RICHMOND 7025
State: TASPosiProp AI Investment Summary
RICHMOND (TAS 7025) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 0.3%, with a median house buy price of $953,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$950,000
$875,000
$941,500
$953,000
Suburb Market Profile
Last month Richmond had 0 properties available for rent and 7 properties for sale. Median property prices over the last year range from $953,000 for houses to $800,000 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 3.9% and units rent for $585 PW with a rental yield of 4.7%. Richmond has seen an annual compound growth rate of 0.3% for houses.