Suburb Profile Report for North Richmond NSW (2754)

North Richmond House: Median price $672,000, Annual capital growth 5.61%, Number of sales 68, Weekly median advertised rent $455

North Richmond Unit: Median price $460,000, Annual capital growth 5.10%, Number of sales 28, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 12.00% for the last 12 months, North Richmond, 2754 has performed for property investments than its average annual 5.61% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Richmond has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -5.14% to buyers in North Richmond at the moment, which is less than average for the rest of NSW.

Property investors who have had real estate in North Richmond, 2754 should be relatively 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 5.75%

North Richmond,2754 has offered an average of 5.75% return per annum in house price rises to property investors over the last three years.

North Richmond, 2754 is offering NSW ‘s 355th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

HOUSE UNIT
$672,000 $460,000
2.60% -3.16%
12.00% 5.75%
5.61% 5.10%
$455 $400
68 28
3.52% 4.52%
64.64 62.3

Source: CoreLogic

DSR Score for property investment : Above average (H), Very 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