Riverhills suburb profile
Riverhills is a peaceful residential suburb located approximately 15km southwest of Brisbane's CBD, nestled along the Brisbane River. Known for its family-friendly atmosphere, Riverhills offers a mix of spacious homes and leafy streets, making it an attractive choice for families and retirees. The suburb is well-served by local amenities, including parks, schools, and shopping centers, providing convenience and a strong sense of community. With its proximity to the Centenary Highway, Riverhills offers easy access to the city and surrounding areas, making it a desirable location for those seeking a tranquil suburban lifestyle with urban connectivity.
Riverhills property market performance
Property growth+10.2%Past 12 months
Riverhills has experienced a robust property market over the past 12 months, with house values increasing by 12.6%, bringing the median house price to $990,000. The unit market remains largely inactive, with no significant sales or price changes reported. Over the past three months, 20 houses have been sold, with a median time on market of just 25 days, indicating strong demand and quick sales.
The rental market for houses in Riverhills has also seen significant growth, with average rents rising by 12.4% to $700 over the last 12 months. The unit rental market remains inactive, reflecting the limited availability and demand for units in the area.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $995K | N/A |
Change in value Past 12 months | 10.6% | N/A |
Sold Past 3 months | 14 | 1 |
Median days on market Past 12 months | 26 | N/A |
Average rent Past 12 months | $690 | N/A |
Change in rent Past 12 months | 10.4% | N/A |
5 year median price trend for houses and units
Riverhills demographics
Riverhills, located in the western suburbs of Brisbane, offers a serene and family-friendly environment. With a population of 4,121 and a median age of 36, it is a suburb that appeals to both young families and established residents. The area is characterized by its leafy streets and proximity to the Brisbane River, providing a peaceful setting while still being accessible to the city.
The suburb has a strong family presence, with 48.3% of households being couple families with children, and 34.1% being couple families without children. This indicates a community-oriented atmosphere where families can thrive. The median total household income of $2,059 per week suggests a comfortable standard of living, with many residents enjoying the benefits of suburban life while maintaining access to urban amenities.
In terms of property ownership, Riverhills shows a balanced mix. A significant portion of homes, 49.2%, are owned with a mortgage, reflecting a stable and growing community. Additionally, 25.6% of properties are owned outright, indicating long-term residents who have settled in the area. The rental market is relatively small, with 25.2% of properties being rented, which may appeal to those seeking more permanent residency. Overall, Riverhills offers a harmonious blend of community spirit, natural beauty, and suburban convenience.
Riverhills infrastructure, key developments and investment opportunities
Riverhills is experiencing steady growth and development that may impact its property market. The suburb is part of the broader Centenary suburbs area, which is seeing significant infrastructure investment from both state and local governments. A major project underway is the construction of a green bridge over the Brisbane River on Sumners Road, which will enhance connectivity and potentially increase property values in the area.
Additionally, improvements to traffic access from Riverhills to the Centenary Highway and upgrades to public transport facilities are in progress. These developments aim to address some of the suburb's transportation challenges, potentially making it more attractive to commuters. With its family-friendly atmosphere, good schools, and abundance of green spaces, Riverhills continues to appeal to a diverse range of residents, particularly families and professionals seeking a balance between suburban living and city accessibility.
Riverhills rental market trends
The rental market in Riverhills has experienced growth, with house rents increasing by 12.4% over the past year to $700 per week. However, there is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Riverhills continues to attract interest with its suburban appeal and proximity to amenities, making it a desirable location for families and investors.
Suburbs near Riverhills
Some popular suburbs near Riverhills include:
How does Riverhills compare to nearby suburbs?
- Median house prices: Riverhills’s median house price is 38.4% higher than Goodna’s.
- House price growth: Over the past 12 months, house prices in Riverhills have grown 11.0% higher than in Westlake.
- Unit price growth: Over the past 12 months, unit prices in Riverhills have grown 4.6% higher than in Kenmore.
- Selling speed for houses: Properties in Riverhills are selling 55.9% faster than in Westlake.
- House price growth: Over the past 12 months, house prices in Riverhills have grown 14.2% lower than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Riverhills have grown 7.8% lower than the average rate of growth for units across Brisbane.

