Profile for Richmond

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Richmond is located 3 km east of the CBD. Located within the Yarra River Richmond is a multiculturally diverse suburb in Melbourne's inner east. The suburb is well represented by the Vietnamese and Indonesian (East Timorese) communities. The suburb is largely mixed-use in nature with commercial areas along Bridge Road and Victoria Street. Richmond is also an important transport node providing links to all railway lines serving the east and south-east of Melbourne.

Recent Sales & Auction Results in Richmond

Address Price Type Method Sale Date Agent
Property List
12 Burgess St, Richmond 4 House (Res) Auction Sale 13/04/2019 hockingstuart
8 Cameron St, Richmond 4 House (Res) Auction Sale 13/04/2019 hockingstuart
56 Lambert St, Richmond 3 Townhouse (Res) Auction Sale 13/04/2019 Barry Plant
128 Lennox St, Richmond 3 House (Res) Auction Sale 13/04/2019 Biggin & Scott
35 Mary St, Richmond 2 House (Res) Passed in at Auction 13/04/2019 Biggin & Scott
15 Murray St, Richmond 3 Townhouse (Res) Passed in Vendor Bid 13/04/2019 Jellis Craig
85 Neptune St, Richmond 3 House (Res) Auction Sale 13/04/2019 Biggin & Scott
2/104 Rowena Pde, Richmond 2 Apartment Auction Sale 13/04/2019 Jellis Craig
501/633 Church St, Richmond 3 Apartment Auction Sale 13/04/2019 Marshall White One
31/343 Church St, Richmond 3 Apartment Passed in at Auction 13/04/2019 Biggin & Scott
38A Fraser St, Richmond 3 Townhouse (Res) Auction Sale 13/04/2019 Jellis Craig
344A Highett St, Richmond 3 House (Res) Passed in at Auction 13/04/2019 Biggin & Scott
5 Madden Gr, Richmond 2 House Passed in at Auction 13/04/2019 Biggin & Scott
107/47 Murphy St, Richmond 2 Apartment Passed in at Auction 13/04/2019 Biggin & Scott
118 Richmond Tce, Richmond 3 House (Res) Auction Sale 13/04/2019 Jellis Craig
5/88 Richmond Tce, Richmond 2 Apartment Auction Sale 13/04/2019 Jellis Craig
46 York St, Richmond 2 House (Res) Auction Sale 13/04/2019 Biggin & Scott
69 Tanner St, Richmond 4 House (Res) Sold Before Auction 04/04/2019 Biggin & Scott

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$1.3mil

Metro Melbourne

$797k

Quarterly Price Change

-2.3%

Metro Melbourne

-3.7%

Median Rent

$675

Metro Melbourne

$450

Rental Yield

2.7%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 58.8% 45.1%
Days on Market 30 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,150,000 $870,000
3 Bedrooms $1,480,000 $733,000
4 Bedrooms $1,676,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $600 $490
3 Bedrooms $795 $420
4 Bedrooms $1,000 $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$648k

Metro Melbourne

$589k

Quarterly Price Change

4.4%

Metro Melbourne

-1.7%

Median Rent

$470

Metro Melbourne

$420

Rental Yield

3.8%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 58.8% 45.1%
Days on Market 30 42
Median price by Bedrooms Suburb Metro
1 Bedroom $394,250 $370,000
2 Bedrooms $725,000 $571,000
3 Bedrooms $1,220,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $400 $370
2 Bedrooms $560 $440
3 Bedrooms $802 $521

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