Powered by MOMENTUM MEDIA
AREA REPORTS

Richardson

Suburb Profile

Richardson - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2905

house

Property investors have seen a 3.67% gain in RICHARDSON based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains RICHARDSON, 2905 saw average growth in the long term.

The ACT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $565,000

Profits averaged 4.33% per annum over a 3-year period, due to an upward trend in home prices in RICHARDSON, 2905.

This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

The gross rental yield in RICHARDSON, 2905 is 4.6%.

An average of 3.25 real estate transactions take place per month in RICHARDSON which translates to 39 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $565,000 N/A
GROWTH REPORT
Median Quarterly 3.67% N/A
Median 12 month 3.67% N/A
Median 3 years 13% N/A
Median 5 years 32.94% N/A
10 years average annual 3.39% N/A
Weekly media advert. rent $500 N/A
Time on Market 45.8 days N/A
Gross Rental Yield Percent 4.6% N/A
demographics (median values)
Total Population
3230
Weekly Household Income
1315
Household Size
2.90
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Regional town remains resilient

Regional town remains resilient despite COVID-19

Despite falling prices in many of Australia’s capital cities, a regional area is showing signs of growth, an industry expert has said. ...

REIA supports NSW tax reform

REIA supports NSW tax reform

A proposal by the NSW government, which could see a major overhaul of the tax system, has been welcomed by industry experts. ...

property investing

Millennials aren’t all that interested in property investing

Millennials aren’t all that interested in building a property portfolio, according to new research. ...

8 suburbs set to boom West Sydney

HomeBuilder prediction: 8 suburbs set to boom

There are eight areas that “are about to blow up”, thanks to the advent of the federal government’s HomeBuilder grant, according to a ...

Who lives in apartments

Who lives in apartments?

Almost half of all apartments in Australia are rented out, according to a new report which shines a comprehensive light on the types of peop...

Nicole Cannon

Should you freeze your mortgage?

While pausing mortgage repayments may be tempting for those struggling with payments, it may be best to explore other options first to avoid...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.