Calwell vs Richardson

Richardson (median $805,000) is roughly 5% cheaper to buy into than Calwell ($845,000).

Buying in Calwell or Richardson?

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Calwell and Richardson side by side

MeasureCalwellRichardson
Price and market
Median house$845,000$805,000
Median unit$627,750$316,800
Renting
House rent$430/wk$430/wk
Unit rent$448/wk$391/wk
Owner occupied83.0%73.0%
Renter occupied15.0%26.0%
Schools
Schools nearby2020
Average ICSEA10321034
Lifestyle and people
Walk score1818
Transit score9080
Bike score100100
Population5,7303,058
Median age3736
Climate
Annual rainfall638 mm638 mm
Mean max, January28.7°C28.7°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Richardson (1034) sits above Calwell (1032). Calwell skews owner-occupied (83%), Richardson runs more rental-dense (73% owner).

For buyers
Richardson is the lower entry point at $805,000 median, 5% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Richardson offers the higher gross rental yield (2.78% vs 2.65%), favouring cash-flow investors.
For families
Richardson edges out on average school ICSEA (1034 vs 1032).

Calwell vs Richardson: common questions

Is Calwell or Richardson cheaper to buy in?

Richardson has the lower median house price at $805,000, roughly 5% below Calwell ($845,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Calwell or Richardson have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Richardson scores 1034 vs 1032 in Calwell. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Calwell or Richardson?

Gross rental yield on houses is 2.78% in Richardson vs 2.65% in Calwell. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.