Richmond 7025
Market analysis for investment properties in Richmond
Median Price
$1,000,000
Trend:Accelerating
+23.4%
Median Rent
$610/pw
Trend:Decelerating
-4.3%
Rental Yield
3.17%
Trend:Decelerating
-22.5%
Median DoM
99 Days
Trend:Decelerating
-2.9%
Market Analysis
Why investors are watching Richmond right now.
Richmond, Tasmania offers a quaint shopping experience with historic buildings housing various boutique shops, cafes, and art galleries, providing a charming atmosphere for locals and visitors alike.
The suburb is home to both primary and secondary schools, such as Richmond Primary School and St. Johns Catholic School, ensuring educational options for families within the area.
Richmond features convenient transport options with bus services connecting the suburb to the nearby Hobart CBD in approximately a 30-minute ride, offering easy access to employment opportunities and city amenities.
Surrounding greenery in Richmond includes the picturesque Richmond Park, a popular spot for picnics and leisurely strolls, as well as the Richmond Maze and Tearooms, blending natural beauty with recreational activities for residents to enjoy.
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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.
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
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 23.38%. These figures reflect the evolving demand within Clarence, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Richmond range from $1,000,000 for houses to $742,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Clarence region.
For investors targeting cash flow, houses rent for $610 /pw with a 3.17% yield, while units rent for $690 /pw with a 4.84% yield. This rental performance is a key indicator of strong tenant demand within the Richmond area.
Market Insights Last Updated: March 2026