Richmond has had a quite poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of 1.19% to date .
The five-year average increase in median property values for Richmond,7025 has given property investors a potential capital gain of 6.52% across each of those five years.
Our latest figures would indicate that property sellers in Richmond are currently offering property investors an average price cut of -5.32% below the asking price at the moment.
Residents and property investors in Richmond have been waiting around 88.54 days to sell a property.
Situated 18.20km from the CBD, Richmond is one of Clarence localities in the postcode 7025.