Theodore vs Richardson
Richardson (median $805,000) is roughly 6% cheaper to buy into than Theodore ($855,000).
Buying in Theodore or Richardson?
Selling in Theodore? The free selling guide
Theodore and Richardson side by side
| Measure | Theodore | Richardson |
|---|---|---|
| Price and market | ||
| Median house | $855,000 | $805,000 |
| Median unit | $630,000 | $316,800 |
| Renting | ||
| House rent | $430/wk | $430/wk |
| Unit rent | $430/wk | $391/wk |
| Owner occupied | 81.0% | 73.0% |
| Renter occupied | 18.0% | 26.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1027 | 1034 |
| Lifestyle and people | ||
| Walk score | 0 | 18 |
| Transit score | 80 | 80 |
| Bike score | 100 | 100 |
| Population | 3,798 | 3,058 |
| Median age | 36 | 36 |
| Climate | ||
| Annual rainfall | 638 mm | 638 mm |
| Mean max, January | 28.7°C | 28.7°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
Richardson scores higher on walkability (0/100 vs 18/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Richardson (1034) sits above Theodore (1027).
- For buyers
- Richardson is the lower entry point at $805,000 median, 6% 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 2.62%), favouring cash-flow investors.
- For families
- Richardson edges out on average school ICSEA (1034 vs 1027).
Theodore vs Richardson: common questions
Is Theodore or Richardson cheaper to buy in?
Richardson has the lower median house price at $805,000, roughly 6% below Theodore ($855,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Theodore or Richardson have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Richardson scores 1034 vs 1027 in Theodore. 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, Theodore or Richardson?
Richardson scores 18/100 on walkability vs 0/100. 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, Theodore or Richardson?
Gross rental yield on houses is 2.78% in Richardson vs 2.62% in Theodore. 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.
Keep comparing
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