Richmond is a mid-sized suburb in New South Wales within the Hawkesbury local government area (postcode 2753). With a population of 5,418, the suburb has an established demographic with a median age of 43. Households earn a median income of $70K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Richmond is $941,000, having declined 4% over the past year. Units have a median price of $725,000 (+2.1% YoY). The current median weekly rent is $635. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,844.
Richmond is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1041, which is around the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Hawkesbury LGA is below average at 2,661 incidents per 100,000 population.
From an investment perspective, Richmond offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($941K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.4x is considered stretched. House prices have moved -4.0% year-on-year.
Richmond is a mid-sized suburb in New South Wales within the Hawkesbury local government area (postcode 2753). With a population of 5,418, the suburb has an established demographic with a median age of 43. Households earn a median income of $70K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Richmond is $941,000, having declined 4% over the past year. Units have a median price of $725,000 (+2.1% YoY). The current median weekly rent is $635. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,844.
Richmond is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1041, which is around the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Hawkesbury LGA is below average at 2,661 incidents per 100,000 population.
From an investment perspective, Richmond offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($941K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.4x is considered stretched. House prices have moved -4.0% year-on-year.