ACT has seen average median house prices change by 5.15% which means that Richardson, 2905 has done well for property investors by showing a capital gain of 6.30% over the last year
Richardson,2905 was ranked 673 in Australia by increase in median property value over the quarter.
At number 48th of ACT’s most discounted properties, Richardson is in the TOP 40% of the state/territory when listing in order of most discounted to least.
At number 797 in a list of fastest selling suburbs, Richardson is in the TOP 30% of suburbs in Australia with an average of days on market 57.6 for properties listed there.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.93%, without taking into account capital value appreciation, which has been averaging out at 4.29%.