Investment property in Richardson has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.26%
Over the longer term, Richardson has seen property prices show investors a 5.01% return over the last 3 years. This is worse than over the last 12 months
Richardson, 2905 is offering ACT ‘s 38th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this ACT.
In the last year 29 properties changed hands in Richardson, which puts it as the 64th most active market in ACT when comparing the number of sales per suburb.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 3.96%, investors should hope to achieve an overall return of 4.79%