Profile for Richmond

3121

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. The art end of Richmond are along Albert street, home to a number of art galleries. The neighbourhood has a range of open spaces including Barkly Gardens, Church Street Park, Citizens Park, Dame Nellie Melba Memorial Park and O'Connell Reserve.

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Recent Sales & Auction Results in Richmond

Address Price Type Method Sale Date Agent
Property List
331 Punt Rd, Richmond 5 House (Res) Passed in at Auction 19/06/2021 Marshall White
92 Richmond Tce, Richmond 3 House (Res) Passed in at Auction 19/06/2021 Abercromby's RE
4 Strode St, Richmond 3 House (Res) Passed in at Auction 19/06/2021 Biggin & Scott
3/65 Westbank Tce, Richmond 1 Unit Auction Sale 19/06/2021 Jellis Craig
37/8 Hull St, Richmond 2 Apartment Sold Before Auction 16/06/2021 Biggin & Scott
27 Bendigo St, Richmond 3 Townhouse (Res) Sold Before Auction 01/06/2021 Biggin & Scott
55 Docker St, Richmond 2 House (Res) Auction Sale 19/06/2021 Biggin & Scott
51 Little Hoddle St, Richmond 2 Unit Sold Before Auction 08/06/2021 Jellis Craig
16 Wertheim St, Richmond 3 Townhouse (Res) Sold Before Auction 04/06/2021 Jellis Craig

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$1.41mil

Metro Melbourne

$1mil

Quarterly Price Change

-3.6%

Metro Melbourne

8.8%

Median Rent

$650

Metro Melbourne

$480

Rental Yield

2.4%

Metro Melbourne

2.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 81.8% 83.8%
Days on Market 33 36
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,215,000 $930,000
3 Bedrooms $1,530,500 $810,000
4 Bedrooms $2,200,000 $990,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $600 $500
3 Bedrooms $795 $450
4 Bedrooms $863 $500

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$675k

Metro Melbourne

$673k

Quarterly Price Change

7.5%

Metro Melbourne

4.8%

Median Rent

$440

Metro Melbourne

$400

Rental Yield

3.7%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 81.8% 83.8%
Days on Market 33 36
Median price by Bedrooms Suburb Metro
1 Bedroom $410,000 $390,000
2 Bedrooms $674,000 $600,000
3 Bedrooms $1,260,000 $810,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $370 $340
2 Bedrooms $525 $420
3 Bedrooms $800 $525

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