Richmond (SA)

Population growth drivers in Richmond are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

Richmond's population, as of November 2025, is estimated at around 3,901 people. This figure reflects an increase of 427 individuals since the 2021 Census, which reported a population of 3,474 people in the suburb of Richmond (SA). The change was inferred from the resident population of 3,870 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 142 validated new addresses since the Census date. This level of population equates to a density ratio of 2,766 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Richmond's growth of 12.3% since the 2021 census exceeded both the state average of 7.1% and the SA3 area, marking it as a growth leader in the region. The primary driver for this population growth was overseas migration, contributing approximately 89.0% of overall population gains during recent periods.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data and years post-2032, the SA State Government's Regional/LGA projections by age category were adopted, based on 2021 data released in 2023, with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Future population trends project an above median growth for statistical areas across the nation, with the area expected to grow by 641 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 11.8% in total over the 17 years.

Recent residential development output has been above average within Richmond when compared nationally

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Richmond has averaged around 44 new dwelling approvals per year over the past five financial years, totalling an estimated 223 homes. So far in FY-26, 15 approvals have been recorded. This averages out to approximately 0.9 new residents per year per dwelling constructed between FY-21 and FY-25. In Richmond, new supply is keeping pace with or exceeding demand, offering ample buyer choice and creating capacity for population growth beyond current forecasts.

The average construction value of new homes in the area is $412,000. This financial year has seen $71.4 million in commercial approvals registered, indicating high levels of local commercial activity. Relative to Greater Adelaide, Richmond records 91.0% more construction activity per person, which should provide buyers with ample choice. This level is well above the national average, reflecting strong developer confidence in the area. Recent construction comprises 55.0% detached dwellings and 45.0% townhouses or apartments, offering options across different price points from family homes to more affordable compact living.

With approximately 96 people per approval, Richmond reflects a developing area. Population forecasts indicate Richmond will gain 460 residents through to 2041 (from the latest AreaSearch quarterly estimate). At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

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

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified one major project expected to impact this region: North South Corridor. Other notable projects include Thebarton Technology Hub, Tram Grade Separation Projects, and New Women's and Children's Hospital.

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

Richmond has a highly educated workforce with significant representation in essential services sectors. Its unemployment rate is 3.8%, lower than the national average.

Over the past year, ending June 2025, employment grew by an estimated 3.7%. Richmond's unemployment rate of 3.6% is 0.2% below Greater Adelaide's rate of 4.0%, and its workforce participation rate is 68.5%, compared to Greater Adelaide's 61.7%. Key industries for residents include health care & social assistance, retail trade, and accommodation & food services, with a particularly strong specialization in the latter, employing 1.4 times more workers than the regional average. Conversely, construction employs only 6.8% of local workers, below Greater Adelaide's 8.7%.

The worker-to-resident ratio is 0.8, indicating ample local employment opportunities. Between June 2024 and June 2025, employment increased by 3.7%, while the labour force grew by 3.5%, leading to a fall in unemployment rate of 0.2 percentage points. In contrast, Greater Adelaide saw employment rise by 2.1% and unemployment increase marginally over the same period. Job forecasts from Jobs and Skills Australia (Sep-22) project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Richmond's employment mix suggests local employment should grow by 6.8% over five years and 14.1% over ten years, though these are simple weighted extrapolations for illustrative purposes only and do not account for localized population projections.

Income levels sit below national averages according to AreaSearch assessment

Richmond's median income among taxpayers was $52,301 in financial year 2022. The average income stood at $62,389 during the same period. In Greater Adelaide, these figures were $52,592 and $64,886 respectively. By September 2025, current estimates project Richmond's median income to be approximately $59,011 and average income at around $70,394, based on a Wage Price Index growth of 12.83% since financial year 2022. According to the 2021 Census, personal income ranked at the 43rd percentile ($771 weekly) in Richmond. Household income sat at the 27th percentile during this period. Income analysis revealed that the largest segment comprised 31.7% of residents earning $1,500 - $2,999 weekly (1,236 residents). This trend was consistent with broader metropolitan region trends showing 31.8% in the same income category. Housing affordability pressures were severe, with only 81.6% of income remaining after housing costs, ranking at the 24th percentile. The area's SEIFA income ranking placed it in the 4th decile.

