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 |
|---|---|---|---|---|---|---|---|
| 34 Highett St, Richmond | 2 |  | House | Auction Sale | 12/06/2026 | BigginScott | View |
| 2 Hunter St, Richmond | 3 |  | House | Auction Sale | 12/06/2026 | Jellis Craig | View |
| 211/12 Coppin St, Richmond | 1 |  | Apartment | Private Sale | 2/06/2026 | MRE | View |
| 410/12 Coppin St, Richmond | 1 |  | Apartment | Private Sale | 25/05/2026 | MRE | View |
| 502/6 Lord St, Richmond | 1 |  | Apartment | Private Sale | 22/05/2026 | BigginScott | View |
| 308/71 Canterbury St, Richmond | 2 |  | Apartment | Private Sale | 16/05/2026 | BigginScott | |
| 4/86 Burnley St, Richmond | 2 |  | Apartment | Private Sale | 12/05/2026 | BigginScott | |
| 11/17 Kent St, Richmond | 2 |  | Townhouse | Passed in at Auction | 12/06/2026 | RT Edgar | View |
| 6 Stawell St, Richmond | 3 | | House | Auction Sale | 12/06/2026 | Jellis Craig | View |
| 20 Tudor St, Richmond | 3 | | House | Private Sale | 31/05/2026 | BigginScott | |
| 212/172 Lennox St, Richmond | 2 | | Apartment | Private Sale | 28/05/2026 | Jellis Craig | View |
| 36 Lesney St, Richmond | 4 | | House | Private Sale | 28/05/2026 | Jellis Craig | View |
| 131 Richmond Tce, Richmond | 3 | | Townhouse | Private Sale | 25/05/2026 | Jellis Craig | View |
| 112 Kent St, Richmond | 3 | | House | Private Sale | 22/05/2026 | Jellis Craig | View |
Sales data
Median sale price
$1.5mil
Quarterly price change
9%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Richmond | Metro comparison |
|---|---|---|
| 2 | $1,210,000 | $950,000 |
| 3 | $1,620,000 | $863,000 |
| 4 | $2,387,500 | $980,500 |
| Insight | Richmond | Metro comparison |
|---|---|---|
| Clearance rate | 84.6% | 74.9% |
| Days on market | 28 | 37 |
Rental data
Median weekly rent
$875
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Richmond | Metro comparison |
|---|---|---|
| 2 | $775 | $595 |
| 3 | $1,000 | $550 |
| 4 | $1,350 | $595 |
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