North Richmond

North Richmond lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of Nov 2025, North Richmond's population is estimated at around 7,279. This reflects a growth of 921 people since the 2021 Census, which reported a population of 6,358. The increase was inferred from AreaSearch's resident population estimate of 7,136 based on latest ERP data release by ABS (June 2024), and an additional 321 validated new addresses since the Census date. This results in a density ratio of 329 persons per square kilometer. North Richmond's growth rate of 14.5% exceeded both SA3 area (4.6%) and SA4 region, making it a growth leader. Interstate migration contributed approximately 69.0% to overall population gains recently.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with base year 2022, and NSW State Government's SA2 level projections for areas not covered by this data, released in 2022 with base year 2021. Growth rates by age group are applied to all areas from 2032 to 2041. Based on these projections, North Richmond is expected to increase by 1,532 persons to 2041, reflecting a total growth of 14.5% over the 17 years.

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

North Richmond has averaged approximately 100 new dwelling approvals per year. Between fiscal years FY-21 and FY-25, around 504 homes were approved, with an additional 33 approved so far in FY-26. On average, 1.3 people have moved to the area for each dwelling built over the past five financial years.

This indicates a balanced supply and demand, maintaining stable market conditions. The average construction cost of new homes is around $523,000. In FY-26, commercial development approvals totalled $23.0 million, reflecting steady investment activity in the area. Compared to Greater Sydney, North Richmond has seen 250.0% more construction activity per person. This high level of activity reflects strong developer confidence and offers greater choice for buyers.

However, building activity has slowed in recent years. The area's construction comprises 77.0% detached houses and 23.0% townhouses or apartments, preserving its traditional low-density character with a focus on family homes. North Richmond has approximately 81 people per dwelling approval, suggesting an expanding market. By 2041, the latest AreaSearch quarterly estimate projects a growth of 1,054 residents. At current development rates, new housing supply is expected to comfortably meet demand, providing favorable conditions for buyers and potentially supporting population growth beyond current projections.

North Richmond has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Fourteen projects are expected to affect the area's performance, as identified by AreaSearch. Notable ones include Redbank Estate - Stage 8 & Future Stages, The Sanctuary North Richmond, New Richmond Bridge and Traffic Improvements, and North Richmond Woolworths & Retail Expansion.

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

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The employment environment in North Richmond shows above-average strength when compared nationally

North Richmond has a skilled workforce with essential services sectors well represented. Its unemployment rate is 2.5%, according to AreaSearch's aggregation of statistical area data.

As of June 2025, 3,447 residents are employed while the unemployment rate is 1.7% lower than Greater Sydney's rate of 4.2%. Workforce participation is similar to Greater Sydney's at 60.0%. The dominant employment sectors among residents include construction, health care & social assistance, and education & training. Construction shows particular specialization with an employment share 1.6 times the regional level.

Conversely, professional & technical services have lower representation at 5.4% compared to the regional average of 11.5%. Employment opportunities locally appear limited based on Census working population vs resident population count. In the 12-month period ending Sep-22, labour force decreased by 2.3% and employment decreased by 2.3%, maintaining a relatively stable unemployment rate. Meanwhile, Greater Sydney saw employment growth of 2.6% and labour force growth of 2.9%. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to North Richmond's employment mix suggests local employment should increase by 6.2% over five years and 13.0% over ten years, although this is a simple weighting extrapolation for illustrative purposes and does not account for localized population projections.

The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment

North Richmond had a median taxpayer income of $55,313 and an average of $68,301 according to AreaSearch's postcode level ATO data for the financial year 2022. This is higher than Greater Sydney's median income of $56,994 and average income of $80,856. By September 2025, based on a 12.61% Wage Price Index growth since 2022, estimated incomes would be approximately $62,288 (median) and $76,914 (average). The 2021 Census shows North Richmond's household, family, and personal incomes are at the 50th percentile nationally. Income distribution reveals that 32.2% of residents earn between $1,500 to $2,999 weekly, aligning with the regional trend where this cohort represents 30.9%. Housing affordability is severe in North Richmond, with only 81.2% of income remaining after housing costs, ranking at the 46th percentile. The area's SEIFA income ranking places it in the 6th decile.

