Richmond, VIC 3121

Richmond, VIC 3121

Compare Part of Yarra

3.22 km
Distance from CBD
25 k
Population
Median Sale Price
House
$1.31M
Updated on Aug 2020
2 BR
$1.18M
3 BR
$1.36M
4 BR
$1.83M
Unit
$590K
Updated on Aug 2020
1 BR
$405K
2 BR
$653K
3 BR
$1.18M
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
$1,305,000
+1.7% $680,000 $3,000,000 202
2019
$1,260,000
-3.6% $687,500 $3,220,000 192
2020
$1,257,500
-0.2% $840,000 $3,405,000 99
Median Sale Price
$1.3M
Based on 163 recorded sales within the last 12 months
Updated on 29 Sep 2020
Suburb Growth
+5.8%
Current Median Price: $1,300,000
Previous Median Price: $1,225,000
Based on 348 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$670
Updated on Aug 2020
2 BR
$600
3 BR
$775
4 BR
$1,000
Unit
$470
Updated on Aug 2020
1 BR
$400
2 BR
$550
3 BR
$850
4 BR
$795
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 $1,850 565
2017
$660
+1.5% $320 $3,000 551
2018
$690
+4.3% $320 $1,620 634
2019
$680
-1.5% $300 $2,800 644
2020
$695
+2.2% $300 $3,273 464
Median Rent Price
$690
per week
Based on 622 recorded rent within the last 12 months
Updated on 29 Sep 2020
Rent Price Growth
+0.7%
Current Median Rent: $690
Previous Median Rent: $685
Based on 1272 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,300,000
Current Median rent: $690
Based on 785 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Richmond

Houses sold in Last 12 months ends 26 Sep 2020

$1.27M

Median Sale Price

73%

Clearance Rate

73/100

Sold/Reported

$3.22M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 5
$1.8 M - $2 M 2
$1.6 M - $1.8 M 5
$1.4 M - $1.6 M 4
$1.2 M - $1.4 M
(Median Price Range)
18
$1 M - $1.2 M 11
$800 K - $1 M 6

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