Thinking about buying in Richmond Hill? Now could not be a better time, with just 367 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,679,000 with prices in this suburb ranging from $349,000 to $7,074,000. The aproximate distance to the coast is 21 Km.

Richmond Hill Real Estate Market Outlook

In Richmond Hill there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Richmond Hill is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Richmond Hill changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Richmond Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Richmond Hill we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Richmond Hill a better buying opportunity than it may have been in the past.

Houses for sale Richmond Hill

	69 racecourse rd, richmond hill, qld, 4820	3	2	0	359000
	36 holliman st, richmond hill, qld, 4820	6	2	2	460000
	villa 16, tarcoola village, 30-32 hackett tce, richmond hill, qld, 4820	2	1	1	220000
	9 hilton ct, richmond hill, qld, 4820	4	2	4	450000
	25-27 stubley st, richmond hill, qld, 4820	4	1	2	580000

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General Points of Interest

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