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River Heads
AREA REPORTS

River Heads

River Heads - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4655

house

Based on its average 5-year and quarterly capital gains RIVER HEADS, 4655 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that RIVER HEADS, 4655 obtained a 4.27% growth over a ten-year period. It ranks 2617th on our list of suburbs that property investors should look into.

RIVER HEADS, 4655 in QLD belongs to the local government area of Fraser Coast (R).

RIVER HEADS, 4655 has a capital gain of 40% for the past year, which is higher than average compared to its 40% growth within a five-year period.

With the median home price in RIVER HEADS sitting at $490,000, and the average rent at $420, property owners could potentially earn a 4.46% increase in gross rental yield.

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

A 40% increase in median property prices in RIVER HEADS, 4655 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 93rd.

Data report can be found below

River Heads
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $490,000 N/A
GROWTH REPORT
Median Quarterly 14.49% N/A
Median 12 month 40% N/A
Median 3 years 40% N/A
Median 5 years 40% N/A
10 years average annual 4.27% N/A
Weekly media advert. rent $420 N/A
Time on Market 66.0 days N/A
Gross Rental Yield Percent 4.46% N/A
demographics (median values)*
Total Population
929
Weekly Household Income
605.9
Household Size
2.40
Age
46
Monthly Loan Repayment
910
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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