Richmond (SA)

An assessment of population growth drivers in Richmond reveals an overall ranking slightly below national averages considering recent, and medium term trends

Richmond's population, according to AreaSearch's analysis, was approximately 18,547 as of November 2025. This figure represents an increase of 1,525 people, a 9.0% rise from the 2021 Census count of 17,022 residents. The change is inferred from the estimated resident population of 18,248 recorded by the ABS in June 2024, along with an additional 198 validated new addresses since the Census date. This results in a population density ratio of 2,076 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Richmond's growth rate exceeded the state average of 8.7% between the 2021 Census and November 2025, positioning it as a growth leader in the region. Overseas migration accounted for approximately 89.2% of overall population gains during recent periods.

AreaSearch employs ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and years beyond 2032, the SA State Government's Regional/LGA projections by age category are used. These projections were released in 2023 and based on 2021 data, with adjustments made using a method of weighted aggregation of population growth from LGA to SA2 levels. Examining future trends, Richmond is projected to experience above median population growth for national areas. By 2041, the area is expected to grow by 3,122 persons, reflecting an overall increase of 15.2% over the 17-year period, based on the latest annual ERP population numbers.

AreaSearch assessment of residential development activity positions Richmond among the top 25% of areas assessed nationwide

Richmond has seen approximately 87 new homes approved annually. Over the past five financial years, from FY-21 to FY-25, around 436 homes were approved, with another 72 approved so far in FY-26. On average, about 2.2 people have moved to the area per new home constructed over these years, indicating strong demand that supports property values.

New homes are being built at an average construction cost of $264,000. In terms of commercial development, around $114.3 million in approvals have been registered this financial year. Compared to Greater Adelaide, Richmond records about three-quarters the building activity per person and ranks among the 71st percentile nationally for new building activity.

The types of housing being built show a blend, with 54.0% detached houses and 46.0% medium and high-density housing, offering choices across price ranges from spacious family homes to more compact options. With around 182 people per dwelling approval, Richmond exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, Richmond is projected to gain approximately 2,823 residents by 2041. Development appears to be keeping pace with projected population growth, although increasing competition among buyers may result from the expanding population.

Richmond has limited levels of nearby infrastructure activity, ranking in the 9thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch identified 13 projects likely impacting the area. Notable projects include Southwark Grounds (Thebarton Technology Hub), North-South Corridor, Southwark Grounds, and Frank Norton Reserve Redevelopment. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Richmond demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Richmond has a highly educated workforce with significant representation in essential services sectors. Its unemployment rate was 3.4% as of September 2025, which is below Greater Adelaide's rate of 3.9%. The area experienced an estimated employment growth of 4.5% over the past year.

As of September 2025, there were 11,118 residents employed in Richmond with a workforce participation rate of 72.4%, higher than Greater Adelaide's 66.5%. According to Census responses, only 10.7% of residents worked from home. Leading industries for employment among residents include health care & social assistance, retail trade, and accommodation & food. The area has a particularly strong specialization in accommodation & food with an employment share 1.4 times the regional level.

Conversely, construction shows lower representation at 6.7% compared to the regional average of 8.7%. Richmond functions as an employment hub with 1.2 workers for every resident, hosting more jobs than residents and attracting workers from surrounding areas. Over the 12 months to September 2025, employment increased by 4.5% while labour force increased by 4.2%, resulting in a decrease of unemployment by 0.3 percentage points. In contrast, Greater Adelaide experienced employment growth of 3.0% and labour force growth of 2.9%, with a drop of 0.1 percentage point in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Richmond's employment should increase by 6.8% over five years and 14.1% over ten years, based on industry-specific projections applied to the local employment mix.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2023 shows Richmond SA2 had a median income of $55,517 and an average income of $64,885. These figures are below the national average. In comparison, Greater Adelaide had a median income of $54,808 and an average income of $66,852. Based on Wage Price Index growth of 8.8% since financial year 2023, current estimates for Richmond SA2 would be approximately $60,402 (median) and $70,595 (average) as of September 2025. According to the 2021 Census, incomes in Richmond rank modestly, between the 38th and 43rd percentiles for household, family, and personal incomes. Income distribution data indicates that 31.6% of locals (5,860 people) fall into the $1,500 - 2,999 income category, similar to regional levels where 31.8% occupy this bracket. Housing affordability pressures are severe in Richmond, with only 83.5% of income remaining after housing costs, ranking at the 39th percentile. The area's SEIFA income ranking places it in the 5th decile.

Richmond displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

Richmond's dwelling structure, as per the latest Census, comprised 66.2% houses and 33.8% other dwellings. In Adelaide metro, this was 75.2% houses and 24.9% other dwellings. Home ownership in Richmond was at 27.9%, with mortgaged dwellings at 29.3% and rented ones at 42.8%. The median monthly mortgage repayment in Richmond was $1,733, compared to Adelaide metro's $1,562. The median weekly rent figure in Richmond was $325, while in Adelaide metro it was $320. Nationally, Richmond's mortgage repayments were lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.

Richmond features high concentrations of group households and lone person households, with a lower-than-average median household size

Family households constitute 59.3 percent of all households, including 23.0 percent couples with children, 23.5 percent couples without children, and 10.9 percent single parent families. Non-family households account for the remaining 40.7 percent, with lone person households at 31.6 percent and group households comprising 9.1 percent of the total. The median household size is 2.3 people, which is smaller than the Greater Adelaide average of 2.5.

The educational profile of Richmond exceeds national averages, with above-average qualification levels and academic performance metrics

Richmond's residents aged 15+ have a higher university qualification rate at 37.5%, compared to South Australia's 25.7% and Greater Adelaide's 28.9%. Bachelor degrees are the most common at 24.9%, followed by postgraduate qualifications (9.3%) and graduate diplomas (3.3%). Vocational credentials are held by 26.0%, with advanced diplomas at 9.3% and certificates at 16.7%. Educational participation is high, with 28.1% currently enrolled in formal education: 10.1% in tertiary, 7.2% in primary, and 4.9% in secondary education.

Educational participation is notably high, with 28.1% of residents currently enrolled in formal education. This includes 10.1% in tertiary education, 7.2% in primary education, and 4.9% pursuing secondary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Richmond has 88 active public transport stops, all of which are bus stops. These stops are served by 54 different routes that collectively facilitate 4,353 weekly passenger trips. Transport accessibility in Richmond is rated as good, with residents typically living within 222 meters of the nearest stop. Most residents commute outwards from this primarily residential area. Car remains the dominant mode of transport at 75%, while bus usage stands at 12%. The average vehicle ownership per dwelling is 1.1, which is below the regional average.

According to the 2021 Census, only 10.7% of residents work from home, a figure that may reflect COVID-19 conditions. Service frequency averages 621 trips per day across all routes, equating to approximately 49 weekly trips per individual stop.

Richmond's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts

Richmond's health data shows positive results, aligning with national benchmarks for mortality rates and health conditions.

The prevalence of common health issues is low among Richmond residents but higher among older, at-risk groups compared to national averages. Approximately 51% (~9,496 people) have private health cover. Mental health issues and arthritis are the most prevalent conditions, affecting 9.0 and 7.0% of residents respectively. About 70.4% claim to be free from medical ailments, compared to 67.9% in Greater Adelaide. Working-age residents' health outcomes are typical. Richmond has 15.5% (2,880 people) aged 65 and over, lower than Greater Adelaide's 19.0%. Senior health outcomes present challenges but rank lower nationally than the broader population.

Richmond was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Richmond's population shows high cultural diversity, with 33.0% born overseas and 34.6% speaking a language other than English at home. Christianity is the predominant religion in Richmond, accounting for 43.0% of its population. The category 'Other' is overrepresented in Richmond compared to Greater Adelaide, comprising 2.6% versus 1.8%.

Regarding ancestry, the top three groups are English (20.2%), Australian (18.1%), and Other (11.9%). Notably, Greek (9.5%) and Italian (6.9%) populations are overrepresented in Richmond compared to regional averages of 2.0% and 5.2%, respectively.

Richmond's population is slightly younger than the national pattern

The median age in Richmond is 36, which is slightly below Greater Adelaide's average of 39 and also below the Australian median of 38. Compared to Greater Adelaide, Richmond has a higher proportion of residents aged 25-34 (22.0%) but fewer residents aged 5-14 (7.9%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.5%. According to the 2021 Census, the proportion of Richmond's population aged 25 to 34 has increased from 20.6% to 22.0%, while the proportion of those aged 45 to 54 has decreased from 12.7% to 11.2%. By 2041, Richmond is projected to experience significant changes in its age composition, with the 75-84 age group expected to grow by 56%, reaching a total of 1,303 people from the current figure of 834.