Suburb Profile Report for Richardson ACT (2905)

Richardson House: Median price $500,000, Annual capital growth 3.64%, Number of sales 37, Weekly median advertised rent $470

Richardson Unit: Median price $435,000, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent $410

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Richardson has had a pretty average year for property investment returns compared to the rest of ACT, giving investors a capital gain of 8.34% to date .

Across a shorter period, Richardson, 2905 has seen a median price increase of -1.67% over the last quarter.

Richardson, 2905 is offering ACT ‘s 57th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this ACT.

Often selling an investment property can take time, and in Richardson the average time real estate has been on the market is 50.86 days.

Situated 16.58km from the CBD, Richardson is one of Unincorporated ACT localities in the postcode 2905.

On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.

Richardson is 40th on a list of best yielding suburbs for rents in ACT with a 4.90% return

Metrics i HOUSE UNIT
$500,000 $435,000
-1.67% 1.16%
8.34% N/A
3.64% N/A
$470 $410
37 14
4.89% 4.90%
50.86 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 3133
Median household income ($/weekly) 1632
Median age of persons 33
Median housing loan repayment ($/monthly) 1869
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 439 14.0
    25-34 years 493 15.7
    35-44 years 477 15.2
    45-54 years 452 14.4
    55-64 years 362 11.6
    Others 909 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 1122 48.5
    Not Married 943 40.8
    Defacto Relationship 248 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2441 81.7
    Papua New Guinea 49 1.6
    United Kingdom 137 4.6
    Viet Nam 25 0.8
    Other 122 4.1
    Others 214 7.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 1.7
    Christianity 1932 66.9
    Islam 35 1.2
    Other Religious Groups 18 0.6
    No Religion 842 29.1
    Others 15 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 86 8.7
    $1,250-$1,499 77 7.8
    $1,500-$1,999 160 16.2
    $2,000-$2,499 141 14.3
    $2,500-$2,999 96 9.7
    Others 427 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1177 50.0
    Not in the labour force 561 23.8
    Employed, worked part-time 416 17.7
    Employed, away from work 116 4.9
    Unemployed, looking for work 85 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 162 9.5
    Professionals 279 16.3
    Technicians & trades workers 264 15.5
    Community & personal service workers 173 10.1
    Clerical & administrative workers 377 22.1
    Others 452 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 48 6.3
    Infants/Primary 278 36.4
    Secondary 220 28.8
    Technical or Further Educational Institution 102 13.4
    University or other Tertiary Institutions 81 10.6
    Others 35 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2950 97.6
    Semi-detached, row or terrace house, townhouse 57 1.9
    Flat, unit or apartment 16 0.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 542 50.8
    Rented 280 26.3
    Fully owned 241 22.6
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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