Thinking about buying in Richmond Valley? Now could not be a better time, with 730 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $656,000 with prices in this suburb ranging from $78,000 to $1,312,000. Richmond Valley is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $250.00 |
Median Monthly Mortgage | $1539.00 |
Median Persons Per Bedroom | 0.90 |
Average Household Size | 2.00 |
Average Age | 49.00 |
Average Income | $647.00 |
Average Cars Per Dwelling | 1.85 |
Average Properties Within 50M | 12 |
1 Bed  $498,000 |
2 Bed  $553,000 |
3 Bed  $788,000 |
4 Bed  $1,161,000 |
5 Bed  $1,189,000 |
In Richmond Valley 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 Valley 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. Low average earnings from people in Richmond Valley leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Richmond Valley the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
22 RILEYS HILL RD, BROADWATER, NSW, 2472 | 3 | 2 | 4 | $775,000 to $825,000 | |
88 RILEYS HILL RD, BROADWATER, NSW, 2472 | 4 | 3 | 3 | Guide $850,000 - $900,000 |
Broadwater Public School
Cabbage Tree Island Public School
(While the above schools are located with the suburb of Richmond Valley there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5 | 21.1 | 28 | 66.9 | 94.6 | 3.8 | 24.9 |
Feb | 6.3 | 21.3 | 27.9 | 65.6 | 95.4 | 4.5 | 21.7 |
Mar | 4.2 | 20.4 | 27.4 | 66.8 | 97.1 | 4.1 | 18.3 |
Apr | 5.3 | 17.2 | 25.0 | 63.4 | 96.0 | 4.0 | 15.6 |
May | 3.9 | 13.5 | 22.0 | 63.3 | 95.1 | 3.4 | 12.6 |
Jun | 4.7 | 11.7 | 20.4 | 59 | 93.3 | 3.5 | 11.1 |
Jul | 2.6 | 10.7 | 20.4 | 52.4 | 91.2 | 3.3 | 12.2 |
Aug | 2.6 | 10.9 | 21.5 | 45.5 | 89.8 | 3.6 | 15.6 |
Sept | 1.1 | 13.8 | 23.3 | 50.8 | 91.0 | 3.8 | 18.5 |
Oct | 3.1 | 16.2 | 24.5 | 58.8 | 93.1 | 4.0 | 21.7 |
Nov | 1.9 | 18.4 | 26.5 | 58.4 | 93.3 | 4.0 | 25.0 |
Dec | 2.6 | 19.8 | 27.2 | 62.9 | 94.6 | 3.9 | 25.4 |
source: Australian Government Bureau of Meteorology
06-11-2024 | $520,000 | 6 RILEYS HILL RD |
04-11-2024 | $950,000 | 8 WHARF ST |
19-09-2024 | $430,000 | 54 RILEYS HILL RD |
16-08-2024 | $890,000 | 51 RIVER ST |
17-07-2024 | $350,000 | 174 BARAANG DR |
07-06-2024 | $640,000 | 40 LITTLE PITT ST |
31-05-2024 | $985,000 | 235 RILEYS HILL RD |
09-04-2024 | $770,000 | 163 BARAANG DR |
08-03-2024 | $640,000 | 22 LITTLE PITT ST |
22-01-2024 | $911,250 | 56 RILEYS HILL RD |
19-01-2024 | $530,000 | 165 BARAANG DR |
15-12-2023 | $336,000 | 20 RIVER ST |
28-11-2023 | $470,000 | 20 PITT ST |
21-11-2023 | $943,000 | 732 BROADWATER RD |
23-10-2023 | $360,000 | 18 PITT ST |
16-10-2023 | $685,000 | 24 RILEYS HILL RD |
14-09-2023 | $255,000 | 5 GEORGE ST |
30-08-2023 | $780,000 | 30 RIVER ST |
24-07-2023 | $269,000 | 15 GEORGE ST |
13-06-2023 | $480,000 | 22 PITT ST |
09-06-2023 | $1,955,000 | 2 SEA VIEW CRES |
26-05-2023 | $355,000 | 167 BARAANG DR |
05-04-2023 | $400,000 | 48 RILEYS HILL RD |
24-03-2023 | $460,000 | 16 LITTLE PITT ST |
02-03-2023 | $710,000 | 51 RIVER ST |
17-01-2023 | $1,100,000 | 142 BLACKWALL DR |
19-12-2022 | $600,000 | 65 BROADWATER QUARRY RD |
18-11-2022 | $255,000 | 120 BARAANG DR |
23-09-2022 | $400,000 | 6 FLETCHER ST |
19-09-2022 | $255,000 | 216 BARAANG DR |
09-09-2022 | $250,000 | 4 RILEYS HILL RD |
30-08-2022 | $440,000 | 6 BARAANG DR |
11-02-2022 | $650,000 | 175 BARAANG DR |
10-02-2022 | $635,000 | 16 MCDONALD ST |
01-02-2022 | $650,000 | 175 BARAANG DR |
19-01-2022 | $610,000 | 13 BARAANG DR |
14-01-2022 | $711,000 | 3 RIVER ST |
17-12-2021 | $785,000 | 14 RIVER ST |
30-11-2021 | $993,000 | 8 WHARF ST |
22-11-2021 | $945,000 | 690 BROADWATER RD |
19-11-2021 | $590,000 | 110 BARAANG DR |
04-11-2021 | $350,000 | 26 RIVER ST |
15-10-2021 | $1,000,000 | 104 BLACKWALL DR |
12-10-2021 | $650,000 | 14 SIMMONS ST |
17-09-2021 | $550,000 | 102 BARAANG DR |
06-08-2021 | $500,501 | 10 FISCHER ST |
03-08-2021 | $779,000 | 50 RILEYS HILL RD |
25-06-2021 | $395,000 | 96 PACIFIC HWY |
24-06-2021 | $985,000 | 235 RILEYS HILL RD |
15-06-2021 | $850,000 | 670 BROADWATER RD |
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