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

The population of North Richmond statistical area (Lv2) is estimated to be around 6,989 as of November 2025. This figure represents an increase of 631 people since the 2021 Census, which reported a population of 6,358. The change is inferred from AreaSearch's estimation of the resident population at 6,902 following examination of ABS data released in June 2024 and validation of an additional 321 new addresses since the Census date. This results in a population density ratio of 316 persons per square kilometer. North Richmond (SA2) has experienced a 9.9% growth since the 2021 census, exceeding both its SA3 area's 4.6% and SA4 region's growth rates, making it a notable growth leader in the region. Interstate migration contributed approximately 69.0% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022 and NSW State Government's SA2 level projections released in 2022 with a base year of 2021 for areas not covered by the former data. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on aggregated SA2-level projections, North Richmond (SA2) is expected to experience above median population growth nationally and increase by 1,498 persons to reach a total of 8,487 by the year 2041, reflecting an 18.7% increase over the 17-year period.

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

North Richmond averaged approximately 98 new dwelling approvals per year based on AreaSearch analysis of ABS building approval numbers. Between FY-21 and FY-25, around 494 homes were approved, with an additional 36 approved in FY-26 so far. This averages to about 1.3 people moving to the area for each dwelling built over these years, suggesting balanced supply and demand conditions.

The average expected construction cost value of new homes is approximately $523,000, indicating a focus on premium developments. Commercial development approvals totalled $10.3 million in FY-26, reflecting balanced commercial activity. Comparatively, North Richmond shows 244.0% higher new home approvals per capita than Greater Sydney, offering buyers greater choice. However, building activity has slowed in recent years. This high level of developer confidence is above the national average.

The area's new development consists predominantly of detached houses (79.0%) and townhouses or apartments (21.0%), maintaining its low-density nature and attracting space-seeking buyers. With around 102 people per dwelling approval, North Richmond exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, the area is projected to grow by approximately 1,310 residents by 2041. Given current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers and potentially enabling growth that exceeds current forecasts.

North Richmond has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 14 projects that could impact the area. Notable projects include Redbank Estate - Stage 8 & Future Stages, The Sanctuary North Richmond, New Richmond Bridge and Traffic Improvements, and North Richmond Woolworths & Retail Expansion. 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.

The labour market in North Richmond shows considerable strength compared to most other Australian regions

North Richmond has a skilled workforce with essential services sectors well represented. The unemployment rate was 2.3% as of AreaSearch's aggregation of statistical area data.

As of September 2025, 3,426 residents were employed while the unemployment rate was 1.9% lower than Greater Sydney's rate of 4.2%. Workforce participation in North Richmond was broadly similar to Greater Sydney's 60.0%. The dominant employment sectors among residents included construction, health care & social assistance, and education & training. Construction had a particularly high representation with an employment share 1.6 times the regional level.

Conversely, professional & technical services showed lower representation at 5.4% compared to the regional average of 11.5%. The area appeared to offer limited local employment opportunities as indicated by the count of Census working population versus resident population. Between September 2024 and September 2025, labour force in North Richmond decreased by 3.9%, while employment declined by 3.4%, causing unemployment to fall by 0.5 percentage points. In contrast, Greater Sydney experienced employment growth of 2.1% and labour force growth of 2.4%, with a 0.2 percentage point rise in unemployment. As of 25-November-25, NSW employment had contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. This compared favourably to the national unemployment rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggested that national employment would expand by 6.6% over five years and 13.7% over ten years, with significant variations between industry sectors. Applying these projections to North Richmond's employment mix indicated that local employment should increase by 6.2% over five years and 13.0% over ten years.

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

North Richmond's median taxpayer income is $55,313, with an average of $68,301, based on the latest postcode level ATO data aggregated by AreaSearch for the financial year 2023. This is roughly in line with national averages, compared to Greater Sydney's median income of $60,817 and average income of $83,003. By September 2025, estimated incomes would be approximately $60,214 (median) and $74,352 (average), adjusted for Wage Price Index growth of 8.86% since the financial year 2023. According to the 2021 Census, North Richmond's household, family, and personal incomes are around the 50th percentile nationally. The largest income segment comprises 32.2% earning $1,500 - $2,999 weekly (2,250 residents), similar to the regional cohort at 30.9%. Housing affordability is severe, with only 81.2% of income remaining after housing costs, ranking at the 46th percentile nationally. 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, as per the latest Census, consisted of 80.4% houses and 19.6% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Sydney metro's 79.7% houses and 20.3% other dwellings. Home ownership in North Richmond was at 33.0%, with mortgaged dwellings at 38.2% and rented ones at 28.8%. The median monthly mortgage repayment in the area 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 exceeded the Australian average of $1,863, while rents surpassed the national figure of $375.

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

Family households constitute 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 account for the remaining 26.1%, with lone person households at 23.8% and group households comprising 2.3%. 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%, comprising primary education (9.7%), secondary education (7.2%), and tertiary education (3.4%).

Educational participation is notably high, with 27.1% of residents currently enrolled in formal education. This includes 9.7% in primary education, 7.2% in secondary education, and 3.4% pursuing tertiary education.

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

Transport analysis indicates 65 active stops operating in North Richmond, offering mixed bus services. These stops are covered by 49 unique routes, facilitating a total of 465 weekly passenger trips. Transport accessibility is deemed good, with residents situated an average of 268 meters from the nearest stop.

Service frequency averages 66 trips per day across all routes, translating to roughly 7 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, with common health conditions prevalent across both younger and older age cohorts.

Approximately 54% of its total population (~3,769 people) has private health cover. The most common medical conditions are mental health issues (affecting 9.5% of residents) and arthritis (impacting 9.3%). However, 64.2% of residents declare themselves completely clear of medical ailments, compared to 65.9% across Greater Sydney. As of the latest data from 2018-19, 21.7% of North Richmond's residents are aged 65 and over (1,516 people), which is higher than the 17.8% in Greater Sydney. Health outcomes among seniors present some 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 below average, with 85.4% of its population born in Australia, 90.9% being citizens, and 92.7% speaking English only at home. Christianity was the main religion, comprising 62.0% of North Richmond's population, compared to 60.7% across Greater Sydney. The top three ancestry groups were English (29.8%), Australian (29.0%), and Irish (7.8%).

Notably, Maltese representation was higher at 3.7% in North Richmond compared to the regional average of 4.6%. Similarly, Dutch representation was 1.8%, above the regional average of 1.4%, and Macedonian representation was 0.3%, slightly below the regional average of 0.5%.

North Richmond's population aligns closely with national norms in age terms

The median age in North Richmond is 39 years, which is slightly higher than Greater Sydney's average of 37 years and close to the national average of 38 years. Comparing with Greater Sydney, the 75-84 age group is notably over-represented in North Richmond at 9.2%, while the 35-44 age group is under-represented at 12.8%. According to data from the 2021 Census, the 75 to 84 age group has increased from 8.1% to 9.2% of North Richmond's population. Conversely, the 65 to 74 age group has decreased from 11.0% to 10.1%. Population forecasts for the year 2041 indicate significant demographic changes in North Richmond. The 75 to 84 age group is expected to grow by 64%, adding 410 people and reaching a total of 1,053 from 642. Demographic aging will continue as residents aged 65 and older represent 58% of the anticipated population growth. The 0 to 4 age group shows more modest growth at 3%, with an increase of just 13 residents.