NSW has seen average median house prices change by 7.28% which means that Richmond, 2753 has done well for property investors by showing a capital gain of 12.54% over the last year
If we look at median property appreciation over just the last three months, Richmond has given property investors a paper return of 1.80%. This puts Suburb as 746 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -4.04% to buyers in Richmond at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $430 mark per week – giving a return of 3.44% based on the median price in Suburb
Over the last year, property investments in Richmond, 2753 have given investors a capital gain of -1.58%. This compares very badly with the 5.73% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Richmond comes in at number 246th in NSW.
LACK OF BUYER INTEREST may well be the reason that Richmond is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 265th in terms of most discounted suburbs in NSW
Situated 46.59km from the CBD, Richmond is one of Hawkesbury localities in the postcode 2753.