Mount Richon WA 6112

Here you can find what you need to know about Mount Richon, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$416k Median Sale Price (National Average $485k) 261st In WA
-1.60% Median Price Change (1 yr) (National Average 4.30%) 1060th In WA
$365pw Median Rent (National Average $395) 231st In WA
4.6% Median Gross Yield (National Average 4.24%) 181st In WA
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Properties sold 24
Average discounting -9.87%
Average Days on Market 84
Stock on Market 26 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Mount Richon, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Mount Richon, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Mount Richon, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Mount Richon


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State Auction Clearance Rates - May 2019

Auctions Clearance rate
WA 32 31%
ACT 63 62%
NSW 697 70%
NT 9 50%
QLD 139 37%
SA 135 58%
TAS 4 33%
VIC 971 63%

Local Schools


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Suburb Information

Mount Richon, WA 6112

Part of: Armadale Council No data available

The size of Mount Richon is approximately 2.1 square kilometres. It has 4 parks covering nearly 2.8% of total area. The population of Mount Richon in 2011 was 2,105 people. By 2016 the population was 1,991 showing a population decline of 5.4% in the area during that time. The predominant age group in Mount Richon is 50-59 years. Households in Mount Richon are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Richon work in a trades occupation. In 2011, 89.6% of the homes in Mount Richon were owner-occupied compared with 89.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mount Richon

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Mount Richon   for Houses in last 12 months


There have been 24 Houses sold in Mount Richon in the past 12 months with a median sale price of $406K, up -3.33% annually. It takes on average 92 days to sell with vendor discounting of -10.08%.

Streets in Mount Richon


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