Richmond, NSW 2753
Richmond property market
Activity in Richmond is spread across all four markets, led narrowly by unit rentals, with 93 leases (down 4.1%) at $525 a week (up 4%) as of July 2026, renting out in about 19 days (up from 16 days last year), mostly 2-bedroom (around two-thirds).
House rentals sit just behind, with 88 leases (up 4.8%) at $685 a week (up 4.6%), renting out in about 18 days, mostly 3-bedroom (around 55%). Then come 65 house sales at around $984k (up). 45 unit sales at around $640k (down), with prices weaker than most unit markets.
Who lives hereA below-average-income, renter-heavy, older-leaning suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Richmond demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Richmond?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Richmond
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Richmond
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.2× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Richmond
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Richmond
4 schools inside Richmond, plus the closest options around it. Families can choose from 2 primary schools in Richmond and its surrounds, and 2 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Richmond · 4Order by
- 1St Monica's Primary SchoolCatholic · Primary · Co-ed · Years K-6 · Within suburbState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 2Richmond Public SchoolGovernment · Primary · Co-ed · Years K-6 · Within suburbState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 3Richmond High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Within suburbState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 4Centre of Excellence in Agricultural EducationGovernment · Secondary · Co-ed · Years 7-12 · Within suburbState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Richmond median house price & rent
Headline price, rent, yield and time on market for Richmond — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Richmond property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Richmond
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Richmond against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Richmond in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 1.1 | ▼ -5.4 | 2 | 18 | 1.5 | |
| Balanced | 2.4 | ▲ +1.4 | 4 | 18 | 1.5 | |
| Balanced | 2.7 | ▼ -3.3 | 4 | 18 | 1.5 | |
| Slightly loose | 3.7 | ▲ +0.1 | 6 | 18 | 1.5 | |
| Loose | 4.3 | ▲ +2.8 | 6 | 18 | 1.5 | |
| Loose | 6.0 | ▲ +4.2 | 9 | 18 | 1.5 | |
| Oversupply | 7.3 | ▲ +4.7 | 11 | 18 | 1.5 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 0.3 | ▲ +0.3 | 1 | 29 | 2.4 | |
| National typical | 0.7 | ▼ -0.5 | 2 | 29 | 2.4 | |
| Loose | 1.4 | ▼ -0.1 | 3 | 29 | 2.4 | |
| Loose | 1.8 | ▲ +0.4 | 4 | 29 | 2.4 | |
| Oversupply | 2.0 | ▲ +1.0 | 5 | 29 | 2.4 | |
| Oversupply | 2.0 | ▲ +1.0 | 5 | 29 | 2.4 | |
| Oversupply | 2.2 | ▲ +1.4 | 5 | 29 | 2.4 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Richmond — Units & Houses, all bedrooms
Richmond median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Richmond fell from $621k (Jul 2021) to $600k (Jun 2026) — a 3.5% decline over five years — peaking at $820k between Dec 2024 and Nov 2025. Median house rent went from $394/wk to $360/wk (−8.6%) over the same period. For units, the median sale price rose from $346k to $368k (+6.3%), with rent down from $332/wk to $271/wk (−18.4%) over the same period.
Suburbs near Richmond: prices compared
The nearest suburbs to Richmond, ranked by distance — each lined up against Richmond on the same measures, so the differences jump out at a glance.
Suburbs like Richmond
Suburbs anywhere in NSW that behave like Richmond — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Richmond vs Woodford: the closest sales-market match trades at a median of $788k against Richmond's $699k — about 13% higher, with homes selling in 25 days versus 28 days here.
Comparable sales markets to Richmond: Woodford property market, Claymore property growth, Bow Bowing house prices, Woolgoolga property growth and Nelson Bay average house price.
Richmond's closest rental-market twins: Bow Bowing average house price, Woodford property growth, Woolgoolga property growth, Claymore house prices and Nelson Bay property prices. Each link opens that suburb's full market report.
Frequently asked · Richmond
26 data-driven answers about Richmond's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Richmond?
