Suburb Profile Report for North Richmond NSW (2754)

North Richmond House: Median price $739,500, Annual capital growth 7.13%, Number of sales 73, Weekly median advertised rent $470

North Richmond Unit: Median price $497,500, Annual capital growth 5.84%, Number of sales 34, Weekly median advertised rent $405

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in North Richmond, 2754 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.90%.

If we look at median property appreciation over just the last three months, North Richmond has given property investors a paper return of 12.05%. This puts Suburb as 94 on a list of fastest fasting appreciating suburbs in NSW

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 North Richmond, 2754. Typically our figures indicate that -4.10% is being offered, which puts this NSW suburb at 2998th most discounted overall in Australia.

In the last year 73 properties changed hands in North Richmond, which puts it as the 446th most active market in NSW when comparing the number of sales per suburb.

The NSW suburb of North Richmond, 2754 is in the Hawkesbury local government area.

If you compare the increase in value of investment property in North Richmond, 2754 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.74%.

Over the longer term, North Richmond has seen property prices show investors a 39.36% return over the last 3 years. This is worse than over the last 12 months

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.23% offered to property buyers. Sellers in North Richmond itself are offering an average vendor discount of -1.69% to real estate investors.

Metrics i HOUSE UNIT
$739,500 $497,500
12.05% 1.53%
12.90% 4.74%
7.13% 5.84%
$470 $405
73 34
3.30% 4.23%
63.14 44.32

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 4600
Median household income ($/weekly) 1300
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 637 13.8
    25-34 years 584 12.7
    35-44 years 638 13.9
    45-54 years 580 12.6
    55-64 years 584 12.7
    Others 1577 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 1643 48.3
    Not Married 1408 41.4
    Defacto Relationship 350 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3857 87.0
    New Zealand 32 0.7
    Papua New Guinea 57 1.3
    United Kingdom 219 4.9
    Other 59 1.3
    Others 208 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 1.1
    Christianity 3430 80.3
    Islam 24 0.6
    Other Religious Groups 33 0.8
    No Religion 730 17.1
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 149 10.0
    $1,000-$1,249 164 11.0
    $1,250-$1,499 137 9.2
    $1,500-$1,999 225 15.1
    $2,000-$2,499 144 9.7
    Others 672 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1475 41.8
    Not in the labour force 1163 33.0
    Employed, worked part-time 653 18.5
    Employed, away from work 129 3.7
    Unemployed, looking for work 108 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 267 11.8
    Professionals 378 16.8
    Technicians & trades workers 384 17.0
    Community & personal service workers 245 10.9
    Clerical & administrative workers 327 14.5
    Others 653 29.0
    Occupation
    Census Count Percent(%)
    Pre-school 80 7.3
    Infants/Primary 411 37.7
    Secondary 334 30.6
    Technical or Further Educational Institution 122 11.2
    University or other Tertiary Institutions 123 11.3
    Others 20 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3485 79.8
    Semi-detached, row or terrace house, townhouse 617 14.1
    Flat, unit or apartment 239 5.5
    House or flat attached to a shop, office 16 0.4
    Improvised home, tent, sleepers out 11 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 550 33.6
    Being purchased 548 33.5
    Fully owned 532 32.5
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals