Profile for Richmond

3121

Richmond is located 3 km east of the CBD. The suburb is home to Melbourne Cricket Ground hosting Aussie cricket the Australian Football League and past Commonwealth games. The suburb is well served by Richmond Railway Station and various trams for transport. For shopping Bridges Road and Swan Street have major label factory outlets seconds stores and small boutiques. The suburb is home to a variety of food choices from cosy cafes fine dining traditional Vietnamese treats or pizza in a pub.

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Recent Sales & Auction Results in Richmond

Address Price Type Method Sale Date Agent
Property List
13A Laity St, Richmond 4 House (Res) Auction Sale 04/05/2024 BigginScott
12 Lord St, Richmond 2 Townhouse (Res) Passed in Vendor Bid 04/05/2024 Nelson Alexander
405/1 Margaret St, Richmond 1 Unit Auction Sale 04/05/2024 BigginScott
47 Type St, Richmond 2 House (Res) Private Sale 18/04/2024 BigginScott
154 Kent St, Richmond 3 House (Res) Passed in Vendor Bid 04/05/2024 BigginScott
33 Somerset St, Richmond 3 House (Res) Auction Sale 04/05/2024 Jellis Craig
27 Strafford St, Richmond 3 Townhouse (Res) Auction Sale 04/05/2024 BigginScott
11/2 New St, Richmond - Townhouse (Res) Expression of Interest 15/04/2024 RT Edgar Boroondara

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.58m

Metro Melbourne

$929k

Quarterly Price Change

14.5%

Metro Melbourne

2%

Median Rent

$750

Metro Melbourne

$550

Rental Yield

2.7%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 79.8% 75.3%
Days on Market 39.5 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,185,000 $920,000
3 Bedrooms $1,600,000 $810,000
4 Bedrooms $2,140,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $675 $550
3 Bedrooms $900 $520
4 Bedrooms $1,250 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$575k

Metro Melbourne

$635k

Quarterly Price Change

-11.5%

Metro Melbourne

0.3%

Median Rent

$550

Metro Melbourne

$520

Rental Yield

4.8%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 79.8% 75.3%
Days on Market 39.5 40
Median price by Bedrooms Suburb Metro
1 Bedroom $386,250 $370,000
2 Bedrooms $710,000 $600,000
3 Bedrooms $1,305,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $475 $450
2 Bedrooms $650 $540
3 Bedrooms $950 $620

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