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Investment Property Mount Richon, WA, 6112

Suburb Snapshot

Mount Richon is a suburb in the Armadale Region of Western Australia. Mount Richon has a population of 1,974 people and 6.64% of its occupants live in rental accommodation. The median listing price for houses is $699,000 and this has changed 41.21% over the past year and changed 48.88% over 2 years.

The median rent in Mount Richon for houses is $570 per week and the median rental yield is 4.24%. Stock on the market for houses/townhouses has changed -15.38% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Mount Richon is NA per week, producing a rental yield of NA.

Supply & Demand in Mount Richon, Armadale

0.11%

Current vacancy rate


1

Rental stock available


1,974

Population


6.64%

Rental population


0.66%

Current vacancy rate


275

Rental stock available


79,598

Population


19.95%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Mount Richon, Armadale

  House Townhouses Units
Median listing price $699,000 NA NA
Median price change - last quarter 10.16% NA NA
Median price change - 1 year 41.21% NA NA
Median price change - 2 years 48.88% NA NA
  House Townhouses Units
Median weekly rent $570 NA NA
Median yield % 4.24% NA NA
Median rent change - 1 year NA NA NA
  House Units
Previous month sales 2 0
Stock on market previous month 11 1
Stock variance vs. last year -15.38% 100.00%
Average days on market 68 NA

Mount Richon investment property listings

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