With a capital gain of 11.72% for the last 12 months, Richmond, 2753 has performed for property investments than its average annual 6.99% property growth over the last 5 years.
Comparing Richmond,2753 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Richmond should be aiming for at least -4.31% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Richmond have been waiting around 69.41 days to sell a property.
Over the last year, property investments in Richmond, 2753 have given investors a capital gain of -1.05%. This compares badly with the 5.59% for NSW as a whole.
If we look at median property appreciation over just the last three months, Richmond has given property investors a paper return of 2.17%. This puts Suburb as 218 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Richmond is giving property investors an average Vendor Discount of around -3.97%. This puts suburb at number 278th in NSW when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.