Richmond Valley, NSW

Richmond Valley Council is a local government area in northern New South Wales. The LGA’s property market is small and relatively undeveloped, with most properties being used for agricultural purposes. There is a limited amount of residential property available, with house prices that can me categorised as moderately expensive. The area is popular with retirees and those looking for a quiet, rural lifestyle.

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The region is a major producer of citrus fruit, and also grows other fruits and vegetables, as well as livestock. Tourism is a significant industry, with the region’s many beaches and national parks attracting visitors from around Australia. The LGA has several industrial areas, where businesses produce a range of goods including timber, processed foods, and clothing.

Labourers account for 20.2 % of all jobs in Richmond Valley, followed by technicians and trades workers at 13.2 %, community and personal service workers at 12.1 %, professionals at 12.0 %, and managers at 11.5 %. Richmond Valley residents aged 15 years and above have a median weekly personal income of $491.

In Richmond Valley, 84.1 % of occupied private residences are detached houses, 5.7 % are semi-detached, row or terrace houses, townhouses, or other buildings, 7.4 % are flats or apartments, and 2.5 % are other dwellings.

If you’re thinking of investing in the Richmond Valley property market, here are a few things to keep in mind:

  • The Richmond Valley is a growing region, with plenty of opportunities for growth in the future. This makes it a sound investment option.
  • The region is well-serviced by infrastructure, with good access to schools, hospitals and other amenities.
  • The Richmond Valley is a diverse region, with a range of properties available to suit different needs and budgets with plenty of recreational opportunities available.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Yield chart
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Demand chart
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unit to houses pie charts
Renters to owners pie chart
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IRSAD chart
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Index chart
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

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SOM chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

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DOM chart
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Inventory chart
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Auction chart

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Property Market in Richmond Valley Council, NSW

What other property markets are there near Richmond Valley Council, NSW?

Richmond Valley Council is surrounded by 4 other council areas – Lismore, Ballina, Kyogle, Clarence Valley.

Suburbs/localities in this Local Government Area: Coombell 2470, Coraki 2471, Backmede 2470, Doonbah 2473, East Coraki 2471, Ellangowan 2470, Evans Head 2473, Fairy Hill 2470, Greenridge 2471, Irvington 2470, Kippenduff 2469, Leeville 2470, Mckees Hill 2480, Mongogarie 2470, Myrtle Creek 2469, Naughtons Gap 2470, New Italy 2472, Bentley 2480, North Casino 2470, Rappville 2469, Rileys Hill 2472, Shannon Brook 2470, Six Mile Swamp 2469, Spring Grove 2470, Stratheden 2470, Swan Bay 2471, Tabbimoble 2472, Tatham 2471, The Gap 2472, Upper Mongogarie 2470, West Coraki 2471, Whiporie 2469, Woodburn 2472, Woodview 2470, Wyan 2469, Yorklea 2470, West Bungawalbin 2471, Tomki 2480, Bora Ridge 2471, Broadwater 2472, Bungawalbin 2469, Camira 2469, Casino 2470, Clearfield 2469, Clovass 2480, Codrington 2471

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