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Richmond Valley, NSW

Home » NSW Real Estate Data » Richmond Valley Council, 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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Suburb Heatmap Analysis

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.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
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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

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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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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