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 4.0% and has experienced a 12-month capital growth of Up 4.3%, with a median house buy price of $968,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,100,000
$948,000
$928,000
$968,000
Suburb Market Profile
Last month Richmond had 0 properties available for rent and 10 properties for sale. Median property prices over the last year range from $968,000 for houses to $651,000 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 4.0% and units rent for $510 PW with a rental yield of 4.6%. Richmond has seen an annual compound growth rate of 4.3% for houses and -18.6% for units.
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