Richards is a quiet locality in New South Wales within the Blacktown local government area (postcode 2765). With a population of 37, the suburb has a mature demographic with a median age of 52. Households earn a median income of $38K per year, with an average household size of 1.6 people. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Richards is $645,000, having remained flat 0% over the past year. The current median weekly rent is $800. This gives a gross rental yield of approximately 6.5%.
Public transport access includes 2 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Richards offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($645K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.1x is considered stretched. House prices have moved +0.0% year-on-year.
Richards is a quiet locality in New South Wales within the Blacktown local government area (postcode 2765). With a population of 37, the suburb has a mature demographic with a median age of 52. Households earn a median income of $38K per year, with an average household size of 1.6 people. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Richards is $645,000, having remained flat 0% over the past year. The current median weekly rent is $800. This gives a gross rental yield of approximately 6.5%.
Public transport access includes 2 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Richards offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($645K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.1x is considered stretched. House prices have moved +0.0% year-on-year.