With a capital gain of 6.02% for the last 12 months, Richmond, 5033 has performed for property investments than its average annual 4.82% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Richmond has given property investors a paper return of 1.55%. This puts Suburb as 166 on a list of fastest fasting appreciating suburbs in SA
Richmond5033 is located in SA which offers an average discount of -6.55% to property investors. Richmond itself is showing figures that indicate -3.64% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Richmond have been waiting around 50.9 days to sell a property.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
At number 64th in the list of Australian suburbs ordered by increase in median house value over the last year, Richmond, 5033 is in the top 10% with a property value increase of 23.89% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Richmond,5033 has racked up an average of 23.89% over the period. This ranks it number 940th in the whole country for real estate investors looking at median house price increases.
At number 17th of SA’s most discounted properties, Richmond is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $320 mark per week – giving a return of 4.75% based on the median price in Suburb