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
2/14 Dickens St, Richmond2PriceApartmentAuction Sale13/03/2026Jellis Craig
91/4 Tullo Pl, Richmond2PriceApartmentAuction Sale13/03/2026BigginScottView
8 Tudor St, Richmond2PriceHouseSold Before Auction10/03/2026BigginScottView
10/26 Rotherwood St, Richmond1PriceApartmentPrivate Sale20/02/2026BigginScottView
208/115 Church St, Richmond1PriceApartmentPrivate Sale12/02/2026BigginScott
26/200 Brighton St, Richmond2PriceApartmentAuction Sale13/03/2026Marshall WhiteView
4/342-344 Burnley St, Richmond2PriceApartmentAuction Sale13/03/2026Jellis CraigView
11 Crown St, Richmond3PriceHouseAuction Sale13/03/2026Jellis CraigView
39 Kent St, Richmond2PriceHouseAuction Sale13/03/2026Nelson AlexanderView
54 Lincoln St, Richmond2PriceHousePassed in Vendor Bid13/03/2026Marshall White - Boroondara
11 Rowena Pde, Richmond3PriceHouseAuction Sale13/03/2026Jellis CraigView
9/31 York St, Richmond2PriceTownhouseAuction Sale13/03/2026Belle Property RichmondView
24 Cameron St, Richmond2PriceTownhouseSold Before Auction12/03/2026BigginScottView
25 North St, Richmond2PriceHouseSold Before Auction4/03/2026Jellis CraigView
606/30 Burnley St, Richmond1PriceApartmentPrivate Sale3/03/2026Dingle PartnersView
23 Cutter St, Richmond2PriceHouseSold Before Auction2/03/2026Jellis CraigView

Sales data

Median sale price
$1.3mil
Quarterly price change
-4%
Metro Melbourne Comparison
$974k
1.8%
BedroomsRichmondMetro comparison
2$1,217,500$940,000
3$1,600,000$851,000
4$2,400,000$970,000
InsightRichmondMetro comparison
Clearance rate88%77.8%
Days on market28.536

Rental data

Median weekly rent
$850
Rental yield
3.1%
Metro Melbourne Comparison
$580
3.2%
BedroomsRichmondMetro comparison
2$750$585
3$995$550
4$1,300$600
Median data for the current quarter
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