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

Richmond's dwelling structures, as per the latest Census data, consisted of 63.0% houses and 37.0% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Adelaide metro had 63.9% houses and 36.2% other dwellings. Home ownership in Richmond was at 24.7%, with the remaining dwellings being mortgaged (30.7%) or rented (44.6%). The median monthly mortgage repayment in Richmond was $1,700, lower than Adelaide metro's $1,745 and the national average of $1,863. The median weekly rent in Richmond was $300, substantially below the national figure of $375 and slightly less than Adelaide metro's $310.

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

Family households account for 58.0% of all households, including 23.0% couples with children, 20.8% couples without children, and 11.9% single parent families. Non-family households constitute the remaining 42.0%, with lone person households at 35.2% and group households comprising 6.9%. The median household size is 2.2 people, which is smaller than the Greater Adelaide average of 2.3.

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

The area's educational profile is notable regionally with university qualification rates of 34.2% among residents aged 15+, surpassing the South Australian average of 25.7% and that of Greater Adelaide at 28.9%. Bachelor degrees are most prevalent at 23.5%, followed by postgraduate qualifications (8.0%) and graduate diplomas (2.7%). Trade and technical skills are prominent, with 29.0% of residents aged 15+ holding vocational credentials – advanced diplomas (10.1%) and certificates (18.9%).

Educational participation is high at 29.3%, including 9.6% in tertiary education, 7.7% in primary education, and 5.4% pursuing secondary education. Educational institutions include Tenison Woods Catholic Primary School and SEDA College SA - West Adelaide Football Club, serving a total of 243 students. The area has above-average socio-educational conditions with an ICSEA score of 1083. Educational provision is conventional, comprising one primary and one secondary institution. Local school capacity is limited at 6.2 places per 100 residents compared to the regional average of 13.8, resulting in many families traveling for schooling.

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

Richmond has eight active public transport stops, all of which operate buses. These stops are served by twelve different routes that together facilitate 1037 weekly passenger trips. The accessibility of these services is rated as good, with residents on average being located 320 meters from the nearest stop.

On average, there are 148 trips per day across all routes, equating to approximately 129 weekly trips per individual stop.

The level of general health in Richmond is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Richmond shows better-than-average health results, with both younger and older age groups experiencing fewer common health issues.

Around 52% (~2015 people) have private health cover, slightly lower than the average SA2 area. Mental health problems affect 8.4% of residents, while asthma impacts 7.2%. About 71.5% report no medical ailments, compared to 70.9% in Greater Adelaide. The elderly population (65+ years) is 14.7% (~573 people), lower than the Greater Adelaide average of 17.6%. Seniors' health outcomes are above average, mirroring the general population's profile.

Richmond is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Richmond has a high level of cultural diversity, with 35.1% of its population born overseas and 37.8% speaking a language other than English at home. Christianity is the main religion in Richmond, practiced by 44.5% of the population. The most notable overrepresentation is seen in the 'Other' category, which makes up 3.5% of Richmond's population compared to 3.1% across Greater Adelaide.

In terms of ancestry, the top three represented groups are English (19.7%), Australian (18.8%), and Other (13.5%). Some ethnic groups show notable divergences: Greek is overrepresented at 8.0% in Richmond versus 6.1% regionally, Italian at 6.1% versus 6.7%, and Serbian at 0.5% versus 0.5%.

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 the Australian median of 38. Compared to Greater Adelaide, Richmond has a higher proportion of residents aged 25-34 (21.9%) but fewer residents aged 5-14 (8.3%). This concentration of 25-34 year-olds is significantly above the national average of 14.5%. Between the 2021 Census and now, the proportion of Richmond's population aged 25 to 34 has increased from 20.5% to 21.9%, while the proportion of those aged 45 to 54 has decreased from 11.6% to 10.2%. By the year 2041, Richmond's age composition is expected to change significantly. The number of residents aged 75 to 84 is projected to grow by 50%, increasing from 171 to 258 people. Meanwhile, the 0 to 4 age group is expected to grow at a more modest rate of 6%, adding only 11 residents.