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Suburb Insights ยท SA 5033

West Richmond 5033, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

West Richmond is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 1,087, making it a boutique locality. Located 5 km from the Adelaide CBD, West Richmond is a middle ring area in South Australia. The median household income is $78,312 AUD per year (ABS 2021 Census).

Investment Score

57 / 100 Moderate

Household incomes in West Richmond sit in a comfortable mid-range for the South Australia market. The short commute to the city centre is a key demand driver.

Location

Map shows West Richmond, South Australia, Australia.

Key Indicators

Postcode
5033

Official Australia Post postcode for West Richmond. A postcode may cover multiple suburbs.

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Population
1,087

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$320/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$78,312/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
5 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,625/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
75% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

West Richmond's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $320/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,625/month. The median household income of $78,312/year reflects a solid demographic, supporting sustainable rental demand. 75% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

West Richmond offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

West Richmond can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in West Richmond may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a West Richmond property

Full Property Analysis

30-year projections for West Richmond

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

West Richmond is expected to see moderate price growth in 2026 as the broader South Australia market stabilises. The rental market in West Richmond should see steady occupancy, with moderate upward pressure on rents. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is West Richmond a good suburb for investment?

West Richmond is a middle ring area in South Australia with a population of 1,087. The median rent is $320/week and the median household income is $78,312/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in West Richmond?

Key demand drivers in West Richmond include established amenities and transport access. 75% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of West Richmond?

According to the ABS 2021 Census, West Richmond has a population of approximately 1,087. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is West Richmond from the Adelaide CBD?

West Richmond is approximately 5 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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