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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In River Heads, the median property price for a house is currently 635,000 with annual capital growth of 9.96 . There were 61 house sales in the past 12 months. On average, houses spend 64 days on market.
If you're thinking about buying an investment property in River Heads, consider that rental yields for houses are currently 4.54 with an average median rent of 560 weekly. Houses have seen 3.25 growth in the past quarter, and 9.96 growth in the past 12 months.
The size of River Heads is approximately 15.8 square kilometres. It has 6 parks covering nearly 2.6% of total area. The population of River Heads in 2011 was 1,295 people. By 2016 the population was 1,532 showing a population growth of 18.3% in the area during that time. The predominant age group in River Heads is 60-69 years.
Households in River Heads are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in River Heads work in a community and personal service occupation. In 2011, 70.3% of the homes in River Heads were owner-occupied compared with 74.9% in 2016.
There were 2 unit sales in the past 12 months.
The size of River Heads is approximately 15.8 square kilometres. It has 6 parks covering nearly 2.6% of total area. The population of River Heads in 2011 was 1,295 people. By 2016 the population was 1,532 showing a population growth of 18.3% in the area during that time. The predominant age group in River Heads is 60-69 years.
Households in River Heads are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in River Heads work in a community and personal service occupation. In 2011, 70.3% of the homes in River Heads were owner-occupied compared with 74.9% in 2016.
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| Key Market Data | House | Unit |
| Median price | 635,000 | – |
| Quarterly growth | +3.25 | – |
| 12-month growth | +9.96 | – |
| Average annual growth | +12.02 | – |
| Weekly median rent | 560 | – |
| Gross rental yield | 4.54 | 5.85 |
| Number of Sales (12m) | 61 | 2 |
| Avg. Days on Market (12m) | 64 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 1,295 | 1,532 |
| Population change (5y) | +39.40 | +18.30 |
| Median household income (p/w) | 855 | 948 |
| Household income change (5y) | +42.50 | +10.88 |
| Median age of persons | 47 | 52 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of River Heads was 1,532 in 2016, a +18.30 change compared to 2011.
The predominant age group in River Heads is 60-69 years.
The population of River Heads was 1,532 in 2016, a +18.30 change compared to 2011.
The predominant age group in River Heads is 60-69 years.
Most of the population in River Heads were born in Australia.
Most of the population in River Heads were born in Australia.
Most of the population in River Heads report their religion as No Religion.
Most of the population in River Heads report their religion as No Religion.
Most of the population in River Heads report their income range as between 33,000 and 52,000 .
The median household income in River Heads was 948 in 2016, a +10.88 change compared to 2011.
Most of the population in River Heads report their income range as between 15,000 and 31,000 .
The median household income in River Heads was 855 in 2011, a +42.50 change compared to 2006.
Most of the population in River Heads work as Community and Personal Service.
Most of the population in River Heads work as Trades.
The chart below demonstrates the various levels of education in River Heads.
The chart below demonstrates the various levels of education in River Heads.
Most of the population in River Heads reached a qualification level of Certificate.
Most of the population in River Heads reached a qualification level of Certificate.
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