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  3. West Torrens
  4. Richmond

Richmond 5033

Market analysis for investment properties in Richmond

Median Price

$1,012,000

Trend:Accelerating
+6.5%
Median Rent

$650/pw

Trend:Decelerating
-7.1%
Rental Yield

3.34%

Trend:Decelerating
-12.8%
Median DoM

26 Days

Trend:Accelerating
+36.8%
Market Analysis

Why investors are watching Richmond right now.

Richmond offers a range of shopping options, with local amenities including Richmond Shopping Centre, providing residents with a selection of retail stores and services for their convenience.

The suburb is home to several reputable schools, such as Richmond Primary School and Marleston High School, catering to the educational needs of both primary and secondary students in the area.

Residents have easy access to public transport options for commuting to the Adelaide CBD, with nearby bus stops along Marion Road and Sir Donald Bradman Drive, as well as the Torrens Park train station located a short distance away, providing convenient transportation links.

Richmond boasts a charming environment with pockets of greenery interspersed throughout the suburb, including Richmond Oval Reserve and other recreational areas, offering residents opportunities for outdoor activities and relaxation within their community.

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Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Richmond often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

West Richmond

6km from center

Median Price

$963k

+21.9%

Rental Yield

3.2%

Gross annual

Ashford

5km from center

Median Price

$1.03m

+15.1%

Rental Yield

3.8%

Gross annual

Kurralta Park

5km from center

Median Price

$955k

+12.4%

Rental Yield

3.7%

Gross annual

Strategy by LighthousePA

Where will Richmond be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Richmond, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
Consult LighthousePA
LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Richmond
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Expert Advice

LighthousePA

Investment Insights & FAQ

Frequently asked questions about the Richmond property market in 2026.

As of March 2026, the Richmond property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 6.53% and units have grown by 12.79%. These figures reflect the evolving demand within West Torrens, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Richmond range from $1,012,000 for houses to $564,500 for units. These values are calculated based on recent transaction data and current buyer activity across the West Torrens region.

For investors targeting cash flow, houses rent for $650 /pw with a 3.34% yield, while units rent for $530 /pw with a 4.88% yield. This rental performance is a key indicator of strong tenant demand within the Richmond area.

Market Insights Last Updated: March 2026