West Richmond, SA 5033
Compare Part of West Torrens
4.73 km
Distance from Adelaide CBD
8 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $365,000 | 0.0% | $26,500 | $540,000 | 13 |
| 2010 | $357,000 | -2.2% | $264,000 | $448,000 | 14 |
| 2011 | $420,000 | +15.0% | $293,000 | $22,929,000 | 18 |
| 2012 | $354,000 | -18.6% | $227,000 | $420,500 | 15 |
| 2013 | $361,500 | +2.1% | $205,000 | $490,000 | 26 |
| 2014 | $418,252 | +13.6% | $339,000 | $480,000 | 14 |
| 2015 | $427,000 | +2.0% | $271,000 | $560,000 | 17 |
| 2016 | $455,000 | +6.2% | $326,000 | $495,000 | 13 |
| 2017 | $432,000 | -5.3% | $284,000 | $550,000 | 16 |
| 2018 | $469,000 | +7.9% | $355,000 | $575,000 | 7 |
| 2019 | $450,000 | -4.2% | $295,000 | $575,000 | 19 |
| 2020 | $476,000 | +5.5% | $330,000 | $630,000 | 18 |
| 2021 | $555,000 | +14.2% | $400,000 | $1,036,000 | 14 |
| 2022 | $705,000 | +21.3% | $396,000 | $815,000 | 14 |
| 2023 | $750,000 | +6.0% | $470,000 | $925,000 | 14 |
| 2024 | $777,000 | +3.5% | $585,000 | $832,500 | 3 |
Median Sale Price
$750K
Based on 15 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
+6.0%
Current Median Price: $750,000
Previous Median Price: $705,000
Based on 29 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $350 | 0.0% | $250 | $450 | 19 |
| 2012 | $310 | -12.9% | $290 | $375 | 5 |
| 2013 | $385 | +19.5% | $260 | $500 | 23 |
| 2014 | $390 | +1.3% | $280 | $530 | 16 |
| 2015 | $350 | -11.4% | $290 | $460 | 17 |
| 2016 | $390 | +10.3% | $270 | $500 | 14 |
| 2017 | $360 | -8.3% | $270 | $450 | 17 |
| 2018 | $360 | 0.0% | $270 | $600 | 15 |
| 2019 | $350 | -2.9% | $270 | $400 | 10 |
| 2020 | $380 | +7.9% | $300 | $390 | 8 |
| 2021 | $400 | +5.0% | $295 | $550 | 7 |
| 2022 | $495 | +19.2% | $330 | $750 | 16 |
| 2023 | $600 | +17.5% | $300 | $750 | 10 |
| 2024 | $560 | -7.1% | $560 | $560 | 1 |
Median Rent Price
$600
per week
Based on 7 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+13.3%
Current Median Rent: $600
Previous Median Rent: $520
Based on 21 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $750,000
Current Median rent: $600
Based on 22 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For West Richmond
Houses sold in Last 12 months ends 13 Apr 2024
$585K
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$585K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 1 | |
Similar Suburbs to West Richmond 5033
Based on median house sale price sold in last 12 months
Schools closest to West Richmond, SA 5033
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Cowandilla Primary School | JENKINS STREETCowandilla 5033 | Primary | Government | 0.75 km |
| Tenison Woods Catholic Primary School | 68 BROOKER TCERichmond 5033 | Primary | Catholic | 0.81 km |
| St John Bosco School | 19 LIPSETT TCEBrooklyn Park 5032 | Primary | Catholic | 1.13 km |
| Warriappendi School | JOHN STREETMarleston 5033 | Secondary | Government | 1.67 km |
| Lockleys Primary School | ELSTON STREETBrooklyn Park 5032 | Primary | Government | 1.84 km |
| Richmond Primary School | SURREY ROADKeswick 5035 | Primary | Government | 1.84 km |
| Torrensville Primary School | HAYWARD AVENUETorrensville 5031 | Primary | Government | 2.21 km |
| Lockleys North Primary School | MALURUS AVENUELockleys 5032 | Primary | Government | 2.45 km |