Richmond is displaying strong investment fundamentals as of May 2026. With a vacancy rate of just 0.2%, rental properties in Richmond are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market currently sit at 17 days, indicating buyers are competing actively for available stock.
Property values have grown 11.2% over the past 12 months, reflecting genuine market momentum and strong buyer competition. Rental yields of 5.7% provide solid income returns above the national average of approximately 4.5%. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.
PropTime's composite model weighs these and 12 additional indicators to produce the 83/100 score — placing Richmond among the top-performing suburbs nationally.
Richmond is particularly suited to cashflow-focused investors. The 5.7% rental yield is above the national average, offering solid income potential.
Based on PropTime's analysis of 15 demand and supply indicators, Richmond scores 83/100 — a Strong Buy signal. Key indicators include a 0.2% vacancy rate, 5.7% rental yield, and 11.2% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Richmond data.
The current vacancy rate in Richmond is 0.2%. This is below 1%, indicating very tight rental demand. Properties are being leased quickly and tenants are competing for available rentals.
The gross rental yield in Richmond is 5.7%. The Australian national average is approximately 4.5%, so Richmond is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Richmond.
PropTime's composite model scores Richmond at 83/100 as of May 2026. Strong price growth of 11.2% over the past 12 months suggests positive momentum. Create a free PropTime account to access the full 15-factor analysis for Richmond.
Richmond scores 83/100 on PropTime. Similar suburbs by score include Orange, Bathurst, Maitland, all within the same NSW market.