
Richmond Hill is a picturesque semi-rural suburb located just minutes from Lismore in the Northern Rivers region of New South Wales. Known for its rolling hills, expansive properties, and tranquil atmosphere, Richmond Hill appeals to families, retirees, and professionals seeking a peaceful lifestyle with convenient access to urban amenities.
Real Estate Market Overview
As of mid-2025, Richmond Hill's property market demonstrates robust performance. The median house price stands at approximately $1,100,000, reflecting a 10% increase over the past year . This growth indicates a strong demand for properties in the area.realestate.com.au
The suburb's real estate landscape is characterized by large residential blocks and acreage properties, often featuring four or more bedrooms.
Demographics and Community Profile
According to the 2021 Census, Richmond Hill has a population of 850 residents, with a median age of 52 years . Households in the area have an average size of 2.6 people and a median weekly income of $2,006 . The community is predominantly owner-occupied, with 93% of homes owned outright or under mortgage, and only 7% rented .abs.gov.au+1property.com.au+1property.com.au
Lifestyle and Amenities
Richmond Hill offers a serene rural lifestyle while being conveniently close to Lismore's amenities, including schools, healthcare facilities, and shopping centers. The area's natural beauty, characterized by lush landscapes and open spaces, provides residents with opportunities for outdoor activities and a relaxed pace of life.
Investment Considerations
For investors, Richmond Hill presents a market with strong capital growth potential. However, the rental market is limited, with a low rental yield reported, indicating that the suburb is more suited for owner-occupiers or investors focusing on long-term capital appreciation rather than rental income .htag.com.au
However, as with any investment or purchase, conducting thorough due diligence and consulting with local real estate experts is advisable to make informed decisions.