With a capital gain of -0.75% for the last 12 months, North Richmond, 2754 has performed for property investments than its average annual 6.10% 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 -4.98% to buyers in North Richmond at the moment, which is less than average for the rest of NSW.
Residents and property investors in North Richmond have been waiting around 75.18 days to sell a property.
North Richmond is 545th on a list of best yielding suburbs for rents in NSW with a 3.78% return
Property value increases in North Richmond have tracked just lower than the NSW average of 5.88% over the last 12 months.
North Richmond,2754 was ranked 364 in Australia by increase in median property value over the quarter.
Vendor discounting in North Richmond is giving property investors an average Vendor Discount of around -2.15%. This puts suburb at number 448th in NSW when ranking the most discounted suburbs.
Advertised rents are around the $400 mark per week – giving a return of 4.24% based on the median price in Suburb