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Richlands

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Richlands

  • There are around 5,612 residents living in Richlands
  • Most residents are families, with 30% aged 19-30 years old
  • Majority of homes are townhouses lived in by renters
Richlands Area Boundary Map

Property price trends

These median prices may indicate the common property values in this area and how they have changed over the last 5 years. Source: CoreLogic

$733,354

House median sale price

11.5% Growth

L

ast 12 months

$607,364

Unit median sale price

25.6% Growth

L

ast 12 months

Median price trend

This could show if the area is improving, suggesting future growth, or declining which may offer short-term buying opportunities.

Showing the trend for house prices over the last 5 years. Source: CoreLogic

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

13 Days

House median days on market

14 Days

Unit median days on market

183 Properties

Sold in last 12 months

35 Properties

Available in the last month

Suburb snapshot

Last month Richlands had 35 properties on sale, with 183 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $733,354, which has increased by 11.5%. The median sale price for units has been around $607,364 and has increased by 25.6%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Richlands is around $620 and has increased by 12.7% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $600 and has increased by 13.2%.

There are around 5,612 residents living in Richlands. They are predominantly made up of families, living in townhouses with the majority being renters. The most common occupations for locals are professionals, community and personal service workers, and clerical and administrative workers.

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Richlands residents

Key characteristics of the residents in the area, open the breakdown to see more detail for each category.

19-30

Is the most common age range

Renters

Most common occupant type

Families

Most common household profile

Professionals

Most common occupation

Townhouses

Most common property type

Occupant status

This may indicate the likelihood of long term residence as owners are less likely to move. The most common are renters.

2,037

Total properties

Renters

(67%)

Mortgaged Owners

(19%)

Other

(8%)

Outright Owners

(6%)

Community Housing

(1%)

Property types

This may indicate the likelihood of you finding your ideal property type in the area. The most common are townhouses.

2,147

Total properties

Townhouses

(72%)

Detached Houses

(27%)

Other

(1%)

Apartments

(0%)

Age ranges

This may indicate what stage of life these residents are at. The most common is 19-30.

Under 18

19-30

31-40

41-50

51-60

60+

Household profiles

This may indicate likelihood of noise, activity or community events based on who lives here. The most common profile is families.

Lone Parents

Couples

Families

Singles

Other

Individual yearly income

This may indicate the affluence of individuals in the area. The average income band is $35k - $78k per year.

3,583

individuals

$35k - $78k

(50%)

$0k - $34k

(31%)

$79k - $103k

(12%)

$104k - $182k

(6%)

$182k+

(1%)

Occupations

The top 5 occupations in Richlands.

1

Professionals

2

Community and Personal Service Workers

3

Clerical and Administrative Workers

4

Machinery Operators and Drivers

5

Labourers
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