Riverhills (postcode 4074) is a smaller suburb in Queensland within the Brisbane local government area. The area has roughly 4,121 residents and a mix of families and early-career residents, with a median age of 36. Households earn a median income of $107K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Riverhills is $835,000, having jumped by 11.3% over the past year. Units have a median price of $570,000 (+15.2% YoY). The current median weekly rent is $695. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,820.
Public transport access includes 9 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Riverhills shows a gross rental yield of approximately 4.3%, rated as moderate yield. Property prices are near the state median ($835K/$1.1M). The price-to-income ratio of 7.8x is considered moderate. House prices have moved +11.3% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.