If you compare the increase in value of investment property in West Richmond, 5033 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 11.39%.
If we look at median property appreciation over just the last three months, West Richmond has given property investors a paper return of 1.15%. This puts Suburb as 187 on a list of fastest fasting appreciating suburbs in SA
Sellers are offering property buyers an average discount of -2.57% to buyers in West Richmond at the moment, which is less than average for the rest of SA.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.