Median priceⓘLast 12 months
472kk
↑ +50.0% YoY
Mount Richon, WA 6112
Property data updated ·2,067 residents
Last 12 months snapshot
56 sales · 12 leases · Refreshed July 2026
Mount Richon property market
House sales dominate Mount Richon, with 50 sales at around $880k (up) as of July 2026, taking about 12 days to sell (down from 18 days last year), among the country's most in-demand house markets, just under half of homes are 3-bedroom.
House rentals are a much smaller second, with 9 leases at $635 a week, renting out in about 28 days. Then come 6 unit sales at around $309k and 3 unit rentals at $600 a week.
Middle-incomeOlder communityMostly ownersStrongly multicultural
Who lives hereA middle-income, mostly owner-occupied, older-leaning suburb — strongly multicultural.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Census · ABS 2021
Mount Richon demographics & population
Population
2,067
Median age
50yrs
Avg household
2.3people
Male · Female
50% · 50%
Owner-occupied
50%
Renting
50%
Lone person
50%
Couples, no kids
50%
Born overseas
50%
Year 12+ⓘ
50%
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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Census · ABS 2021
Who lives in Mount Richon?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Age & sex1,318 residentsMaleFemale
Share of all residents by 5-year band · hover a band for the count + split
Life stage
50%
50%
50%
50%
50%
50%
Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%
Household composition
50%
50%
50%
50%
50%
Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%
1.8 people / household0.5 persons / bedroom50% are 5+ person
Household sizepersons per dwelling
50%1
50%2
50%3
50%4
50%5
50%6+
Cultural make-upshare of residents · diversity = odds two differ
Born overseasⓘResidents born outside Australia, as a share of those who stated a birthplace.50%
Other language at homeⓘResidents who mainly speak a language other than English at home — counts the language used, not how well English is spoken.50%
Limited EnglishⓘResidents who speak English “not well” or “not at all”. A language-barrier measure, not bilingualism — many who speak another language at home still speak English well.50%
Both parents overseasⓘResidents whose mother and father were both born overseas — the Australian-born-to-migrants “second generation”, distinct from being born overseas yourself.50%
Australian citizensⓘResidents who are Australian citizens — both Australian-born and people who have since naturalised.50%
Birthplace diversity49%
Chance two random residents were born in different countries
Language diversity12%
Chance two random residents speak different languages at home
Religious diversity41%
Chance two random residents follow different religions
Where residents were borntop birthplaces
Afghanistan50%
Australia50%
Bangladesh50%
Bosnia & Herzegovina50%
Brazil50%
Cambodia50%
Canada50%
Chile50%
Languages at hometop languages
English only50%
Afrikaans50%
Arabic50%
Australian Indigenous50%
Cantonese50%
Mandarin50%
Other Chinese50%
Croatian50%
Ancestry% reporting · multi-response
Australian50%
Aboriginal/Torres Strait Islander50%
Chinese50%
Croatian50%
Dutch50%
English50%
Faith & belieftap Christianity
No religion50%
▸Christianity50%
Islam50%
Buddhism50%
Hinduism50%
Judaism50%
Other religions50%
Family originsparents’ birthplace
50%
50%
50%
Both parents overseas50%One parent overseas50%Both parents in Australia50%
A strongly multicultural community with deep migrant heritage.
When migrants arrivedshare of overseas-born
Before 198150%
1981-200050%
2001-201050%
2011-201550%
2016-202150%
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.
Census · ABS 2021
Housing & affordability in Mount Richon
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Affordability at a glance
LowMedianHighPercentile
Median weekly rentⓘMiddle weekly rent paid by renting households.Bottom 27%Median weekly rent · $245/wk — below average: in the bottom 27%, lower rent than 73% of Aussie suburbs.
Median monthly mortgageⓘMiddle monthly mortgage repayment among households with a mortgage.Bottom 38%Median monthly mortgage · $1,599/mo — below average: in the bottom 38%, lower mortgages than 62% of Aussie suburbs.
