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
1 Murray St, Richmond2PriceHouseAuction Sale11/09/2026CHN Box HillView
12 Union St, Richmond4PriceHouseAuction Sale11/09/2026BigginScottView
3 Wangaratta St, Richmond3PriceHouseAuction Sale11/09/2026BigginScottView
18 Campbell St, Richmond2PriceHouseSold Before Auction8/09/2026Jellis Craig
1 Bellevue St, Richmond3PriceHouseSold Before Auction2/09/2026BigginScottView
1/71 Highett St, Richmond1PriceApartmentPrivate Sale26/08/2026BigginScott
8/54-60 Bendigo St, Richmond1PriceApartmentPrivate Sale24/08/2026BigginScott
811/11 David St, Richmond3PriceApartmentPrivate Sale24/08/2026BigginScottView
201 Coppin St, Richmond3PriceHouseAuction Sale11/09/2026Jellis CraigView
5 Eucalyptus St, Richmond3PriceHousePassed in Vendor Bid11/09/2026BigginScottView
1/17-19 Lambert St, Richmond2PriceApartmentAuction Sale11/09/2026OBrien Real Estate BlackburnView
33 Type St, Richmond2PriceHousePassed in Vendor Bid11/09/2026Jellis Craig
14 Mccrae Mews, Richmond3PriceHouseSold Before Auction8/09/2026Jellis Craig
8/68 Rowena Pde, Richmond2PriceApartmentSold Before Auction8/09/2026Belle Property RichmondView
12/33 Goodwood St, Richmond2PriceApartmentSold Before Auction3/09/2026Jellis Craig
403/1 Studio Wlk, Richmond1PriceApartmentPrivate Sale21/08/2026Jellis Craig
2/4 Stillman St, Richmond3PriceTownhousePrivate Sale17/08/2026Jellis Craig

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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