With a capital gain of 4.19% for the last 12 months, West Richmond, 5033 has performed for property investments than its average annual 3.30% property growth over the last 5 years.
Over the longer term, West Richmond has seen property prices show investors a 24.29% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that West Richmond is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 362th in terms of most discounted suburbs in SA
On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.
Situated 4.65km from the CBD, West Richmond is one of West Torrens localities in the postcode 5033.