Rent stress (rent ÷ income)ⓘMedian weekly rent as a share of median weekly household income — a rough rental-affordability gauge. Higher = rent takes a bigger bite.Top 50%Rent stress · 50% — typical: right around the median for Aussie suburbs.
Mortgage stress (repay ÷ income)ⓘMedian mortgage repayment (converted to weekly) as a share of median weekly household income. Higher = repayments take a bigger bite.Top 50%Mortgage stress · 50% — typical: right around the median for Aussie suburbs.
High mortgage (≥$3k/mo)ⓘMortgaged households repaying $3,000 or more per month.Top 50%High mortgage · 50% — typical: right around the median for Aussie suburbs.
Social housingⓘHouseholds renting from a state housing authority or community housing provider.Top 50%Social housing · 50% — typical: right around the median for Aussie suburbs.
Unoccupied on census nightⓘDwellings recorded as unoccupied on Census night — holiday homes, between-tenant rentals, etc.Top 50%Unoccupied on census night · 50% — typical: right around the median for Aussie suburbs.
Large dwellings (4+ bed)ⓘOccupied dwellings with 4 or more bedrooms.Top 50%Large dwellings · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Bedrooms per dwellingshare of dwellings
50%0
50%1
50%2
50%3
50%4
50%5
50%6+
Who owns vs rentsoccupied dwellings
50%
50%
50%
50%
Owned outright50%Mortgage50%Renting50%Other50%
What’s built heredwelling types
50%
50%
50%
50%
House50%Townhouse50%Apartment50%Other50%
50% separate houses50% apartments50% high-rise
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.
Census · ABS 2021
Income & employment in Mount Richon
Incomes, employment, and the occupation mix of the people who live here.
Income & work at a glance
LowMedianHighPercentile
Median personal incomeⓘMiddle weekly income of individuals aged 15+.Bottom 27%Median personal income · $425/wk — below average: in the bottom 27%, lower personal income than 73% of Aussie suburbs.
Median family incomeⓘMiddle weekly income of families.Bottom 34%Median family income · $1,188/wk — below average: in the bottom 34%, lower family income than 66% of Aussie suburbs.
Managers & professionalsⓘEmployed residents who work as managers or professionals.Top 50%Managers & professionals · 50% — typical: right around the median for Aussie suburbs.
High earners (≥$2k/wk)ⓘResidents earning $2,000 or more per week.Top 50%High earners · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Occupations
LowMedianHighPercentile
Managers & professionalsⓘEmployed residents who work as managers or professionals.Top 50%Managers & professionals · 50% — typical: right around the median for Aussie suburbs.
Clerical & adminⓘEmployed residents in clerical and administrative jobs.Top 50%Clerical & admin · 50% — typical: right around the median for Aussie suburbs.
Community & personal serviceⓘEmployed residents in community and personal-service jobs — care, hospitality, security and similar.Top 50%Community & personal service · 50% — typical: right around the median for Aussie suburbs.
Sales workersⓘEmployed residents in sales jobs.Top 50%Sales workers · 50% — typical: right around the median for Aussie suburbs.
Technicians, trades & labourersⓘEmployed residents in technical/trade, machinery-operating and labouring jobs.Top 50%Technicians, trades & labourers · 50% — typical: right around the median for Aussie suburbs.
Household incomeheight = share of households · weekly
Personal incomeheight = share of residents 15+ · weekly
A typical household pulls in about 2.4× the typical individual — a multi-earner area.
Labour forceemployment status · residents 15+
50%
50%
50%
50%
50%
Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%
LowMedianHighPercentile
Full-time workersⓘResidents in the labour force who are employed full-time.Top 50%Full-time workers · 50% — typical: right around the median for Aussie suburbs.
Part-time workersⓘEmployed residents working part-time, of all employed.Top 50%Part-time workers · 50% — typical: right around the median for Aussie suburbs.
Unemployment rateⓘShare of the labour force (people working or actively looking) who are unemployed — not a share of all residents.Top 50%Unemployment rate · 50% — typical: right around the median for Aussie suburbs.
