Auction Times
Sat 10 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 103 Lord Street 3 1 0 House | 11:00 AM Sat 10th Dec | Jellis Craig Bennison Mackinnon |
 | 59 Kent Street 3 2 2 Townhouse | 11:00 AM Sat 10th Dec | Jellis Craig Bennison Mackinnon |
 | 24 Gibdon Street 3 1 0 House | 11:30 AM Sat 10th Dec | Marshall White |
 | 26 Wellington Street 2 1 1 House | 12:00 PM Sat 10th Dec | Jellis Craig Bennison Mackinnon |
 | 76 Laity Street 3 1 0 House | 12:30 PM Sat 10th Dec | Hocking Stuart |
 | 21 Bromham Place 9 4 2 House | 1:00 PM Sat 10th Dec | Biggin & Scott |
 | 2/37 Davison Street 2 1 1 Townhouse | 1:30 PM Sat 10th Dec | Hocking Stuart |
 | 64 Kent Street 3 3 1 House | 2:00 PM Sat 10th Dec | Biggin & Scott |
Wed 14 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 392 Church Street 3 1 0 House | 11:00 AM Wed 14th Dec | Kliger Wood Real Estate |
Sat 17 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 88 Lincoln Street 3 2 0 House | 11:00 AM Sat 17th Dec | Biggin & Scott |
 | 4 Bosisto Street 3 2 2 House | 1:00 PM Sat 17th Dec | Biggin & Scott |
Median Sale Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $741,000 | 0.0% | $415,000 | $2,155,000 | 275 |
| 2010 | $842,500 | +12.0% | $299,000 | $2,860,000 | 332 |
| 2011 | $815,000 | -3.4% | $245,000 | $3,405,000 | 278 |
| 2012 | $801,000 | -1.7% | $215,000 | $3,510,000 | 326 |
| 2013 | $877,000 | +8.7% | $1 | $3,065,000 | 372 |
| 2014 | $955,000 | +8.2% | $297,500 | $4,070,000 | 312 |
| 2015 | $1,120,000 | +14.7% | $327,500 | $4,320,000 | 284 |
| 2016 | $1,220,000 | +8.2% | $535,000 | $28,570,000 | 249 |
| 2017 | $1,282,500 | +4.9% | $740,000 | $3,400,000 | 229 |
| 2018 | $1,307,000 | +1.9% | $680,000 | $3,000,000 | 202 |
| 2019 | $1,270,000 | -2.9% | $687,500 | $3,220,000 | 192 |
| 2020 | $1,390,000 | +8.6% | $460,000 | $4,660,000 | 188 |
| 2021 | $1,490,000 | +6.7% | $818,000 | $7,435,000 | 328 |
| 2022 | $1,446,000 | -3.0% | $644,000 | $3,990,000 | 268 |
Median Sale Price
$1.45M
Based on 287 recorded sales within the last 12 months
Updated on 9 Dec 2022
Suburb Growth
-2.8%
Current Median Price: $1,450,000
Previous Median Price: $1,490,000
Based on 617 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $560 | 0.0% | $180 | $2,500 | 381 |
| 2012 | $575 | +2.6% | $160 | $2,254 | 425 |
| 2013 | $580 | +0.9% | $165 | $1,150 | 509 |
| 2014 | $600 | +3.3% | $200 | $1,595 | 348 |
| 2015 | $620 | +3.2% | $300 | $48,000 | 651 |
| 2016 | $650 | +4.6% | $290 | $5,460 | 565 |
| 2017 | $660 | +1.5% | $320 | $3,000 | 553 |
| 2018 | $680 | +2.9% | $320 | $1,620 | 635 |
| 2019 | $675 | -0.7% | $280 | $2,800 | 644 |
| 2020 | $680 | +0.7% | $300 | $3,273 | 720 |
| 2021 | $680 | 0.0% | $275 | $1,900 | 673 |
| 2022 | $675 | -0.7% | $210 | $2,800 | 573 |
Median Rent Price
$675
per week
Based on 608 recorded rent within the last 12 months
Updated on 9 Dec 2022
Rent Price Growth
-0.7%
Current Median Rent: $675
Previous Median Rent: $680
Based on 1291 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,450,000
Current Median rent: $675
Based on 895 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)
Auction Results For Richmond
Houses sold in Last 12 months ends 3 Dec 2022
$1.39M
Median Sale Price
70%
Clearance Rate
163/234
Sold/Reported
$4.4M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 4 | |
| $2 M - $3 M | 8 | |
| $1.8 M - $2 M | 11 | |
| $1.6 M - $1.8 M | 5 | |
| $1.4 M - $1.6 M | 22 | |
| $1.2 M - $1.4 M (Median Price Range) | 32 | |
| $1 M - $1.2 M | 13 | |
| $800 K - $1 M | 7 | |
| $600 K - $800 K | 1 | |
Similar Suburbs to Richmond 3121
Based on median house sale price sold in last 12 months
Schools closest to Richmond, VIC 3121
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Lynall Hall Community School | CNR GLEADELL & HIGHETT STREETRichmond 3121 | Secondary | Government | 0.23 km |
| Yarra Primary School | DAVISON STREETRichmond 3121 | Primary | Government | 0.64 km |
| Richmond West Primary School | 25 LENNOX STREETRichmond 3121 | Primary | Government | 0.72 km |
| Trinity Catholic School | 57 DAVISON STREETRichmond 3121 | Primary | Catholic | 0.72 km |
| Abbotsford Primary School | LITHGOW STREETAbbotsford 3067 | Primary | Government | 1 km |
| Richmond Primary School | 85 BRIGHTON STREETRichmond 3121 | Primary | Government | 1.25 km |
| Melbourne Girls CollegeTop 50 | YARRA BOULEVARDRichmond 3121 | Secondary | Government | 1.23 km |
| Sophia Mundi Steiner School | 1 ST HELIERS STREETAbbotsford 3067 | Combined | Independent | 1.74 km |
| Hawthorn West Primary School | CNR WOOD STREET & BURWOOD ROADHawthorn 3122 | Primary | Government | 1.51 km |
| Melbourne High SchoolTop 5 | FORREST HILLSouth Yarra 3141 | Secondary | Government | 1.93 km |