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 |
|---|---|---|---|---|---|---|---|
| 206/14 David St, Richmond | 2 |  | Apartment | Passed in at Auction | 19/12/2025 | Ray White Northcote | View |
| 209/45 York St, Richmond | 1 |  | Apartment | Private Sale | 9/12/2025 | BigginScott | |
| 302/6 Kent St, Richmond | 2 |  | Apartment | Private Sale | 8/12/2025 | BigginScott | View |
| 404/382-386 Burnley St, Richmond | 1 |  | Apartment | Private Sale | 4/12/2025 | BigginScott | View |
| 10 Bendigo St, Richmond | 4 |  | House | Private Sale | 28/11/2025 | BigginScott | View |
| 223/140 Swan St, Richmond | 1 |  | Apartment | Private Sale | 27/11/2025 | BigginScott | View |
| 610/253 Bridge Rd, Richmond | 1 |  | Apartment | Private Sale | 25/11/2025 | BigginScott | View |
| 9/339 Burnley St, Richmond | 1 |  | Apartment | Private Sale | 24/11/2025 | BigginScott | View |
| 309/8 Garfield St, Richmond | 1 | | Apartment | Auction Sale | 19/12/2025 | Ray White Southbank and Port Phillip | View |
| 5/72 Baker St, Richmond | 1 | | Unit | Auction Sale | 17/12/2025 | Noel Jones | View |
| 16/12 Glasshouse St, Richmond | 3 | | Townhouse | Private Sale | 6/12/2025 | Jellis Craig | View |
| 202/77 Abinger St, Richmond | 2 | | Apartment | Private Sale | 30/11/2025 | Belle Property Carlton & Melbourne | View |
| 1/123 Coppin St, Richmond | 3 | | House | Private Sale | 24/11/2025 | BigginScott | |
| 12/16 Goodwood St, Richmond | 2 | | Townhouse | Private Sale | 19/11/2025 | Jellis Craig | |
| 6/1 Victoria Pl, Richmond | 3 | | Apartment | Private Sale | 16/11/2025 | 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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