Mount Richon is a compact suburb in Western Australia within the Armadale local government area (postcode 6112). It is home to about 2,067 residents, with a settled, mature resident base and a median age of 50. Households earn a median income of $75K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.1% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $620. The median monthly mortgage repayment is $1,817.
Public transport access includes 4 bus stops.
Looking at the investment signals, Population growth of +3.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.