Richmond Hill
A median house price of $295,000 in a postcode where household income sits at the 30.8th percentile nationally makes Richmond Hill one of regional Queensland's more affordable entry points, but the 13.2% vacancy rate signals that demand is not outstripping supply. The suburb spans 4.25 km2 with 2,453 residents and a density of 577 people per km2, well below the urban norm. Education and healthcare together employ nearly half the local workforce, which is unusual for a town of this size and reflects Richmond Hill's role as a regional service centre rather than a resource extraction camp, even though mining accounts for 12% of jobs.
Population
2,453
Median Age
39.0
Household IncomeiMedian weekly household income (ABS Census)
$1,297/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$295K
Estimated from rent (2025)
At $295,000, the median house price is substantially below the Queensland state median, making Richmond Hill accessible to buyers priced out of coastal markets. Monthly mortgage repayments of $1,083 translate to a mortgage-to-income ratio of 19.3%, which sits below the 30% stress threshold despite household income in just the 30.8th percentile nationally. The stock is overwhelmingly detached houses at 87.2%, with semi-detached at 11%. Three-bedroom homes dominate at 48.7% of dwellings, followed by four-plus bedrooms at 26.1%, giving buyers more space per dollar than they would find closer to Brisbane. Outright owners represent 39% of households, higher than typical mortgage-belt areas, pointing to a settled, long-tenure base.
For Buyers
At $295,000, the median house price is substantially below the Queensland state median, making Richmond Hill accessible to buyers priced out of coastal markets. Monthly mortgage repayments of $1,083 translate to a mortgage-to-income ratio of 19.3%, which sits below the 30% stress threshold despite household income in just the 30.8th percentile nationally. The stock is overwhelmingly detached houses at 87.2%, with semi-detached at 11%. Three-bedroom homes dominate at 48.7% of dwellings, followed by four-plus bedrooms at 26.1%, giving buyers more space per dollar than they would find closer to Brisbane. Outright owners represent 39% of households, higher than typical mortgage-belt areas, pointing to a settled, long-tenure base.
For Investors
The 13.2% vacancy rate is the clearest risk signal for investors considering Richmond Hill. Weekly rent of $230 against a $295,000 median implies a gross yield near 4.1%, which is higher than many urban markets, but the high vacancy means that yield is theoretical for a property sitting empty. The renter share of 37.2% is reasonable for a regional centre. At a population of only 2,453 and a participation rate of 41.8%, the tenant pool is shallow compared to state averages. Development activity recorded 0 applications in the past 12 months, so there is no near-term supply pressure from new builds, but the absence of development also reflects limited investor and developer confidence.
Schools in Richmond Hill iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Richmond Hill State School
Prep-6 · 191 students
Demographics
The median age of 39 is one year below the national figure, making Richmond Hill slightly younger on average compared to the broader Australian population. University qualifications reach only 20.7%, which is 9.4 percentage points below the national rate, consistent with an economy led by frontline education and healthcare roles rather than professional services. Overseas-born residents account for just 8.6%, which is 13 percentage points below the national figure, indicating a predominantly locally-born population. English, Irish and Scottish ancestry collectively account for the majority of identified ancestries. The average household size of 2.3 is 0.2 below national, reflecting a moderate share of couples without children at 30.7% of families.
Age Distribution
Bedrooms
Dwelling Structure
87.2%
Houses
11.0%
Townhouse
N/A
Apartment
Tenure
Owner-occupier tenure splits into outright owners at 39% and mortgage holders at 23.8%, leaving renters at 37.2%, a tenure structure more balanced than many rural Queensland towns where ownership rates tend to be higher. Rent-to-income sits at 17.7% and mortgage-to-income at 19.3%, both comfortably below stress thresholds, which means housing costs are proportionate to local incomes. The stock is dominated by separate houses at 87.2%, with semi-detached properties making up 11%. Three-bedroom dwellings account for nearly half of all homes at 48.7%, while four-plus bedroom homes represent 26.1%, indicating the housing supply is sized for families. The median price of $295,000 reflects the regional location rather than constrained supply.
