Richmond Hill, NSW 2480
Ballina Shire CouncilAll suburbs in postcode 2480
Updated
Median house price
$1,125,000
+12.5% over the past year.
Median of 12 house sales · NSW Valuer General · calendar 2025
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Richmond Hill at a glance
- Median unit
- $240,480
- Weekly rent
- $620
- Houses · units $435
- Population
- 850
- Median age 52
Prices: Median of 12 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2480), June 2026 · Population: 2021 Census
House prices in Richmond Hill
Houses change hands at $1,125,000 on a typical sale, in line with the NSW median (12 house sales, NSW Valuer General, calendar 2025). Units come in around $240,480, roughly 79% below the house median. The last 12 months delivered strong growth (+12.5%), well clear of the long-run average for the state.
For sellers
Twelve-month growth is +12.5%, supporting confident pricing at the upper end of recent comparables.
For buyers
A 20% deposit on the median house works out to roughly $225,000. Prices are in line with the NSW median, so the broader state lending settings apply.
Rental data as of June 2026· NSW rental bond data (postcode 2480)
Free appraisal in Richmond Hill
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What to know about Richmond Hill
Richmond Hill (2480) sits in the Ballina region of NSW. The median house here is $1,125,000, in line with the NSW median of around $1.10M. Prices have moved +12.5% over the past year, well clear of the NSW average (3%).
Richmond Hill has roughly 850 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Richmond Hill scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 29°C (warm), winter mornings around 8°C (mild). Annual rainfall lands at about 1,355 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 8 government primary, 3 government secondary, 3 Catholic, 5 independent.
Schools in Richmond Hill
Schools serving Richmond Hill: government first, then Catholic and independent.
Government schools
© ACARA, licensed under CC BY 4.0.
Location
Walkability
- Walk
- 0/100
- Transit
- 0/100
- Bike
- 0/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Richmond Hill's population at 850, with a median age of 52. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (91% own, 7% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (85% family households, 13% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 85%
- Lone person
- 13%
- Owner occupied
- 91%
- Renter occupied
- 7%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.87% (median rent $620/wk against a $1,125,000 price tag). Units yield 9.41% gross, often the better cash-flow play for first-time investors. Renter share is modest (7%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs. The 12-month growth of +12.5% adds a capital-growth case on top of the yield.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 2.87%
- On the $1,125,000 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 9.41%
- On the $240,480 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- +12.5%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
9 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 1,355 mm
- Hottest month, avg max
- 29.2°C
- Coldest month, avg min
- 8.4°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Richmond Hill
- What is the median house price in Richmond Hill?
- The median house price in Richmond Hill, NSW 2480 is $1,125,000 (median of 12 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $240,480. Annual growth is +12.5%.
- How much is my house worth in Richmond Hill?
- A useful starting point is the Richmond Hill median house price of $1,125,000 (units $240,480). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Richmond Hill a good investment?
- On the published figures, the gross rental yield on houses in Richmond Hill is 2.9%: the median weekly house rent is $620 (NSW rental bond data (postcode 2480), June 2026) against the median house price of $1,125,000 (NSW Valuer General, calendar 2025). The median house price rose 12.5% over 12 months on the same NSW Valuer General figures. Whether Richmond Hill is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Richmond Hill postcode?
- Richmond Hill is in the 2480 postcode, in NSW, in the Ballina Shire Council region.
- Where is Richmond Hill?
- Richmond Hill is a suburb in the Ballina Shire Council area, NSW 2480.
- What is the average rent in Richmond Hill?
- The median weekly rent for houses is $620, for units it's $435.
- What schools are in Richmond Hill?
- There are 20 schools serving Richmond Hill on this page, including Vistara Primary School, Summerland Christian College, Bexhill Public School.
- How walkable is Richmond Hill?
- Richmond Hill has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Richmond Hill?
- Richmond Hill is close to Lagoon Grass, Boat Harbour, Howards Grass, Woodlawn, Goonellabah.
- What is the population of Richmond Hill?
- The population of Richmond Hill is approximately 850 (2021 Census). The median age is 52.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.