Property value increases in Richmond have tracked just higher than the SA average of 3.17% over the last 12 months.
Comparing Richmond,5033 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 270th of SA’s most discounted properties, Richmond is in the TOP 40% of the state/territory when listing in order of most discounted to least.
The SA suburb of Richmond, 5033 is in the West Torrens local government area.
With a capital gain of 43.91% for the last 12 months, Richmond, 5033 has performed for property investments than its average annual 8.82% 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 11.43%. This puts Suburb as 14 on a list of fastest fasting appreciating suburbs in SA
At number 37th of SA’s most discounted properties, Richmond is in the bottom 30% of the state/territory when listing in order of most discounted to least.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.13%, without taking into account capital value appreciation, which has been averaging out at 8.82%.