Suburb Profile Report for Richardson ACT (2905)

Richardson House: Median price $480,000, Annual capital growth 4.29%, Number of sales 28, Weekly median advertised rent $458

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

Source: CoreLogic

  • House Report

Richardson is an average performer in ACT when comparing median price capital growth over the last year. Richardson gave property investors a average capital gain figure when compared to the rest of the state, with 6.08%.

Across a shorter period, Richardson, 2905 has seen a median price increase of 4.01% over the last quarter.

Property buyers and investors in Richardson 2905 should be seeing an average reduction in asking price of around -2.63% . This means that Richardson is holding prices well when compared to other suburbs in ACT.

Using the current median advertised rental of $457.5 and the average annual increase in value of a median property of 4.29%, investors should hope to achieve an overall return of 4.96%

HOUSE UNIT
$480,000 N/A
4.01% N/A
6.08% N/A
4.29% N/A
$458 N/A
28 N/A
4.96% N/A
55.57 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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