Fraud Blocker

North Richmond, NSW 2754

Home » NSW Real Estate Data » Hawkesbury City Council, NSW » North Richmond, NSW 2754

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for North Richmond, NSW 2754 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “North Richmond, NSW 2754”

  1. The total adult population (15 years or older) of North Richmond 2754 NSW is 5,140, with a median age of 39. Of those, 48.87% are married, 12.92% are divorced or separated, 31.77% are single and 6.34% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $8,376. The median monthly mortgage repayment for households in this suburb is $2,340 which is 27.94% of their earnings.

    Source: ABS Census Data (2021)

  2. Delving into the property market of North Richmond 2754 in NSW – a suburb encompassing a wholesome estimate of 3286 households. As the Q3 2023 statistics suggest, the typical house prices here are remarkably pitched at $975,150 coupled with a median weekly rent of $587. Such figures culminate into an indicative yield of 3.13%, marginally exceeding the threshold attractive market investment of 3%.

    Shedding light on the socio-economic fabric of North Richmond, the IRSAD score is an impressive 1004 out of 1217, corroborating the area’s commendable socio-economic milieu.

    Apart from the compelling appeal of financial figures, the suburb experiences a moderated renter to owner ratio of 27%. Strategically favourable for seasoned and novice investors equally since markets heavily saturated with rental properties can dwindle the long-term returns while simultaneously escalating the risks and competition between property investors.

    Maintaining a low, enviable units-to-houses ratio of 1%, North Richmond firmly underscores the supremacy of houses over units. Tailor-made for families, suburbs with a lower concentration of units attract long-term tenants, helping landlords maintain robust rental yields.

    However, the affordability index for houses stands at 46 years – a slightly elevated figure suggesting a subtle hardship for homeowners to completely own a property bearing in mind the prevailing interest rates, median family income, and typical property prices of the neighbourhood.

    In terms of supply, the suburb portrays a low stock on market Percentage of 0.33% for houses, indicative of a low supply market – a favourable narrative for investors and potential homeowners alike. Similarly, an inventory level of 1.46 months suggests a stronghold in the ability of the property market to absorb new listings.

    The building approvals Ratio for houses is within the favourable range at 1.44%, pre-empting a low supply in terms of newly approved residential buildings, while the average days on market for houses rests at 42, indicating reasonable demand.

    The vacancy rate, combining houses and units, is at 1.68%, signifying a neutral demand. However, even here, the vibrant pulsations of North Richmond’s property market are evident with a buy search index of 5 for houses, standing shoulder-to-shoulder with the state/city average, amplifying its appeal in the eyes of the seekers.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment