Suburb Profile Report for North Richmond NSW (2754)

North Richmond House: Median price $680,000, Annual capital growth 5.84%, Number of sales 67, Weekly median advertised rent $480

North Richmond Unit: Median price $490,000, Annual capital growth 6.00%, Number of sales 30, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 3.82% for the last year, North Richmond, 2754 is the 2228th highest performer in Australia in this respect.

Across a shorter period, North Richmond, 2754 has seen a median price increase of 1.34% over the last quarter.

Vendor discounting in North Richmond is giving property investors an average Vendor Discount of around -4.92%. This puts suburb at number 678th in NSW when ranking the most discounted suburbs.

With a capital gain of 0.51% for the last 12 months, North Richmond, 2754 has performed for property investments than its average annual 6.00% property growth over the last 5 years.

The five-year average increase in median property values for North Richmond,2754 has given property investors a potential capital gain of 73.76% across each of those five years.

Property investors looking for a bargain in North Richmond should be aiming for at least -2.04% off the asking price, which is the average vendor discount being achieved at the moment.

North Richmond is 218th on a list of best yielding suburbs for rents in NSW with a 4.35% return

Metrics i HOUSE UNIT
$680,000 $490,000
1.34% 6.52%
3.82% 0.51%
5.84% 6.00%
$480 $410
67 30
3.67% 4.35%
70.8 57.56

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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
Chart Table
Recent sales & rentals