Richmond, 3121 ranked 469th in VIC when comparing growth in median property values or capital gain over the last 12 months. Richmond is one of 2098 in our list for VIC
Across a shorter period, Richmond, 3121 has seen a median price increase of -3.94% over the last quarter.
Richmond3121 is located in VIC which offers an average discount of -5.71% to property investors. Richmond itself is showing figures that indicate -3.83% is the average achievable by property buyers investing in the suburb.
The VIC suburb of Richmond, 3121 is in the Yarra local government area.
Richmond has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -1.98% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Richmond has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.64% to buyers in Richmond at the moment, which is less than average for the rest of VIC.