Not in labour forceⓘResidents 15+ neither working nor looking for work — retirees, students, carers.Top 50%Not in labour force · 50% — typical: right around the median for Aussie suburbs.
Labour-force participationⓘResidents 15+ who are in the labour force — working or looking for work.Top 50%Labour-force participation · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
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.
Census · ABS 2021
Getting around Mount Richon
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Transport at a glance
LowMedianHighPercentile
Public transport to workⓘCommuters who travelled to work by train, bus, ferry or tram, of those who travelled.Top 50%Public transport to work · 50% — typical: right around the median for Aussie suburbs.
Walked or cycled to workⓘCommuters who walked or cycled to work, of those who travelled.Top 50%Walked or cycled to work · 50% — typical: right around the median for Aussie suburbs.
Worked from homeⓘEmployed residents who worked from home in the Census week — elevated by COVID in 2021.Top 50%Worked from home · 50% — typical: right around the median for Aussie suburbs.
No motor vehicleⓘHouseholds with no motor vehicle.Top 50%No motor vehicle · 50% — typical: right around the median for Aussie suburbs.
Vehicles per dwellingⓘAverage number of motor vehicles per household.Bottom 11%Vehicles per dwelling · 1.00 — well below average: in the bottom 11%, fewer vehicles per home than 89% of Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Journey to workamong commuters · top modes
Car (driver)50%
Car (passenger)50%
Train50%
Bus50%
Tram/light rail50%
Ferry50%
Walked50%
Vehicles per dwellingshare of households
50%0
50%1
50%2
50%3
50%4+
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 Mount Richon
No school inside Mount Richon itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
Within Mount Richon0schools in the suburb itself
Primary schools0within 5 km · nearest 9.7 km
Secondary schools0within 5 km · nearest 9.7 km
What is ICSEA Rank?
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.
Nearby within0 schools
- No schools within 5 km — widen the radius.
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.
Census · ABS 2021
Turnover
How settled or transient the community is — and where newcomers came from.
Settledness at a glance
LowMedianHighPercentile
Settled 5+ yearsⓘResidents living at the same address as five years ago — how settled the community is.Top 50%Settled 5+ years · 50% — typical: right around the median for Aussie suburbs.
Moved in past yearⓘResidents living at a different address one year earlier.Top 50%Moved in past year · 50% — typical: right around the median for Aussie suburbs.
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.Top 50%Arrived from overseas · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Where residents lived 5 years agoof those who stated
50%
50%
50%
50%
Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%
Residential paceshare of residents
Moved in the past yearⓘResidents living at a different address one year earlier.50%
Moved in the past 5 yearsⓘResidents not living at the same address as five years ago.50%
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.50%
Property market
Market snapshot
Mount Richon median house price & rent
Headline price, rent, yield and time on market for Mount Richon — choose a property type and size below.
Active segment
Houses
Units
Days on marketⓘLast 12 months
20
↑ 7 days YoY
SoldⓘLast 12 months
8
↑ +0.5% YoY
Months of supplyⓘLast 12 months
1.1mo
Median rentⓘLast 12 months
$429/w
↑ +0.5% YoY
Days to leaseⓘLast 12 months
12
↓ 2 days YoY
LeasedⓘLast 12 months
2
↑ +0.5% YoY
Gross yieldⓘLast 12 months
4.23%
Annualised
Data confidenceSales sample10GoodLease sample2Too thinThin samples can swing month-to-month — treat single-figure deltas with care.
Segment breakdown
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.
