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Richardson

Suburb Profile

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

house

Property investors have seen a -0.46% drop in RICHARDSON based on a decrease 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 $545,000

Profits averaged 6.59% 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 $480 based on current median home prices for the suburb.

The gross rental yield in RICHARDSON, 2905 is 4.58%.

An average of 2.25 real estate transactions take place per month in RICHARDSON which translates to 27 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $545,000 N/A
GROWTH REPORT
Median Quarterly -0.46% N/A
Median 12 month -0.37% N/A
Median 3 years 19.78% N/A
Median 5 years 21.11% N/A
10 years average annual 3.1% N/A
Weekly media advert. rent $480 N/A
Time on Market 64.5 days N/A
Gross Rental Yield Percent 4.58% N/A
demographics (median values)
Total Population
3230
Weekly Household Income
1315
Household Size
2.90
demographics
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Top 10 Birth Countries
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Household Income
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