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
146 Brighton St, Richmond2PriceTownhouseAuction Sale31/07/2026BigginScottView
128 Lennox St, Richmond3PriceHouseAuction Sale31/07/2026BigginScottView
6/25 Waltham St, Richmond1PriceApartmentPrivate Sale1/07/2026BigginScottView
123/253 Bridge Rd, Richmond1PriceApartmentPrivate Sale29/06/2026BigginScottView
10/7 Docker St, Richmond1PriceApartmentPrivate Sale29/06/2026BigginScottView
103 Coppin St, Richmond2PriceHouseAuction Sale31/07/2026RT Edgar View
87 Egan St, Richmond2PriceHousePassed in at Auction31/07/2026BigginScottView
12 Kent St, Richmond3PriceHousePassed in at Auction31/07/2026Burne MacmillanView
48 Somerset St, Richmond3PriceHouseAuction Sale31/07/2026Jellis Craig
91 Somerset St, Richmond2PriceHouseAuction Sale31/07/2026BigginScottView
64 Clifton St, Richmond2PriceHouseSold Before Auction24/07/2026McGrath South YarraView
31 Bowen St, Richmond3PriceHousePrivate Sale16/07/2026Jellis CraigView
805/11 David St, Richmond2PriceApartmentPrivate Sale7/07/2026Jellis CraigView
15 Darlington Pde, Richmond3PriceHousePrivate Sale6/07/2026Jellis CraigView

Sales data

Median sale price
$1.4mil
Quarterly price change
-6.9%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsRichmondMetro comparison
2$1,197,000$950,000
3$1,620,000$872,000
4$2,337,500$990,000
InsightRichmondMetro comparison
Clearance rate74.6%68.8%
Days on market2842

Rental data

Median weekly rent
$895
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.1%
BedroomsRichmondMetro comparison
2$780$600
3$1,030$560
4$1,350$600
Median data for the current quarter
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