North Richmond is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

North Richmond's dwelling structure, assessed in the latest Census, comprised 80.4% houses and 19.6% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Sydney metro's 70.7% houses and 29.3% other dwellings. Home ownership in North Richmond stood at 33.0%, with mortgaged dwellings at 38.2% and rented ones at 28.8%. The median monthly mortgage repayment was $2,340, higher than Sydney metro's average of $2,167. Median weekly rent in North Richmond was $408, compared to Sydney metro's $400. Nationally, North Richmond's mortgage repayments were significantly higher than the Australian average of $1,863, and rents exceeded the national figure of $375.

North Richmond has a typical household mix, with a fairly typical median household size

Family households account for 73.9% of all households, including 31.3% couples with children, 28.0% couples without children, and 13.7% single parent families. Non-family households make up the remaining 26.1%, consisting of 23.8% lone person households and 2.3% group households. The median household size is 2.6 people, which aligns with the Greater Sydney average.

Educational attainment in North Richmond aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 18.8%, significantly lower than Greater Sydney's average of 38.0%. Bachelor degrees are the most common at 12.4%, followed by postgraduate qualifications (4.4%) and graduate diplomas (2.0%). Vocational credentials are prevalent, with 41.9% of residents aged 15+ holding them, including advanced diplomas (12.2%) and certificates (29.7%). Educational participation is high at 27.1%, with 9.7% in primary education, 7.2% in secondary education, and 3.4% pursuing tertiary education.

Richmond North Public School and Colo High School serve a total of 1,089 students. The area's ICSEA score is 997, indicating typical Australian school conditions with balanced educational opportunities. Educational provision consists of one primary and one secondary institution.

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

The analysis of public transportation in North Richmond shows that there are currently 46 active transport stops operating within the area. These stops primarily service buses, with a total of 49 individual routes providing weekly passenger trips amounting to 468. The accessibility of these services is rated as good, with residents typically located approximately 273 meters away from the nearest transport stop.

The average service frequency across all routes is 66 trips per day, which equates to roughly 10 weekly trips per individual stop.

Health performance in North Richmond is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

North Richmond faces significant health challenges.

Common health conditions are prevalent across both younger and older age cohorts. The rate of private health cover is approximately 54%, covering around 3,926 people. Mental health issues impact 9.5% of residents, while arthritis affects 9.3%. About 64.2% of residents declare themselves completely clear of medical ailments, compared to 65.9% across Greater Sydney. As of 2016, 21.8% of residents are aged 65 and over (1,586 people), higher than the 17.8% in Greater Sydney. Health outcomes among seniors present challenges broadly in line with the general population's health profile.

North Richmond ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

North Richmond's cultural diversity was found to be below average, with 85.4% of its population born in Australia, 90.9% being citizens, and 92.7% speaking English only at home. The dominant religion in North Richmond is Christianity, comprising 62.0% of the population. This figure is slightly higher than the Greater Sydney average of 60.7%.

In terms of ancestry, the top three represented groups are English (29.8%), Australian (29.0%), and Irish (7.8%). There are notable differences in the representation of certain ethnic groups: Maltese at 3.7% compared to the regional figure of 4.6%, Dutch at 1.8% versus 1.4%, and Macedonian at 0.3% against a regional average of 0.5%.

North Richmond's population is slightly older than the national pattern

The median age in North Richmond is 39 years, which is higher than Greater Sydney's average of 37 years, and close to the national average of 38 years. Compared to Greater Sydney, North Richmond has a notably higher proportion of residents aged 75-84 (9.2% locally), while those aged 35-44 are under-represented (12.8%). According to post-2021 Census data, the 75-84 age group has increased from 8.1% to 9.2%, while the 65-74 cohort has declined from 11.0% to 10.2%. Population forecasts for North Richmond indicate significant demographic changes by 2041. The 75-84 age group is expected to grow by 60%, reaching 1,070 people from the current 669. Residents aged 65 and older will represent 68% of the anticipated population growth. Conversely, the 0-4 age cohort is projected to decline by 12 people.