9 Elms Avenue

Richmond SA 5033

The size of Richmond is approximately 1.4 square kilometres. It has 1 park covering nearly 1.2% of total area. The population of Richmond in 2011 was 3,071 people. By 2016 the population was 3,324 showing a population growth of 8.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 55.4% of the homes in Richmond were owner-occupied compared with 53.2% in 2016.

Richmond has 1,888 properties. Over the last 5 years, Houses in Richmond have seen a 72.82% increase in median value, while Units have seen a 70.73% increase. As at 31 July 2024:

• The median value for Houses in Richmond is $889,266 while the median value for Units is $527,771.
• Houses have a median rent of $610 while Units have a median rent of $420.