#The median house price in Richmond, NSW 2753 is $699k as of June 2026, based on 21 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Richmond?
#The median unit price in Richmond, NSW 2753 is $699k as of June 2026, based on 21 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Richmond?
#The median weekly house rent in Richmond is $415 as of June 2026, drawn from 24 leases over the past 12 months. Units rent for around $415 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Richmond?
#A 3 bedroom house in Richmond rents for a median $415 per week as of June 2026, drawn from 24 leases over the past 12 months. Across other house sizes: 2-bedroom $415/week, 4-bedroom $415/week. Unit rents: 1-bedroom $415/week, 2-bedroom $415/week, 3-bedroom $415/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Richmond?
#Gross rental yield in Richmond is 3.11% for houses and 3.11% for units as of June 2026, compared with the NSW unit median of 4.24%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Richmond?
#As of June 2026, Richmond medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $699k | $699k | $699k | $699k |
| Units | — | $699k | $699k | — | $699k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Richmond median?
#At the median Richmond house ($699k purchase, $415/week rent), weekly mortgage repayments sit at roughly $673 — about $258 more per week than renting. That gap is the ownership premium. For the median unit ($699k purchase, $415/week rent), repayments run about $673 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Richmond's property market trends?
#Richmond's property market trends to June 2026: house prices rose +50.0% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 28 days — faster than a year ago by 15; sales supply sits at 7.3 months (saturated). Read together — price, rent, selling speed and supply — they show which way the Richmond market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Richmond as an investment?
#As of June 2026 in Richmond, house prices rose +50.0% over the year, gross rental yield is 3.11% against a NSW median of 2.53%, houses take a median 28 days to sell, sales supply is 7.3 months (saturated). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Richmond?
#Houses in Richmond sell in a median 28 days on market as of June 2026, with units clearing slightly similarly at 28 days. Days on market have tightened by 15 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Richmond a tight or loose property market right now?
#Richmond's sales market sits at 7.3 months of supply for houses as of June 2026 — classified as Saturated (extreme oversupply) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 1.8 months of supply.
Have property prices in Richmond gone up or down?
#House prices in Richmond moved +50.0% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Richmond?
#Richmond's house rental market sits at 1.8 months of supply as of June 2026 — classified as Balanced, with 29 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Richmond in its property market cycle?
#Richmond's house market is currently in the 'softer_weakening' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Richmond compare to other NSW suburbs?
#Richmond's median house price ($699k) is 27% below the NSW median ($962k) as of June 2026. On selling speed, houses clear in 28 days vs 25 days state median. On gross yield, Richmond sits at 3.11% vs 2.53% state median.
How does Richmond compare to neighbouring suburbs?
#Richmond's most-similar nearby market is Woodford (25.5 km away) with a median house price of $788k — about 13% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Richmond?
#The most-transacted segment in Richmond over the 12 months to June 2026 is 2 bed houses with 18 sales. 3 bed houses come second at 18 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Richmond last year?
#Richmond recorded 18 house sales and 18 unit sales over the 12 months to June 2026 — a combined 36 transactions. On the rental side, 29 houses and 29 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Richmond in?
#Richmond is in postcode 2753, in the Outer West & Blue Mountains region of NSW. Addresses there are written as Richmond, NSW 2753.
What is the population of Richmond?
#Richmond, NSW 2753 is home to 3,725 residents (ABS Census 2021). The median resident age is 34, and the average household holds 1.9 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Richmond?
#The median household in Richmond earns $1k per week — roughly $61k a year (ABS Census 2021). Median personal income runs $525/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Richmond?
#The unemployment rate in Richmond is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Richmond?
#Richmond is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Richmond?
#Richmond has 150 schools within reach, 4 of them inside the suburb itself — including St Monica's Primary School, Richmond Public School, Richmond High School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Richmond a good place to live?
#Richmond, NSW 2753 has a population of 3,725, a median age of 34, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Richmond market data last updated?
#This Richmond market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.