NORTH RICHMOND
With a housing landscape characterized by established valuations, North Richmond presents a unique case study in local market dynamics. The suburb currently holds a median house price of $1.17m. Retrospective data highlights a period of significant value appreciation. Over the past five years, capital values have shifted by 72%, a figure that reflects a fundamental re-rating of the suburb's desirability amongst buyers seeking exposure to this specific price bracket.
Lifestyle Profile
Leafy and open, the visual appeal of North Richmond lies in its low-density layout. It avoids the claustrophobia of the inner-city, offering residents a sense of space and sky.
It is a neighborhood where connectivity matters. The vibe is friendly and grounded, with a strong culture of neighbors knowing each other—a throwback to traditional suburban values.
Lifestyle amenities are practical and abundant. The suburb is typically anchored by a major shopping center or high street that covers all daily needs, from supermarkets to medical centers.
The Demographic Profile
Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $90,000. This places North Richmond in a bracket where dual-income households are the norm for mortgage serviceability. It reflects a competitive environment where buyers are likely professional couples or established families.
Education & Catchments
School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as Richmond Public School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.
Market Outlook
Data indicates a robust performance, with 72.1% growth over 5 years. This suggests the area has been 'discovered' by the broader market.
Quick FAQ about North Richmond:
- Is North Richmond expensive? With a median price of $1.17m, it is considered a established market, often attracting buyers seeking classic living standards.
- What are the schools like? The catchment for Richmond Public School is a major driver of local demand.
Primary Schools
Richmond Public School
Kurrajong Public School
Grose View Public School
Kurmond Public School
Richmond North Public School
Kurrajong East Public School
Freemans Reach Public School
Hobartville Public School
Glossodia Public School
Secondary / High Schools
Explore Nearby Markets
Local Schools & Maps
Explore primary and secondary schools in the catchment area.
Primary Schools
Secondary Schools
DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.
NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.
DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.