Suburb Profile Report for Richardson ACT (2905)

Richardson House: Median price $502,000, Annual capital growth 2.84%, Number of sales 34, Weekly median advertised rent $495

Richardson Unit: Median price $457,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $425

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

Source: CoreLogic

  • House Report
  • Unit Report

ACT has seen average median house prices change by 5.67% which means that Richardson, 2905 has done well for property investors by showing a capital gain of -0.99% over the last year

A 11.56% growth in median value for property investors in Richardson,2905 puts this suburb at number 38th in terms of best performing suburbs in ACT

Property buyers and investors in Richardson 2905 should be seeing an average reduction in asking price of around -0.40% . This means that Richardson is holding prices well when compared to other suburbs in ACT.

The ACT suburb of Richardson, 2905 is in the Unincorporated ACT local government area.

When looking at the potential capital gains offered to property investors over the last 3 years, Richardson comes in at number 7th in ACT.

On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.

Metrics i HOUSE UNIT
$502,000 $457,500
1.11% 3.98%
-0.99% N/A
2.84% N/A
$495 $425
34 10
5.13% 4.83%
49.89 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
Find a mortgage broker in Richardson ACT
Demographics
Total population 3133
Median household income ($/weekly) 1632
Median age of persons 33
Median housing loan repayment ($/monthly) 1869
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 439 14.0
    25-34 years 493 15.7
    35-44 years 477 15.2
    45-54 years 452 14.4
    55-64 years 362 11.6
    Others 909 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 1122 48.5
    Not Married 943 40.8
    Defacto Relationship 248 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2441 81.7
    Papua New Guinea 49 1.6
    United Kingdom 137 4.6
    Viet Nam 25 0.8
    Other 122 4.1
    Others 214 7.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 1.7
    Christianity 1932 66.9
    Islam 35 1.2
    Other Religious Groups 18 0.6
    No Religion 842 29.1
    Others 15 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 86 8.7
    $1,250-$1,499 77 7.8
    $1,500-$1,999 160 16.2
    $2,000-$2,499 141 14.3
    $2,500-$2,999 96 9.7
    Others 427 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1177 50.0
    Not in the labour force 561 23.8
    Employed, worked part-time 416 17.7
    Employed, away from work 116 4.9
    Unemployed, looking for work 85 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 162 9.5
    Professionals 279 16.3
    Technicians & trades workers 264 15.5
    Community & personal service workers 173 10.1
    Clerical & administrative workers 377 22.1
    Others 452 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 48 6.3
    Infants/Primary 278 36.4
    Secondary 220 28.8
    Technical or Further Educational Institution 102 13.4
    University or other Tertiary Institutions 81 10.6
    Others 35 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2950 97.6
    Semi-detached, row or terrace house, townhouse 57 1.9
    Flat, unit or apartment 16 0.5
    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 542 50.8
    Rented 280 26.3
    Fully owned 241 22.6
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals