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Richmond Vale
NSW, 2323 - Cessnock

Thinking about buying in Richmond Vale? Now could not be a better time, with just 48 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,074,000 with prices in this suburb ranging from $97,000 to $2,242,000. The aproximate distance to the coast is 20 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Richmond Vale Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Richmond Vale is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Richmond Vale changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Richmond Vale the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Local Schools

Pelaw Main Public School

(While the above schools are located with the suburb of Richmond Vale there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Richmond Vale weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

14-12-2018 $1,300,000 520 LEGGETTS DR
07-08-2018 $1,545,000 343 LEGGETTS DR
13-06-2018 $70,000 221 RICHMOND VALE RD
02-02-2018 $695,000 113 SHEPPEARD DR
22-09-2017 $630,000 113 SHEPPEARD DR
23-05-2014 $675,000 518 LEGGETTS DR
02-05-2014 $450,000 305 SHEPPEARD DR
11-10-2012 $460,000 113 SHEPPEARD DR
21-09-2012 $850,000 40 RICHMOND VALE RD
24-11-2011 $715,000 311 LEGGETTS DR
10-06-2011 $854,000 185 RICHMOND VALE RD
30-06-2009 $260,000 464 RICHMOND VALE RD
16-06-2009 $275,000 113 SHEPPEARD DR
20-05-2009 $270,000 227 SHEPPEARD DR
12-12-2008 $650,000 311 LEGGETTS DR
30-06-2008 $1,980,000 464 RICHMOND VALE RD
30-06-2008 $1,980,000 111 SHEPPEARD DR
28-08-2007 $660,000 318 SHEPPEARD DR
15-12-2006 $503,000 197 RICHMOND VALE RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Pelaw MainMulbringStanford MerthyrBuchananKurri KurriElringtonHeddon GretaButtaiWest WallsendWeston

Public Transport


General Points of Interest

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