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
72 Docker St, Richmond3PriceHouseAuction Sale1/05/2026Jellis CraigView
112 Kent St, Richmond3PriceHousePassed in Vendor Bid1/05/2026Jellis CraigView
13 Moore St, Richmond2PriceHouseAuction Sale1/05/2026BigginScottView
71 Neptune St, Richmond3PriceHousePassed in Vendor Bid1/05/2026Morrison Kleeman
5/19 River St, Richmond2PriceApartmentAuction Sale1/05/2026Jellis CraigView
14/291 Church St, Richmond2PriceTownhouseSold Before Auction23/04/2026BigginScott
71 Somerset St, Richmond3PriceHouseSold Before Auction23/04/2026BigginScottView
5/81 Abinger St, Richmond2PriceTownhousePrivate Sale19/04/2026BigginScottView
12/339 Burnley St, Richmond1PriceApartmentPrivate Sale19/04/2026BigginScott
8/34 Davison St, Richmond1PriceApartmentPrivate Sale17/04/2026BigginScott
39 York St, Richmond3PriceHousePrivate Sale13/04/2026BigginScottView
129/8 Garfield St, Richmond1PriceApartmentPrivate Sale6/04/2026BigginScott
204/174 Burnley St, Richmond1PriceApartmentPrivate Sale1/04/2026BigginScott
7/60 Glass St, Richmond2PriceTownhousePassed in at Auction1/05/2026Ray White Southbank and Port Phillip
144 Mary St, Richmond2PriceHouseAuction Sale1/05/2026Jellis CraigView
207/253 Bridge Rd, Richmond2PriceApartmentPrivate Sale19/04/2026Whitefox Real EstateView
10/47 Davison St, Richmond1PriceApartmentPrivate Sale17/04/2026BigginScott

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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