Side by sideSuburb comparison

Boat Harbour vs Richmond Hill.

Comparing two suburbs with median house prices of $1,290,000 and $1,125,000. Boat Harbour edges out on more headline metrics in this comparison.

Richmond Hill (median $1,125,000) is roughly 15% cheaper to buy into than Boat Harbour ($1,290,000). Over the past year, Boat Harbour (+17.3%) ran 4.8 percentage points ahead of Richmond Hill (+12.5%) on house-price growth.

On school quality, the average ICSEA across schools serving Boat Harbour (998) sits above Richmond Hill (985).

The takeWhich suburb suits which buyer

For buyers

Richmond Hill is the lower entry point at $1,125,000 median, 15% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Investors face a yield-versus-growth split: Richmond Hill delivers the better gross yield (2.87% vs 2.50%), but Boat Harbour has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.

For families

Boat Harbour edges out on average school ICSEA (998 vs 985).

Common questionsBoat Harbour vs Richmond Hill

Common questions

Is Boat Harbour or Richmond Hill cheaper to buy in?

Richmond Hill has the lower median house price at $1,125,000, roughly 15% below Boat Harbour ($1,290,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Boat Harbour or Richmond Hill?

Over the past 12 months, Boat Harbour grew +17.3% vs +12.5% in Richmond Hill, a gap of 4.8 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Boat Harbour or Richmond Hill have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Boat Harbour scores 998 vs 985 in Richmond Hill. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Boat Harbour or Richmond Hill?

Gross rental yield on houses is 2.87% in Richmond Hill vs 2.50% in Boat Harbour. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Boat Harbour
Metric
Richmond Hill

Price & Market

$1,290,000
Median house
$1,125,000
$240,480
Median unit
$240,480
+17.3%
Annual growth (house)
+12.5%
Days on market

Rental

$620/wk
Rent (house / wk)
$620/wk
$435/wk
Rent (unit / wk)
$435/wk
Owner occupied
91.0%
Renter occupied
7.0%

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
0
Bike score
0
Population
850
Median age
52

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
998
Avg ICSEA
985

Climate

1304 mm
Annual rainfall
1304 mm
28.9°C
Mean max (Jan)
28.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).