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 |
|---|---|---|---|---|---|---|---|
| 108/6 Lord St, Richmond | 2 |  | Apartment | Auction Sale | 28/03/2025 | Ray White Southbank and Port Phillip | View |
| 286 Mary St, Richmond | 3 |  | House (Res) | Passed in Vendor Bid | 28/03/2025 | Ray White Northcote | View |
| 2/28 Abinger St, Richmond | 3 |  | Townhouse (Res) | Sold Before Auction | 25/03/2025 | Jellis Craig - 0 | View |
| 59 Rowena Pde, Richmond | 2 |  | House (Res) | Sold Before Auction | 23/03/2025 | BigginScott | View |
| 9/9 Goodwood St, Richmond | 1 |  | Apartment | Private Sale | 20/03/2025 | Little Real Estate | View |
| 7/372 Church St, Richmond | 1 |  | Apartment | Private Sale | 12/03/2025 | BigginScott | |
| 215/33 Judd St, Richmond | 2 |  | Apartment | Private Sale | 11/03/2025 | Little Real Estate | View |
| 77a Laity St, Richmond | 3 |  | House (Res) | Private Sale | 7/03/2025 | BigginScott | |
| 59 Cutter St, Richmond | 2 |  | House (Res) | Sold Before Auction | 18/02/2025 | BigginScott | View |
| 134 Coppin St, Richmond | 3 | | House (Res) | Auction Sale | 28/03/2025 | Marshall White & Co - 0 | View |
| 76 Duke St, Richmond | 3 | | House (Res) | Auction Sale | 28/03/2025 | BigginScott | View |
| 247 Lennox St, Richmond | | House (Res) | Passed in Vendor Bid | 28/03/2025 | BigginScott | View | |
| 5/34 Lord St, Richmond | 2 | | Townhouse (Res) | Passed in Vendor Bid | 28/03/2025 | Jellis Craig - 0 | View |
| 20 Peers St, Richmond | 3 | | House (Res) | Auction Sale | 28/03/2025 | BigginScott | View |
| 1/15-17 Spencer Pl, Richmond | 3 | | House (Res) | Passed in Vendor Bid | 28/03/2025 | BigginScott | View |
Sales data
Median sale price
$1.4mil
Quarterly price change
4.8%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Richmond | Metro comparison |
|---|---|---|
| 2 | $1,170,000 | $881,200 |
| 3 | $1,653,500 | $810,000 |
| 4 | $2,257,500 | $942,350 |
| Insight | Richmond | Metro comparison |
|---|---|---|
| Clearance rate | 75% | 78.5% |
| Days on market | 35 | 42 |
Rental data
Median weekly rent
$823
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Richmond | Metro comparison |
|---|---|---|
| 2 | $750 | $580 |
| 3 | $975 | $550 |
| 4 | $1,300 | $600 |
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