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
48 Parkville St, Richmond2PriceHouseAuction Sale28/08/2026Jellis Craig
108/633 Church St, Richmond3PriceApartmentPassed in at Auction28/08/2026BigginScottView
1/135 Coppin St, Richmond2PriceApartmentPassed in at Auction28/08/2026Jellis Craig
3 Rogers St, Richmond3PriceHousePassed in Vendor Bid28/08/2026BigginScottView
60 Laity St, Richmond2PriceHouseSold Before Auction26/08/2026Jellis Craig
315/14 David St, Richmond2PriceApartmentPrivate Sale9/08/2026Jellis Craig
202/360 Burnley St, Richmond1PriceApartmentPrivate Sale4/08/2026BigginScottView

Sales data

Median sale price
$1.4mil
Quarterly price change
-6.9%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsRichmondMetro comparison
2$1,197,000$950,000
3$1,620,000$872,000
4$2,337,500$990,000
InsightRichmondMetro comparison
Clearance rate74.6%68.8%
Days on market2842

Rental data

Median weekly rent
$895
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.1%
BedroomsRichmondMetro comparison
2$780$600
3$1,030$560
4$1,350$600
Median data for the current quarter
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