Question 1

Is Richmond Hill a nice place to live?

Accepted Answer

Richmond Hill sits on higher ground close to Mount Isa’s town centre and feels like an established, practical suburb. Streets are dominated by low-set, single-storey homes on generous blocks, often with elevated outlooks, and the area appeals to families and local workers who want easy access to shops, schools and health services while enjoying quieter streets and backyard space.

About 2,453 people live in Richmond Hill, with families the dominant household type and a high share of owner-occupied homes (62.8%). Local parks and community facilities support day-to-day life; Apex Park has been upgraded and its playground reopened. Health services serving the suburb are being upgraded at the nearby Charters Towers Hospital, including a proposed medical imaging building and supporting electrical works while the council continues to advocate for a broader hospital replacement. Whether Richmond Hill suits you depends on whether you value backyard space and easy access to town amenities.

Question 2

Is it expensive to live in Richmond Hill?

Accepted Answer

On the figures for Richmond Hill, housing costs sit above what a typical local household earned at the last Census. A house rent of $450 a week would take about 34.7% of a typical local household's weekly income at the last Census, a sizeable share. The median house price of $465,000 works out to about 6.9 times a typical local annual household income at the last Census, which places buying well above local incomes. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Richmond Hill a good place to invest?

Accepted Answer

Houses in Richmond Hill saw a strong rise in value over the past 12 months, with median house values up 34.9%. House rents also increased, up 13.9% over the year — a strong rise but smaller than the gain in house values, so capital growth outpaced rental income over the 12-month period. Whether that balance suits you depends on whether you are prioritising rental income or capital growth.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$465K	N/A
Change in value Past 12 months	34.9%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	36	N/A
Average rent Past 12 months	$450	N/A
Change in rent Past 12 months	13.9%	N/A

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