Market snapshot
Suburb insights for Richmond3121
Change suburbRichmond 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 5 Bennett St, Richmond | 3 |  | House | Auction Sale | 28/11/2025 | Halfapercent RE | View |
| 108 Coppin St, Richmond | 3 |  | House | Auction Sale | 28/11/2025 | Jellis Craig | View |
| 45 Murphy St, Richmond | 3 |  | House | Auction Sale | 28/11/2025 | Jellis Craig | View |
| 7/14 Dickens St, Richmond | 2 |  | Apartment | Sold Before Auction | 25/11/2025 | BigginScott | View |
| 107 Mary St, Richmond | 3 | | House | Passed in at Auction | 25/11/2025 | Ray White Craigieburn | View |
| 5/28 Davison St, Richmond | 1 |  | Apartment | Sold Before Auction | 21/11/2025 | Areal Property Hawthorn | |
| 8 Buckingham St, Richmond | 2 |  | Townhouse | Sold Before Auction | 19/11/2025 | RT Edgar | View |
| 23/2-6 New St, Richmond | 2 |  | Townhouse | Sold Before Auction | 17/11/2025 | BigginScott | View |
| 49 Bennett St, Richmond | 2 |  | House | Sold Before Auction | 14/11/2025 | BigginScott | View |
| 68 Bunting St, Richmond | 2 |  | House | Sold Before Auction | 13/11/2025 | BigginScott | View |
| 212/30 Burnley St, Richmond | 1 |  | Unit | Private Sale | 13/11/2025 | BigginScott | View |
| 8/20 Park Av, Richmond | 1 |  | Apartment | Private Sale | 11/11/2025 | BigginScott | |
| 1/75 Baker St, Richmond | 2 | | Townhouse | Auction Sale | 28/11/2025 | Belle Property Richmond | |
| 1/8 Elm Gr, Richmond | 3 | | Townhouse | Passed in Vendor Bid | 28/11/2025 | Jellis Craig | View |
| 9 Gipps St, Richmond | 3 | | Townhouse | Passed in Vendor Bid | 28/11/2025 | BigginScott | View |
| 1/77 River St, Richmond | 3 | | Apartment | Sold Before Auction | 19/11/2025 | Ray White Mount Waverley | View |
| 5/285 Church St, Richmond | 2 | | Townhouse | Private Sale | 16/11/2025 | BigginScott | View |
| 1 Elm Gr, Richmond | 3 | | House | Private Sale | 10/11/2025 | Jellis Craig | View |
Sales data
Median sale price
$1.4mil
Quarterly price change
-10.8%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Richmond | Metro comparison |
|---|---|---|
| 2 | $1,190,000 | $910,000 |
| 3 | $1,615,000 | $830,000 |
| 4 | $2,300,000 | $951,500 |
| Insight | Richmond | Metro comparison |
|---|---|---|
| Clearance rate | 81.6% | 81.4% |
| Days on market | 34 | 36 |
Rental data
Median weekly rent
$850
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Richmond | Metro comparison |
|---|---|---|
| 2 | $750 | $580 |
| 3 | $985 | $550 |
| 4 | $1,300 | $600 |
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