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
20 Freeman St, Richmond3PriceHousePassed in at Auction7/08/2026Jellis Craig
14 James St, Richmond3PriceHouseAuction Sale7/08/2026Jellis Craig
2/4 Stillman St, Richmond3PriceTownhousePassed in at Auction7/08/2026Jellis Craig
109/20 Burnley St, Richmond1PriceApartmentPrivate Sale2/08/2026Dingle PartnersView
7/21 Somerset St, Richmond1PriceApartmentPrivate Sale23/07/2026BigginScottView
12/389 Punt Rd, Richmond2PriceApartmentPrivate Sale16/07/2026BigginScottView
4/197 Lennox St, Richmond2PriceApartmentPrivate Sale12/07/2026BigginScottView
G02/10 Bromham Pl, Richmond1PriceApartmentPrivate Sale10/07/2026Areal Property Hawthorn
305/163 Cremorne St, Richmond1PriceApartmentPrivate Sale7/07/2026BigginScott
36A Cameron St, Richmond2PriceTownhousePassed in at Auction7/08/2026BigginScottView
10 Waltham St, Richmond3PriceHousePassed in Vendor Bid7/08/2026Jellis Craig
12 Lyndhurst St, Richmond2PriceHousePrivate Sale29/07/2026Belle Property RichmondView
103/3 Kennedy Av, Richmond2PriceUnitSold Before Auction23/07/2026Areal Property HawthornView
8/61-65 Kent St, Richmond3PriceApartmentPrivate Sale23/07/2026BigginScottView
58 Edinburgh St, Richmond3PriceHousePrivate Sale19/07/2026Jellis CraigView
150 Burnley St, Richmond3PriceHousePrivate Sale13/07/2026RT Edgar RichmondView
403/6 Lord St, Richmond1PriceApartmentPrivate Sale12/07/2026RT Edgar RichmondView
11/17 Kent St, Richmond2PriceTownhousePrivate Sale5/07/2026RT Edgar RichmondView

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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