Mortgage / mo
$1,083
Rent / wk
$230
HH Size
2.3
Personal Income / wk
$567
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
13.2%
Unoccupied
115
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
17.7%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
19.3%
Community Profile
Ancestry
Household Composition
30.7%
Couples, no children
1,329
Total families
Economy & Employment
Education is the single largest employer at 28.1% of the local workforce, with 143 workers, a share that is disproportionately high relative to most Australian suburbs and points to Richmond Hill's role as a regional education hub. Healthcare follows at 17.9%, and together these two sectors employ nearly half of employed residents. Mining contributes 12% of jobs, with public administration adding another 8.3%. By occupation, Professionals lead with 174 workers, followed by Community and Personal Service at 106. The unemployment rate of 6.3% is above typical metropolitan levels, and the participation rate of just 41.8% is low, partly reflecting 819 residents not in the labour force. Household income sits at the 30.8th percentile nationally, consistent with a regional economy anchored in public-sector wages.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
68.2%
Part-time
25.5%
Participation
41.8%
Employed
755
Occupations
Top Industries
University
20.7%
Postgraduate
4.9%
Born Overseas
8.6%
Dwellings
757
Transport to Work
Car dependency is high, with 80.2% of residents driving to work, compared to most capital city suburbs where that figure is significantly lower. Active transport at 8.6% walking and cycling is meaningful for a regional town where infrastructure for non-car movement is typically limited. Public transport is used by only 4.2% of commuters. No schools are recorded inside the Richmond Hill boundary in this dataset. The volunteering rate of 18.3% indicates a relatively engaged community for a suburb of this size. Rent-to-income at 17.7% and mortgage-to-income at 19.3% are both below stress thresholds, meaning housing affordability is not a structural burden on residents despite incomes sitting at the 30.8th percentile nationally.
Drive
80.2%
Public Transport
4.2%
Walk / Cycle
8.6%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Richmond Hill compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Richmond Hill a good suburb to live in?
Richmond Hill offers affordable housing at a $295,000 median house price with mortgage-to-income at 19.3%, well below the 30% stress threshold. The suburb has 2,453 residents, a dominant separate house stock at 87.2%, and a volunteering rate of 18.3%. The main trade-off is a high 13.2% vacancy rate and limited public transport, with 80.2% of residents driving to work.
What is the median house price in Richmond Hill?
The median house price is estimated at $295,000 based on 2025 rental data. Weekly rent averages $230 and monthly mortgage repayments sit at approximately $1,083. The mortgage-to-income ratio of 19.3% is below the national stress threshold of 30%, making it accessible relative to household income in the 30.8th percentile nationally.
What schools are in Richmond Hill?
No schools are recorded inside the Richmond Hill boundary in this dataset. University qualification rates locally sit at 20.7%, which is 9.4 percentage points below the national average. Families would rely on educational facilities in surrounding areas within the 4820 postcode or nearby Cloncurry.
Is Richmond Hill safe?
Detailed crime rate data for Richmond Hill is not available in this dataset. As an indirect indicator, the need-for-assistance rate is 11.9%, covering 259 residents, which is elevated compared to lower-disadvantage suburbs. Household income sits at the 30.8th percentile nationally, suggesting a working-class community where economic pressure can correlate with higher property crime in comparable regional towns.
Is Richmond Hill good for property investment?
The gross yield calculation against a $295,000 median and $230 weekly rent implies roughly 4.1%, higher than many coastal markets. However, the 13.2% vacancy rate is a significant risk, meaning properties may sit empty. There were 0 development applications in the past 12 months, limiting new supply pressure but also reflecting low developer confidence in the market.
How is Richmond Hill's population changing?
Richmond Hill has a population of 2,453 with a residential turnover rate of 29.5% over the census period, meaning nearly 1 in 3 households changed. The 70.5% of residents who stayed suggests a stable core. With a 6.3% unemployment rate above national levels and a participation rate of just 41.8%, natural population growth is constrained by limited local economic expansion.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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