West Richmond SA 5033

Here you can find what you need to know about West Richmond, SA, 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

$396k Median Sale Price (National Average $485k) 281st In SA
-8.02% Median Price Change (1 yr) (National Average 4.30%) 1461st In SA
$350pw Median Rent (National Average $395) 287th In SA
4.6% Median Gross Yield (National Average 4.24%) 182nd In SA
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Properties sold 18
Average discounting 0.00%
Average Days on Market 78
Stock on Market 2 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.

West Richmond, SA 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.

West Richmond, SA 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.

West Richmond, SA 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 West Richmond


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State Auction Clearance Rates - October 2019

Auctions Clearance rate
SA 76 61%
ACT 59 63%
NSW 757 74%
NT 14 29%
QLD 215 40%
TAS 2 0%
VIC 837 72%
WA 27 33%

Local Schools


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Suburb Information

West Richmond, SA 5033

Part of: West Torrens Council No data available

The size of West Richmond is approximately 0.4 square kilometres. The population of West Richmond in 2011 was 922 people. By 2016 the population was 968 showing a population growth of 5.0% in the area during that time. The predominant age group in West Richmond is 20-29 years. Households in West Richmond are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Richmond work in a professional occupation. In 2011, 63.3% of the homes in West Richmond were owner-occupied compared with 60.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in West Richmond

Demographic data provided
by Australian Bureau of Statistics


Market Trends for West Richmond   for Houses in last 12 months


There have been 17 Houses sold in West Richmond in the past 12 months with a median sale price of $435K, up 2.72% annually. It takes on average 69 days to sell with vendor discounting of -4.68%.

Streets in West Richmond


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Richmond SA, 5033 11.79% $550,000 $393pw 3.7% View Suburb Profile
High Wycombe WA, 6057 -5.08% $402,000 $380pw 4.9% View Suburb Profile
Strathfieldsaye VIC, 3551 -1.09% $455,000 $400pw 4.6% View Suburb Profile
Royal Park SA, 5014 7.06% $430,500 $380pw 4.6% View Suburb Profile