5/137 Progress Road

Richlands QLD 4077

The size of Richlands is approximately 5 square kilometres. It has 5 parks covering nearly 8% of total area. The population of Richlands in 2011 was 2,077 people. By 2016 the population was 3,606 showing a population growth of 73.6% in the area during that time. The predominant age group in Richlands is 20-29 years. Households in Richlands are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richlands work in a professional occupation. In 2011, 43.2% of the homes in Richlands were owner-occupied compared with 31.7% in 2016.

Richlands has 2,901 properties. Over the last 5 years, Houses in Richlands have seen a 84.17% increase in median value, while Units have seen a 78.76% increase. As at 31 July 2024:

• The median value for Houses in Richlands is $762,041 while the median value for Units is $565,105.
• Houses have a median rent of $568 while Units have a median rent of $550.