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
205/1 Dyer St, Richmond2PriceApartmentPrivate Sale23/03/2026MREView
10/275 Burnley St, Richmond2PriceApartmentPrivate Sale19/03/2026BigginScott
409/20 Burnley St, Richmond1PriceApartmentPrivate Sale18/03/2026BigginScott
26 Dickmann St, Richmond2PriceTownhousePrivate Sale18/03/2026Belle Property South YarraView
16/217-221 Barkly Av, Richmond2PriceApartmentPrivate Sale16/03/2026BigginScottView
79 Lord St, Richmond4PriceHousePrivate Sale15/03/2026Jellis CraigView
2/109 Mary St, Richmond1PriceApartmentPrivate Sale18/02/2026Belle Property RichmondView

Sales data

Median sale price
$1.5mil
Quarterly price change
9%
Metro Melbourne Comparison
$992k
1.9%
BedroomsRichmondMetro comparison
2$1,210,000$950,000
3$1,620,000$863,000
4$2,387,500$980,500
InsightRichmondMetro comparison
Clearance rate84.6%74.9%
Days on market2837

Rental data

Median weekly rent
$875
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.1%
BedroomsRichmondMetro comparison
2$775$595
3$1,000$550
4$1,350$595
Median data for the current quarter
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