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. The art end of Richmond are along Albert street, home to a number of art galleries. The neighbourhood has a range of open spaces including Barkly Gardens, Church Street Park, Citizens Park, Dame Nellie Melba Memorial Park and O'Connell Reserve.

Recent Sales & Auction Results in Richmond

Address Price Type Method Sale Date Agent
Property List
46 Somerset St, Richmond 2 House (Res) Auction Sale 16/11/2019 Jellis Craig
12/71A Tanner St, Richmond 1 Apartment Passed in Vendor Bid 16/11/2019 Biggin & Scott
98 Stawell St, Richmond 5 House (Res) Sold Before Auction 13/11/2019 Biggin & Scott
5/12 Dickens St, Richmond 1 Apartment Private Sale 29/10/2019 Barry Plant
44A Stanley St, Richmond 4 House (Res) Passed in at Auction 16/11/2019 Kay & Burton
7 Waltham St, Richmond 3 House (Res) Passed in Vendor Bid 16/11/2019 Jellis Craig

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$1.21mil

Metro Melbourne

$830k

Quarterly Price Change

-5.3%

Metro Melbourne

4.5%

Median Rent

$675

Metro Melbourne

$451

Rental Yield

2.8%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 75.7% 78.3%
Days on Market 35 33
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,067,500 $840,000
3 Bedrooms $1,371,500 $720,000
4 Bedrooms $1,600,000 $852,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $625 $500
3 Bedrooms $795 $430
4 Bedrooms $963 $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$591k

Metro Melbourne

$614k

Quarterly Price Change

-4.3%

Metro Melbourne

3.9%

Median Rent

$465

Metro Melbourne

$430

Rental Yield

4%

Metro Melbourne

3.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 75.7% 78.3%
Days on Market 35 33
Median price by Bedrooms Suburb Metro
1 Bedroom $396,000 $364,000
2 Bedrooms $655,000 $561,000
3 Bedrooms $1,055,000 $748,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $400 $370
2 Bedrooms $560 $445
3 Bedrooms $850 $530

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