Demand percentile 0–100 · last 12 months12-mo change
Sales
Rental
Demand
Segment
Sold
Price
DOM
Leased
Rent
DOM
Yield
SalesRent
01
Houses · 2 bed10 sales · 2 leases
Sold8+0.5%
Price—
Sales DOM—
Leased2
Rent—
Rental DOM—
—
Sales—
Rent—
02
Houses · 3 bed10 sales · 2 leases
Sold8▲+50.0%
Price—
Sales DOM—
Leased2+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
03
Houses · 4 bed10 sales · 2 leases
Sold8+0.5%
Price—
Sales DOM—
Leased2+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
04
Units · 3 bed10 sales · 2 leases
Sold8
Price—
Sales DOM—
Leased2+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
05
Units · 1 bed10 sales · 2 leases
Sold8+0.5%
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
06
Units · 2 bed10 sales · 2 leases
Sold8
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
All houses
Sold8+0.5%
Price—
Sales DOM—
Leased2+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
All units
Sold8▲+50.0%
Price—
Sales DOM—
Leased2+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
Where each segment ranks
Mount Richon property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Metric
Ranked against
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
3/3above median
02550 · MEDIAN75100
Percentile vs WA
Value
Units
No ranked segments
02550 · MEDIAN75100
Percentile vs WA
Value
The buy-versus-rent equation
Buying vs renting in Mount Richon
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.
Not enough overlapping sales and rental activity in Mount Richon to compute an ownership premium yet.
Market data
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.
Side
View
Property
Bedrooms
Radius
Compared against
Sales market velocity
4 nearby suburbs · 10km · Total house · sales
risingfalling
DOM change YoYis demand rising or falling?
median
median
Recoveryweak but rising
Boomstrong and rising
Troughweak and falling
Peakstrong but easing
Nearby suburb
Demand index
47 / 100vs WA
Days on market
7 days▲ +2 days YoY
Median price
$483k▲ +14.5% YoY
Sold (last year)
27▼ −24.6% YoY
Nearby suburb
Demand index
88 / 100vs WA
Days on market
8 days▲ +3 days YoY
Median price
$455k▲ +9.8% YoY
Sold (last year)
205▼ −11.3% YoY
Nearby suburb
Demand index
60 / 100vs WA
Days on market
12 days▲ +2 days YoY
Median price
$647k▲ +20.8% YoY
Sold (last year)
54▲ +1.1% YoY
Nearby suburb
Demand index
9 / 100vs WA
Days on market
21 days▲ +14 days YoY
Median price
$1.04M▲ +24.0% YoY
Sold (last year)
14▼ −23.5% YoY
Mount Richon · this suburb
Demand index
63 / 100vs WA
Days on market
20 days▼ −7 days YoY
Median price
$472k▲ +50.0% YoY
Sold (last year)
8▲ +0.5% YoY
weakSales market velocityhow strong sales demand isstrong
This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures
Market data
Mount Richon against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Mount Richon in blue, peers in colour.
Pair
View
Property
Bedrooms
Radius
How fast — and is it getting faster?
3 peer suburbs · 10km · Total house
fasterslower
DOM change YoYvs 12 months ago
median
median
Recoveringquiet but accelerating
Boomingbusy and accelerating
Stalledquiet and slowing further
Coolingbusy but slowing
Nearby suburb
Demand index
54 / 100vs Australia
Days on market
7 days▲ +2 days YoY
Median price
$483k▲ +14.5% YoY
Sold (last year)
27▼ −24.6% YoY
Gross yield
2.46%
Nearby suburb
Demand index
84 / 100vs Australia
Days on market
8 days▲ +3 days YoY
Median price
$455k▲ +9.8% YoY
Sold (last year)
205▼ −11.3% YoY
Gross yield
3.01%
Nearby suburb
Demand index
50 / 100vs Australia
Days on market
12 days▲ +2 days YoY
Median price
$647k▲ +20.8% YoY
Sold (last year)
54▲ +1.1% YoY
Gross yield
2.87%
Mount Richon · this suburb
Demand index
50 / 100vs Australia
Days on market
20 days▼ −7 days YoY
Median price
$472k▲ +50.0% YoY
Sold (last year)
8▲ +0.5% YoY
Gross yield
4.23%
slowDays on marketmedian days to sellfast
This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures
How much is available right now?
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.
View
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. |
|---|
median
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. |
|---|
median
Severe
Very Tight
Tight
Balanced
Loose
Very Loose
Saturated
Under-suppliedOver-supplied
Market data
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.
