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
71 Cutter St, Richmond3PriceHouseAuction Sale2/10/2026BigginScottView
41 Goodwood St, Richmond2PriceHouseAuction Sale2/10/2026Belle Property RichmondView
2 Oconnell St, Richmond4PriceHouseAuction Sale2/10/2026BigginScottView
3/52 Clifton St, Richmond2PriceApartmentSold Before Auction28/09/2026Belle Property RichmondView
1/79 Richmond Tce, Richmond2PriceTownhousePrivate Sale21/09/2026BigginScott
29 Crown St, Richmond3PriceHouseSold Before Auction20/09/2026BigginScottView
403/32 Bosisto St, Richmond2PriceApartmentPrivate Sale17/09/2026BigginScott
9/109 Mary St, Richmond1PriceApartmentPrivate Sale16/09/2026BigginScott
29 Wall St, Richmond3PriceHousePrivate Sale16/09/2026BigginScottView
6 Strode Pl, Richmond3PriceTownhousePrivate Sale15/09/2026Jellis Craig
205/360 Burnley St, Richmond2PriceApartmentPrivate Sale11/09/2026BigginScott
27/73 River St, Richmond1PriceApartmentPrivate Sale9/09/2026BigginScottView
291 Burnley St, Richmond2PriceHousePrivate Sale1/09/2026BigginScottView
193 Mary St, Richmond4PriceHouseSold Before Auction27/09/2026Jellis Craig
71 Neptune St, Richmond3PriceHousePrivate Sale19/09/2026Morrison Kleeman
20/160 Coppin St, Richmond1PriceApartmentPrivate Sale17/09/2026Nelson AlexanderView
3 Rogers St, Richmond3PriceHousePrivate Sale17/09/2026BigginScottView

Sales data

Median sale price
$1.4mil
Quarterly price change
0.2%
Metro Melbourne Comparison
$943k
-0.7%
BedroomsRichmondMetro comparison
2$1,200,000$930,500
3$1,585,000$870,000
4$2,275,000$990,000
InsightRichmondMetro comparison
Clearance rate68.3%69.4%
Days on market2845

Rental data

Median weekly rent
$900
Rental yield
3.4%
Metro Melbourne Comparison
$590
3.2%
BedroomsRichmondMetro comparison
2$800$615
3$1,050$570
4$1,350$600
Median data for the current quarter
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