Riverhills

POSTAL CODE: QLD, 4074
HOUSE

Property investors enjoyed capital gains of 12% over the last 12 months in RIVERHILLS, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 8.12% growth over a ten-year period. It ranks 1126th on our list of suburbs that property investors should look into.

RIVERHILLS, 4074 has a capital gain of 12% for the past year, which is lower than average compared to its 89.37% growth within a five-year period.

With the median home price in RIVERHILLS sitting at $980,000, and the average rent at $690, property owners could potentially earn a 3.66% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in RIVERHILLS are low, as opposed to average gains per annum over the past five years.

RIVERHILLS, 4074 in QLD belongs to the local government area of Brisbane.

Surburb overview

Riverhills, QLD 4074, is a quiet and leafy suburb approximately 15 kilometres southwest of Brisbane's central business district. With a population of around 4,046 as of the 2016 Census, the suburb is known for its family-friendly environment and strong community spirit. The predominant age group in Riverhills is 30-39 years, making it popular among families and young professionals.

Housing in Riverhills is primarily composed of separate houses, with a median house price of around $822,500. Rental properties in the suburb have a median weekly rent of $630, with rental yields for houses at 4.18% and 4.97% for units, indicating a healthy investment market.

Riverhills offers a variety of amenities, including parks, dog parks, skate and BMX tracks, and walking trails along the Brisbane River, which are ideal for outdoor activities. Residents have access to state and private schools, and the suburb’s proximity to Middle Park and Mount Ommaney provides additional shopping and dining options.

Public transportation in Riverhills is limited, with a few bus services connecting it to neighbouring areas. Many residents rely on driving or cycling to the nearby Darra train station to commute to the Brisbane CBD. Despite these challenges, Riverhills remains a desirable location due to its affordability, safety, and peaceful environment.

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