Free full calculator โ†’
Suburb Insights ยท QLD 4820

Richmond Hill 4820, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Richmond Hill is a coastal suburb in Queensland, Australia, with a population of approximately 2,453, making it a boutique locality. Located approximately 1072 km from the Brisbane CBD, Richmond Hill is a coastal area in Queensland. The median household income is $67,444 AUD per year (ABS 2021 Census).

Investment Score

36 / 100 Weak

Household earnings in Richmond Hill are below the state average, which may affect long-term capital growth. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Richmond Hill, Queensland, Australia.

Key Indicators

Postcode
4820

Official Australia Post postcode for Richmond Hill. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
2,453

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$230/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$67,444/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
1072 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

Find schools near Richmond Hill on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,083/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
76% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Richmond Hill, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Queensland consistently attract interstate migration and lifestyle buyers. The median rent of $230/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,083/month. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โš ๏ธ
Buy & Hold

Holding property in Richmond Hill over the medium term may deliver steady, if unspectacular, returns.

โŒ
Rental Yield

Richmond Hill's rental market is softer โ€” budget for potential vacancy periods.

โŒ
Renovation / Flip

The resale market in Richmond Hill may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Richmond Hill property

Full Property Analysis

30-year projections for Richmond Hill

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Price movement in Richmond Hill is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental market in Richmond Hill should see steady occupancy, with moderate upward pressure on rents. Richmond Hill is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Richmond Hill a good suburb for investment?

Richmond Hill is a coastal area in Queensland with a population of 2,453. The median rent is $230/week and the median household income is $67,444/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Richmond Hill?

Key demand drivers in Richmond Hill include lifestyle appeal and proximity to the coast. 76% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Richmond Hill?

According to the ABS 2021 Census, Richmond Hill has a population of approximately 2,453. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Richmond Hill from the Brisbane CBD?

Richmond Hill is approximately 1072 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

Explore Nearby Suburbs

Queensland Property Resources