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Richmond Valley
NSW, 2472

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

Household Makeup

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

Housing Stock

Average Property Prices

1 Bed  $498,000
2 Bed  $553,000
3 Bed  $788,000
4 Bed  $1,161,000
5 Bed  $1,189,000

Richmond Valley Real Estate Market Outlook

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.

Houses for sale Richmond Valley

McGrath 22 RILEYS HILL RD, BROADWATER, NSW, 2472 Beds3 Bathrooms2 Parking 4 $775,000 to $825,000
McGrath 88 RILEYS HILL RD, BROADWATER, NSW, 2472 Beds4 Bathrooms3 Parking 3 Guide $850,000 - $900,000

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Richmond Valley weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan521.12866.994.63.824.9
Feb6.321.327.965.695.44.521.7
Mar4.220.427.466.897.14.118.3
Apr5.317.225.063.496.04.015.6
May3.913.522.063.395.13.412.6
Jun4.711.720.45993.33.511.1
Jul2.610.720.452.491.23.312.2
Aug2.610.921.545.589.83.615.6
Sept1.113.823.350.891.03.818.5
Oct3.116.224.558.893.14.021.7
Nov1.918.426.558.493.34.025.0
Dec2.619.827.262.994.63.925.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

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
11-05-2021 $760,000 48 RILEYS HILL RD
23-04-2021 $100,000 8 PACIFIC HWY

Internet Speed


Nearby Suburbs

BroadwaterRileys HillKilginGoat IslandCabbage TreeCabbage Tree IslandBagotvilleDungarubbaDoonbahBuckendoon

Public Transport


General Points of Interest

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