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 8.76%.
North Richmond,2754 has offered an average of 8.76% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in North Richmond itself are offering an average vendor discount of -5.23% to real estate investors.
Renters in Suburb are facing rents around $5520 per annum or $460 every week.
Property value increases in North Richmond have tracked lower than the NSW average of 5.59% over the last 12 months.
North Richmond,2754 has offered an average of -5.86% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in North Richmond 2754 should be seeing an average reduction in asking price of around -3.21% . This means that North Richmond is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
North Richmond, 2754’s gross rental yield is 4.46%