Londonderry vs Richmond.
Comparing two suburbs with median house prices of $1,900,000 and $950,000. Richmond edges out on more headline metrics in this comparison.
Richmond (median $950,000) is roughly 100% cheaper to buy into than Londonderry ($1,900,000). Over the past year, Richmond (+8%) ran 8.0 percentage points ahead of Londonderry (0%) on house-price growth.
Richmond scores higher on walkability (8/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Londonderry (994) sits above Richmond (982). Londonderry skews owner-occupied (75%), Richmond runs more rental-dense (51% owner).
For buyers
Richmond is the lower entry point at $950,000 median, 100% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Richmond carries both higher gross yield (3.72% vs 1.86%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Londonderry edges out on average school ICSEA (994 vs 982). Londonderry also has a higher family-household share (84% vs 56%), so the catchment community skews family-heavy.
Common questions
Is Londonderry or Richmond cheaper to buy in?
Richmond has the lower median house price at $950,000, roughly 100% below Londonderry ($1,900,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Londonderry or Richmond?
Over the past 12 months, Richmond grew +8% vs 0% in Londonderry, a gap of 8.0 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Londonderry or Richmond have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Londonderry scores 994 vs 982 in Richmond. 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 is more walkable, Londonderry or Richmond?
Richmond scores 100/100 on walkability vs 8/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Londonderry or Richmond?
Gross rental yield on houses is 3.72% in Richmond vs 1.86% in Londonderry. 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.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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