Thinking about buying in Round Hill? Now could not be a better time, with just 181 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $485,000 with prices in this suburb ranging from $142,000 to $1,063,000. Round Hill is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Round Hill there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Round Hill is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Round Hill changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Round Hill requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Round Hill we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Round Hill a better buying opportunity than it may have been in the past.
2510 round hill rd, round hill, qld, 4677 | Reduced to sell, $785,000 |
Discovery Christian College
(While the above schools are located with the suburb of Round Hill there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.8 | 22.6 | 31.8 | 54.8 | 89.1 | 5.7 | 25.0 |
Feb | 4.8 | 22.7 | 31.4 | 56.7 | 89.9 | 5.7 | 22.6 |
Mar | 6.2 | 22.2 | 30.0 | 60.0 | 91.0 | 5.3 | 20.1 |
Apr | 1.7 | 19.9 | 28.5 | 53.5 | 87.1 | 4.8 | 18.7 |
May | 1.1 | 16.9 | 26.0 | 48.5 | 85.0 | 4.1 | 16.1 |
Jun | 0.9 | 14.7 | 24.0 | 47.6 | 85.2 | 3.9 | 14.2 |
Jul | 0.7 | 14.1 | 23.9 | 45.1 | 84.6 | 3.8 | 15.3 |
Aug | 0.9 | 15.1 | 25.4 | 44.1 | 87.8 | 3.7 | 18.0 |
Sept | 0.6 | 17.0 | 27.4 | 42.8 | 86.8 | 4.1 | 21.9 |
Oct | 1.4 | 18.8 | 28.9 | 46.6 | 86.9 | 4.6 | 25.4 |
Nov | 1.2 | 20.8 | 30.8 | 47.9 | 86.8 | 4.9 | 27.3 |
Dec | 3.7 | 22.1 | 31.8 | 50.7 | 87.0 | 5.2 | 27.3 |
source: Australian Government Bureau of Meteorology
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