Property
Mount Richon — Units & Houses, all bedrooms
Jul 2021 – Jun 2026 · each point = a 12-month window
0%25%50%75%100%20222023202420252026
Sales · buyer transactions
Leases · tenant transactions
Five-year arc
Mount Richon 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 Mount Richon rose from $276k (Jul 2021) to $625k (Jun 2026) — +126.3% growth over five years — peaking at $669k between Jun 2025 and May 2026. Median house rent went from $351/wk to $552/wk (+57.3%) over the same period. For units, the median sale price fell from $216k to $165k (−23.5%), with rent up from $180/wk to $388/wk (+115.6%) over the same period.
PropertyBedrooms
Median price (trailing year)
Jun 2026
$625k+14.7%
5y median $405kvs last year $545k
Total sales (trailing year)
Jun 2026
44+41.9%
5y median 34vs last year 31
Days on market (trailing year)
Jun 2026
23 days+9
5y median 19 daysvs last year 14 days
Median rent (trailing year)
Jun 2026
$552/wk-0.2%
5y median $382/wkvs last year $553/wk
Total leases (trailing year)
Jun 2026
6-25.0%
5y median 8vs last year 8
Days on market (rental) (trailing year)
Jun 2026
22 days+1
5y median 18 daysvs last year 21 days
Gross yield (trailing year)
May 2026
2.83%-0.77 pt
5y median 3.11%vs last year 3.60%
Months of supply
Jun 2026
1.2 months-43.6%
5y median 2.2 monthsvs last year 2.2 months
Months of supply (rental)
Jun 2026
2.1 months+6.9%
5y median 1.4 monthsvs last year 2.0 months
Nearby markets
Suburbs near Mount Richon: prices compared
The nearest suburbs to Mount Richon, ranked by distance — each lined up against Mount Richon on the same measures, so the differences jump out at a glance.
Market
Property
Bedrooms
Radius
Colour by
This marketMount RichonWA 6112 · Houses · Total
Price$472k
DOM20 days
Sold8
5 markets within 5kmLast 12 months
01
BrookdaleWA 6112 · 1.1km · Houses · Total
Price$483k
DOM7 days
Sold27
pricierfaster
02WungongWA 6112 · 1.3km · Houses · Total
Price$844k
DOM76 days
Sold1
much priciermuch slower
03ArmadaleWA 6112 · 1.6km · Houses · Total
Price$455k
DOM8 days
Sold205
cheaperfaster
04Mount NasuraWA 6112 · 2.0km · Houses · Total
Price$647k
DOM12 days
Sold54
pricierfaster
05Darling DownsWA 6122 · 2.3km · Houses · Total
Price$1.04M
DOM21 days
Sold14
much priciersimilar speed
Houses · TotalSales market
Stat colourHow each suburb's stat compares to Mount Richon
Much lowerLowerSimilarHigherMuch higher
Similar markets
Suburbs like Mount Richon
Suburbs anywhere in WA that behave like Mount Richon — 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.)
Mount Richon vs Greenmount: the closest sales-market match trades at a median of $454k against Mount Richon's $472k — about 4% lower, with homes selling in 6 days versus 20 days here.
Colour by
Property
Bedrooms
Market
This marketMount RichonWA 6112 · Houses · Total
Price$472k
DOM20 days
Sold8
Most similar sales markets · within 4.7–24 kmLast 12 months
0102030405
GreenmountWA 6056 · 24km · 45% match
Price$454k
DOM6 days
Sold39
Cockburn CentralWA 6164 · 11km · 61% match
Price$467k
DOM10 days
Sold35
ByfordWA 6122 · 5km · 45% match
Price$456k
DOM10 days
Sold303
ThornlieWA 6108 · 8km · 45% match
Price$720k
DOM9 days
Sold298
FerndaleWA 6148 · 13km · 43% match
Price$444k
DOM10 days
Sold46
Stat colourHow each suburb's stat compares to Mount Richon
Much lowerLowerSimilarHigherMuch higher
Comparable sales markets to Mount Richon: Greenmount (WA 6056), Cockburn Central property growth, Byford house prices, Thornlie property market and Ferndale market trends.
Market data
Frequently asked · Mount Richon
25 data-driven answers about Mount Richon's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Mount Richon?
