Powered by MOMENTUM MEDIA
AREA REPORTS

West Richmond

Suburb Profile

West Richmond - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5033

house

Based on its average 5-year and quarterly capital gains WEST RICHMOND, 5033 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that WEST RICHMOND, 5033 obtained a 3.03% growth over a ten-year period. It ranks 2402nd on our list of suburbs that property investors should look into.

WEST RICHMOND, 5033 in SA belongs to the local government area of West Torrens (C).

WEST RICHMOND, 5033 has a capital gain of 3.81% for the past year, which is lower than average compared to its 27.84% growth within a five-year period.

With the median home price in WEST RICHMOND sitting at $450,000, and the average rent at $360, property owners could potentially earn a 4.16% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WEST RICHMOND are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $450,000 N/A
GROWTH REPORT
Median Quarterly -1.1% N/A
Median 12 month 3.81% N/A
Median 3 years 3.19% N/A
Median 5 years 27.84% N/A
10 years average annual 3.03% N/A
Weekly media advert. rent $360 N/A
Time on Market 47.4 days N/A
Gross Rental Yield Percent 4.16% N/A
demographics (median values)
Total Population
858
Weekly Household Income
644
Household Size
2.30
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

Scott Morrison

Government urged to provide stimulus for building sector

As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...

housing

Does Australia need to provide lower-cost housing?

A growing number of Australians are being forced to live in high-density apartments, which is having an impact on future prosperity and cohe...

property

‘Earlier than expected’ recovery pinpointed for property

A real estate group says some positive signs are beginning to emerge within Australia’s property market. ...

Brisbane property market

Property market update: Brisbane, April 2020

How is the Brisbane property market faring amid the “new normal” that resulted from the COVID-19 outbreak? ...

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Building portfolio resilience in the wake of COVID-19

While social distancing regulations have begun to ease and the property market is showing glimpses of recovery, Right Property Group’s Vic...

Perth

Perth recovery takes COVID-19 hit

While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...

Website Notifications

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