Richardson ACT 2905

Here you can find what you need to know about Richardson, ACT, 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

$550k Median Sale Price (National Average $485k) 80th In ACT
11.68% Median Price Change (1 yr) (National Average 4.30%) 13th In ACT
$450pw Median Rent (National Average $395) 91st In ACT
4.2% Median Gross Yield (National Average 4.24%) 46th In ACT
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Investment Strategy Scores

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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.

Richardson, ACT 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.

Richardson, ACT 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.

Richardson, ACT 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.

Property Prices in Richardson


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State Auction Clearance Rates - July 2019

Auctions Clearance rate
ACT 30 60%
NSW 303 81%
NT 8 67%
QLD 80 46%
SA 55 59%
TAS 5 100%
VIC 416 70%
WA 12 50%

Local Schools


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Suburb Information

Richardson, ACT 2905

Part of: Tuggeranong Council No data available

The size of Richardson is approximately 2.2 square kilometres. It has 8 parks covering nearly 12.1% of total area. The population of Richardson in 2011 was 3,133 people. By 2016 the population was 3,002 showing a population decline of 4.2% in the area during that time. The predominant age group in Richardson is 20-29 years. Households in Richardson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Richardson work in a clerical occupation. In 2011, 72.4% of the homes in Richardson were owner-occupied compared with 71.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Richardson

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Richardson   for Houses in last 12 months


There have been 41 Houses sold in Richardson in the past 12 months with a median sale price of $550K, up 11.68% annually. It takes on average 50 days to sell with vendor discounting of -2.52%.

Streets in Richardson


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