RICHMOND 5033
State: SAPosiProp AI Investment Summary
RICHMOND (SA 5033) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 11.2%, with a median house buy price of $1,012,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$790,000
$990,000
$1,240,000
$1,012,000
Suburb Market Profile
Last month Richmond had 7 properties available for rent and 11 properties for sale. Median property prices over the last year range from $1,012,000 for houses to $601,000 for units. If you are looking for an investment property, consider houses in Richmond rent out for $650 PW with an annual rental yield of 3.3% and units rent for $500 PW with a rental yield of 4.4%. Richmond has seen an annual compound growth rate of 11.2% for houses and 13.4% for units.