OA Logo Green
search icon

Get a property report and suburb profile for any property in Riverhills

Please select your suburb from the drop down

Join the 2 million Australians* who use our services every year.

Geo Page

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

Riverhills has experienced robust growth in its property market over the past 12 months. House values have surged by 12.9%, with the median house price reaching $920,000. Similarly, unit values have increased by 12%, bringing the median unit price to $244,000. This indicates a strong demand for both property types in the area.

Sales activity has been relatively low, with 9 houses and just 1 unit sold in the past three months. However, houses are selling quickly, with a median of 21 days on the market, while units are taking longer at 36 days, suggesting a more cautious approach from unit buyers.

The rental market in Riverhills has also seen notable increases, with house rents rising by 8.3% and unit rents by 5.1% over the last 12 months, reflecting a healthy demand for rental properties in the suburb.

Median price - houses$920KPast 3 months

Median price - units$244KPast 3 months

Change in value - houses12.9%12 months

Change in value - units12.0%12 months

Houses sold9Past 3 months

Units sold1Past 3 months

Median DOM - houses21Past 12 months

Median DOM - units36.5Past 12 months

Average rent - houses$650Past 12 months

Average rent - units$415Past 12 months

Change in rent - houses8.3%Past 12 months

Change in rent - units5.1%Past 12 months

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 moderate growth, with house rents increasing 8.3% over the past year to $650 per week, while unit rents have risen 5.1% to $415 per week. With its family-friendly environment and proximity to essential amenities, Riverhills continues to attract renters and investors seeking a balanced lifestyle in a suburban setting.

Suburbs near Riverhills

Some popular suburbs near Riverhills include:

  • Goodna: Known for its historical significance and diverse community, Goodna is located to the southwest of Riverhills.
  • Richlands: Featuring a mix of residential and industrial areas with convenient transport links, Richlands is situated to the southeast of Riverhills.
  • Kenmore: Known for its leafy environment and family-friendly atmosphere, Kenmore lies to the northeast of Riverhills.
  • Oxley: Offering a blend of suburban charm and modern amenities, Oxley is located to the east of Riverhills.
  • Durack: Known for its multicultural community and spacious parks, Durack is situated to the southeast of Riverhills.

Common questions about Riverhills

  • Is Riverhills a nice place to live?

    Riverhills is a delightful suburb that offers a serene and welcoming environment, making it a fantastic place to live. Its peaceful, leafy streets and proximity to the Brisbane River create a tranquil setting that is perfect for families and those seeking a quiet suburban lifestyle. The suburb is known for its strong community spirit, with a variety of local amenities such as parks, schools, and shopping centers that cater to the needs of its residents. This makes Riverhills an attractive choice for families looking for a safe and nurturing environment to raise their children.

    The suburb's vibe is characterized by its family-friendly atmosphere and a sense of community that is both warm and inviting. Riverhills is well-connected to the city, offering easy access to Brisbane's CBD via the Centenary Highway, which is a significant advantage for those who commute for work. While it may not have the bustling nightlife of inner-city areas, Riverhills compensates with its abundance of green spaces and recreational opportunities, providing plenty of options for outdoor activities and relaxation.

    For families, Riverhills offers a harmonious blend of suburban convenience and natural beauty, with good schools and a safe environment that supports a comfortable lifestyle. However, one trade-off of living in Riverhills might be the limited rental market, which could pose a challenge for those not looking to buy property. Additionally, while the suburb is well-served by local amenities, residents may need to travel to nearby areas for more extensive shopping and entertainment options. Overall, Riverhills is a charming suburb that provides a peaceful and family-oriented lifestyle, making it a lovely place to call home.

    Down Pointer

  • Is it expensive to live in Riverhills?

    Living in Riverhills can be moderately expensive, especially when you consider the property market. The median house price is currently $875,000, which is a significant investment. Units are more affordable with a median price of $244,000, making them an attractive option for those looking to enter the property market without the hefty price tag of a house.

    Renting in Riverhills is also on the higher side, with the average rent for houses being $640 per week and $415 for units. This is something to consider if you're planning to rent, as it will take a considerable portion of your income. The average wage in Riverhills is about $93,000 per year, which is relatively high compared to other areas. However, when you compare this to the average household income in Queensland, which is slightly lower, living in Riverhills could be seen as a bit of a stretch for those earning closer to the state average.

    Overall, while Riverhills offers a pleasant suburban lifestyle with its parks and community feel, the cost of living, particularly in terms of housing, can be a bit steep. If you're thinking of living in Riverhills, it's essential to weigh the benefits of the area against the financial commitment required.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
    Down Pointer

  • Is Riverhills a good place to invest?

    Riverhills is showing promising signs as a good place to invest, especially with the recent growth in property values. Over the last 12 months, the median house value has increased by 13.4%, and unit values have risen by 12.0%. This upward trend indicates a strong demand for properties in the area, which is a positive signal for potential investors. The suburb's appeal is likely driven by its family-friendly environment and proximity to essential amenities, making it an attractive option for both buyers and renters.

    In terms of rental income, Riverhills has also seen a steady increase, with house rents rising by 3.2% and unit rents by 3.8% over the past year. This suggests a healthy rental market, providing a reliable source of income for property investors. The combination of rising property values and rental growth makes Riverhills a suburb worth considering for those looking to invest in real estate. Its consistent performance and potential for future growth make it a solid choice for investors seeking both capital appreciation and rental returns.

    Down Pointer
Geo Page

Get a head start and compare top local agents in Riverhills

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
Get a free property reporticon right chevron
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
Get a comparative estimateicon right chevron
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.
Understand your local marketicon right chevron