hill, 4820 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -17.95%.
A -32.06% growth in median value for property investors in Richmond Hill,4820 puts this suburb at number 897th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Richmond Hill should be aiming for at least -10.15% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.