Richmond has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 8.67% to date .
If we look at median property appreciation over just the last three months, Richmond has given property investors a paper return of 19.33%. This puts Suburb as 5 on a list of fastest fasting appreciating suburbs in TAS
Vendor discounting in Richmond is giving property investors an average Vendor Discount of around -7.12%. This puts suburb at number 8th in TAS when ranking the most discounted suburbs.
Advertised rents are around the $460 mark per week – giving a return of 3.85% based on the median price in Suburb