Property investors who have had real estate in Richmond, 2753 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.01%
Taking the average capital gain, or increase in median house value, Richmond,2753 has racked up an average of 16.01% over the period. This ranks it number 740th in the whole country for real estate investors looking at median house price increases.
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 -4.15% is being offered, which puts this NSW suburb at 3103th most discounted overall in Australia.
Property investors who have had real estate in Richmond, 2753 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.05%
Richmond,2753 was ranked 746 in Australia by increase in median property value over the quarter.
At number 201th of NSW’s most discounted properties, Richmond is in the middle of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 7.07%, investors should hope to achieve an overall return of 4.12%