Suburb Profile
Richardson - FREE SUBURB PROFILE REPORT POSTAL CODE: ACT,2905
Property investors have seen a 1.11% 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 $502,000
Profits averaged 5.13% 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 $495 based on current median home prices for the suburb.
The gross rental yield in RICHARDSON, 2905 is 5.13%.
An average of 2.83 real estate transactions take place per month in RICHARDSON which translates to 34 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $502,000 | $457,500 |
| GROWTH REPORT | ||
| Median Quarterly | 1.11% | 3.98% |
| Median 12 month | -0.99% | N/A |
| Median 3 years | 15.4% | 27.26% |
| Median 5 years | 11.56% | N/A |
| 10 years average annual | 2.84% | N/A |
| Weekly media advert. rent | $495 | $425 |
| Time on Market | 49.8 days | 0.0 days |
| Gross Rental Yield Percent | 5.13% | 4.83% |
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