Suburb

Market snapshot

Suburb insights for Richmond3121

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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.

Recent sales and auction results in Richmond

AddressBedroomsPriceTypeMethodSale DateAgentListing
54 Clifton St, Richmond3PriceHousePassed in Vendor Bid15/05/2026Jellis Craig
32 Durham St, Richmond2PriceHouseAuction Sale15/05/2026Harcourts Rata & CoView
42 Johnson St, Richmond2PriceHousePassed in at Auction15/05/2026BigginScottView
22 Mary St, Richmond3PriceHousePrivate Sale4/05/2026BigginScottView
109/8 Howard St, Richmond1PriceApartmentPrivate Sale23/04/2026BigginScottView
10/16 Derby St, Richmond1PriceApartmentPrivate Sale21/04/2026Buxton StonningtonView
28 Bell St, Richmond3PriceHousePassed in Vendor Bid15/05/2026RT Edgar View
4/197 Lennox St, Richmond2PriceApartmentPassed in at Auction15/05/2026BigginScottView
3/4 Little Buckingham St, Richmond3PriceTownhousePassed in at Auction15/05/2026Ray White CREView
40 Somerset St, Richmond3PriceHouseSold Before Auction14/05/2026Marshall White & CoView
3/86 Burnley St, Richmond2PriceApartmentSold Before Auction13/05/2026BigginScottView
10 Sutton Gr, Richmond3PriceHousePrivate Sale5/05/2026Marshall White
17/52 Baker St, Richmond1PriceApartmentPrivate Sale1/05/2026Nelson AlexanderView
92 York St, Richmond3PriceHousePrivate Sale27/04/2026Jellis CraigView
3 Loughnan St, Richmond3PriceHousePrivate Sale26/04/2026Jellis CraigView
8/52 Baker St, Richmond2PriceApartmentPrivate Sale24/04/2026BigginScottView
49 Egan St, Richmond2PriceHousePrivate Sale23/04/2026BigginScottView

Sales data

Median sale price
$1.5mil
Quarterly price change
9%
Metro Melbourne Comparison
$992k
1.9%
BedroomsRichmondMetro comparison
2$1,210,000$950,000
3$1,620,000$863,000
4$2,387,500$980,500
InsightRichmondMetro comparison
Clearance rate84.6%74.9%
Days on market2837

Rental data

Median weekly rent
$875
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.1%
BedroomsRichmondMetro comparison
2$775$595
3$1,000$550
4$1,350$595
Median data for the current quarter
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