Investment property in Richmond has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.31%
Richmond,2753 has offered an average of 18.31% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Richmond, 2753. Typically our figures indicate that -4.65% is being offered, which puts this NSW suburb at 2835th most discounted overall in Australia.
With a capital gain of -2.63% for the last 12 months, Richmond, 2753 has performed for property investments than its average annual 5.91% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Richmond comes in at number 132th in NSW.
LACK OF BUYER INTEREST may well be the reason that Richmond is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 307th in terms of most discounted suburbs in NSW
Richmond, 2753’s gross rental yield is 4.27%