Suburb Profile Report for West Richmond SA (5033)

West Richmond House: Median price $436,100, Annual capital growth 4.40%, Number of sales 18, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report

West Richmond is in the bottom 40% in SA when comparing median price capital growth over the last year. West Richmond gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.25%.

If we look at median property appreciation over just the last three months, West Richmond has given property investors a paper return of -2.79%. This puts Suburb as 365 on a list of fastest fasting appreciating suburbs in SA

Property buyers and investors in West Richmond 5033 should be seeing an average reduction in asking price of around -4.25% . This means that West Richmond is holding prices well when compared to other suburbs in SA.

Renters in Suburb are facing rents around $4620 per annum or $385 every week.

Metrics i HOUSE UNIT
$436,100 N/A
-2.79% N/A
0.25% N/A
4.40% N/A
$385 N/A
18 N/A
4.59% N/A
65 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 922
Median household income ($/weekly) 1011
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 94 10.2
    20-24 years 84 9.1
    25-34 years 161 17.4
    35-44 years 138 15.0
    45-54 years 132 14.3
    Others 314 34.0
    Age Group
    Census Count Percent(%)
    Not Married 370 51.1
    Registered Married 285 39.4
    Defacto Relationship 69 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 594 67.7
    Croatia 24 2.7
    Hong Kong 39 4.4
    United Kingdom 38 4.3
    Other 47 5.4
    Others 136 15.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 4.7
    Christianity 517 60.6
    Islam 29 3.4
    Other Religious Groups 25 2.9
    No Religion 235 27.5
    Others 7 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 44 13.0
    $600-$799 36 10.6
    $800-$999 43 12.7
    $1,000-$1,249 47 13.9
    $1,250-$1,499 34 10.0
    Others 135 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 271 36.8
    Not in the labour force 267 36.3
    Employed, worked part-time 151 20.5
    Employed, away from work 24 3.3
    Unemployed, looking for work 23 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 78 17.3
    Technicians & trades workers 73 16.2
    Community & personal service workers 58 12.9
    Clerical & administrative workers 69 15.3
    Labourers 55 12.2
    Others 117 26.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 70 38.0
    Secondary 29 15.8
    Technical or Further Educational Institution 20 10.9
    University or other Tertiary Institutions 40 21.7
    Other type of educational institution 17 9.2
    Others 8 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 747 84.9
    Semi-detached, row or terrace house, townhouse 95 10.8
    Flat, unit or apartment 38 4.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 134 36.4
    Rented 125 34.0
    Fully owned 103 28.0
    Other tenure type 6 1.6
    Tenure Type
Census 2011, ABS
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