#The median house price in Mount Richon, WA 6112 is $472k as of June 2026, based on 10 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 Mount Richon?
#The median unit price in Mount Richon, WA 6112 is $472k as of June 2026, based on 10 sales over the past 12 months. Units currently trade at roughly 100% of the median house price.
How much does it cost to rent in Mount Richon?
#The median weekly house rent in Mount Richon is $429 as of June 2026, drawn from a very small number of recent leases. Units rent for around $429 per week. House rents have moved +0.5% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Mount Richon?
#A 3 bedroom house in Mount Richon rents for a median $429 per week as of June 2026, drawn from a very small number of recent leases. Across other house sizes: 2-bedroom $429/week, 4-bedroom $429/week. Unit rents: 3-bedroom $429/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 Mount Richon?
#Gross rental yield in Mount Richon is 4.23% for houses and 4.23% for units as of June 2026, compared with the WA unit median of 4.44%. 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 Mount Richon?
#As of June 2026, Mount Richon medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $472k | $472k | $472k | $472k |
| Units | $472k | $472k | $472k | — | $472k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Mount Richon's property market trends?
#Mount Richon's property market trends to June 2026: house prices rose +50.0% year-on-year; weekly house rents moved +0.5%; homes now sell in a median 20 days — faster than a year ago by 7; sales supply sits at 1.1 months (severe). Read together — price, rent, selling speed and supply — they show which way the Mount Richon market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Mount Richon as an investment?
#As of June 2026 in Mount Richon, house prices rose +50.0% over the year, gross rental yield is 4.23% against a WA median of 3.58%, houses take a median 20 days to sell, sales supply is 1.1 months (severe). 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 Mount Richon?
#Houses in Mount Richon sell in a median 20 days on market as of June 2026, with units clearing slightly similarly at 20 days. Days on market have tightened by 7 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Mount Richon a tight or loose property market right now?
#Mount Richon's sales market sits at 1.1 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 1.4 months of supply.
Have property prices in Mount Richon gone up or down?
#House prices in Mount Richon moved +50.0% over the 12 months to June 2026. 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 Mount Richon?
#Mount Richon's house rental market sits at 1.4 months of supply as of June 2026 — classified as Tight, with 2 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Mount Richon in its property market cycle?
#Mount Richon's house market is currently in the 'in_demand_growing' 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 Mount Richon compare to other WA suburbs?
#Mount Richon's median house price ($472k) is 15% below the WA median ($557k) as of June 2026. On selling speed, houses clear in 20 days vs 7 days state median. On gross yield, Mount Richon sits at 4.23% vs 3.58% state median.
How does Mount Richon compare to neighbouring suburbs?
#Mount Richon's most-similar nearby market is Greenmount (23.6 km away) with a median house price of $454k — about 4% cheaper. 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 Mount Richon?
#The most-transacted segment in Mount Richon over the 12 months to June 2026 is 2 bed houses with 8 sales. 3 bed houses come second at 8 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 Mount Richon last year?
#Mount Richon recorded 8 house sales and 8 unit sales over the 12 months to June 2026 — a combined 16 transactions. On the rental side, 2 houses and 2 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Mount Richon in?
#Mount Richon is in postcode 6112, in the South East Perth region of WA. Addresses there are written as Mount Richon, WA 6112.
What is the population of Mount Richon?
#Mount Richon, WA 6112 is home to 1,318 residents (ABS Census 2021). The median resident age is 25, and the average household holds 1.8 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Mount Richon?
#The median household in Mount Richon earns $1k per week — roughly $53k a year (ABS Census 2021). Median personal income runs $425/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Mount Richon?
#The unemployment rate in Mount Richon 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 Mount Richon?
#Mount Richon 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 Mount Richon?
#Mount Richon has 150 schools within reach — including Armadale Senior High School, Armadale Education Support Centre, Pioneer Village School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Mount Richon a good place to live?
#Mount Richon, WA 6112 has a population of 1,318, a median age of 25, 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 Mount Richon market data last updated?
#This Mount Richon 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.