City of West Torrens

Richmond

Richmond at a glance

Median house

$1,345,000

Median unit

$260,640

Weekly rent

$620

Houses · units $485

Gross yield

2.4%

Houses, on the median

Population

3,474

Median age 36

Walk score

40

Car dependent

Prices: Median of 10 house sales · SA Government · the latest published quarter (updated October 2026) · Rent: SA rental bond data, June 2026 · Population: 2021 Census

Houses change hands at $1,345,000 on a typical sale, well above the South Australia median (10 house sales, SA Government quarterly medians, the latest published quarter (updated October 2026)). Units come in around $260,640, roughly 81% below the house median.

For buyers

A 20% deposit on the median house works out to roughly $269,000. Prices sit well above the South Australia median, so plan for a stretched deposit and shop carefully on borrowing capacity.

See what you can borrow

Market

House prices in Richmond.

Median house price

$1,345,000

Median unit price $260,640.

Median of 10 house sales · SA Government · the latest published quarter (updated October 2026)

Rental and ownership

Weekly rent (house)

$620/wk

Weekly rent (unit)

$485/wk

Owner occupied

54%

Renter occupied

44%

At a deeper level

Median House PriceSource: data.sa.gov.au · Oct 2026

$1,345,000

Median Unit PriceSource: data.sa.gov.au · Oct 2026

$260,640

PopulationSource: ABS Census 2021 · May 2026

3,474

Median age: 36

Rental data as of June 2026· rental-sa

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The brief

What to know about Richmond.

Richmond's median house price is $1,345,000 (The SA Government's quarterly suburb median from 10 house sales, the latest published quarter (updated October 2026)).

Postcode 5033 (SA), City of West Torrens, part of Greater Adelaide.

Richmond (5033) sits in the West Torrens region of South Australia. The median house here is $1,345,000, well above the South Australia median of around $720K.

Richmond has roughly 3,474 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Daily life is car-friendly: most residents drive to work, school and the shops.

Side by side

Compare Richmond with a nearby suburb.

Median, growth, schools, walkability, all in one view.

Day to day

What it’s like to live here.

Richmond scores 40/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Summer days here average around 28°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 448mm. Data comes from the Bureau of Meteorology's Adelaide (Kent Town) station, 11.1km away.

Schooling within or near the suburb covers 9 government primary, 3 government secondary, 3 Catholic, 3 independent.

Who lives here

Demographics.

The 2021 Census put Richmond's population at 3,474, with a median age of 36. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (54% own, 44% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (35%), often a marker of unit-heavy stock and walkable infrastructure.

Population

3,474

Median age

36

Family households

58%

Lone person

35%

Demographics data as of May 2026· ABS 2021 Census

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For investors

Investment overview.

Gross rental yield on houses sits at 2.40% (median rent $620/wk against a $1,345,000 price tag). Units yield 9.68% gross, often the better cash-flow play for first-time investors. With 44% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.

Gross Yield (House)

Source: data.sa.gov.au · Oct 2026

2.40%

Based on $1,345,000 median

Gross Yield (Unit)

Source: data.sa.gov.au · Oct 2026

9.68%

Based on $260,640 median

Annual Growth (House)

Source: data.sa.gov.au · Oct 2026

–

Year-on-year capital growth

Annual Growth (Unit)

Source: data.sa.gov.au · Oct 2026

–

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021 · May 2026

54%

Higher = more owner-occupier demand

Days on Market

Source: data.sa.gov.au · Oct 2026

–

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Safety

Crime and safety.

Offence Summary

180

total offences in 2025-26

Top offence categories

OFFENCES AGAINST PROPERTY152 (84.4%)
OFFENCES AGAINST THE PERSON28 (15.6%)

Crime statistics are reported at LGA level and may cover a broader area than this suburb.

Source: State Police Open Data

Crime data as of June 2026· State Police Open Data

Getting around

Walkability.

Walk Score

40

Transit Score

0

Bike Score

100

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Richmond.

Local schools for Richmond

View the catchment for each school to find out more.

Government School Catchment

Cowandilla Primary School

U, R-6CoEdGovernment
View Catchment

Richmond Primary School

U, R-6CoEdGovernment
View Catchment

Torrensville Primary School

U, R-6CoEdGovernment
View Catchment

© ACARA, licensed under CC BY 4.0.

Climate

Weather year-round.

Annual Rainfall

448 mm

Hottest Month (avg max)

28.0°C

Coldest Month (avg min)

7.0°C

Monthly Rainfall (mm)

J
F
M
A
M
J
J
A
S
O
N
D

Weather data from BOM station Adelaide (Kent Town) (11 km away)

Climate data as of May 2026· Bureau of Meteorology

Frequently asked

About Richmond.

What is the median house price in Richmond?
The median house price in Richmond, SA 5033 is $1,345,000 (The SA Government's quarterly suburb median from 10 house sales, the latest published quarter (updated October 2026)). The median unit price is $260,640.
How much is my house worth in Richmond?
A useful starting point is the Richmond median house price of $1,345,000 (units $260,640). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
Is Richmond a good investment?
On the published figures, the gross rental yield on houses in Richmond is 2.4%: the median weekly house rent is $620 (SA rental bond data, June 2026) against the median house price of $1,345,000 (SA Government, the latest published quarter, updated October 2026). No 12-month price change is published for Richmond: the SA Government figures we hold do not measure one. Whether Richmond is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
What is the Richmond postcode?
Richmond is in the 5033 postcode, in SA, in the City of West Torrens region.
Where is Richmond?
Richmond is a suburb of Adelaide, in SA 5033. It is part of the Greater Adelaide area, in the City of West Torrens region.
What is the average rent in Richmond?
The median weekly rent for houses is $620, for units it's $485.
What schools are in Richmond?
There are 20 schools serving Richmond on this page, including Tenison Woods Catholic Primary School, Cowandilla Primary School, Richmond Primary School.
How walkable is Richmond?
Richmond has a Walk Score of 40 out of 100, car-dependent for most errands. transit score 0, bike score 100.
What suburbs are near Richmond?
Richmond is close to Marleston, West Richmond, Mile End South, Cowandilla.
What is the population of Richmond?
The population of Richmond is approximately 3,474 (2021 Census). The median age is 36.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

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