Marleston vs Richmond
Marleston (median $1,065,000) is roughly 21% cheaper to buy into than Richmond ($1,345,000).
Buying in Marleston or Richmond?
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Marleston and Richmond side by side
| Measure | Marleston | Richmond |
|---|---|---|
| Price and market | ||
| Median house | $1,065,000 | $1,345,000 |
| Median unit | $260,640 | $260,640 |
| House price change, 12 months | +11.2% | – |
| Renting | ||
| House rent | $565/wk | $620/wk |
| Unit rent | $455/wk | $485/wk |
| Owner occupied | 52.0% | 54.0% |
| Renter occupied | 47.0% | 44.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1077 | 1067 |
| Lifestyle and people | ||
| Walk score | 28 | 40 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 1,950 | 3,474 |
| Median age | 37 | 36 |
| Climate | ||
| Annual rainfall | 450 mm | 450 mm |
| Mean max, January | 29.1°C | 29.1°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
Richmond scores higher on walkability (28/100 vs 40/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Marleston (1077) sits above Richmond (1067).
- For buyers
- Marleston is the lower entry point at $1,065,000 median, 21% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Marleston offers the higher gross rental yield (2.76% vs 2.40%), favouring cash-flow investors.
- For families
- Marleston edges out on average school ICSEA (1077 vs 1067).
Marleston vs Richmond: common questions
Is Marleston or Richmond cheaper to buy in?
Marleston has the lower median house price at $1,065,000, roughly 21% below Richmond ($1,345,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Marleston or Richmond have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Marleston scores 1077 vs 1067 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, Marleston or Richmond?
Richmond scores 40/100 on walkability vs 28/100. 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, Marleston or Richmond?
Gross rental yield on houses is 2.76% in Marleston vs 2.40% in Richmond. 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.
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