Richmond, VIC 3121

Richmond, VIC 3121

Compare Part of Yarra

3.22 km
Distance from CBD
25 k
Population

Auction Times

Sat 2 Jul
Auction Time Agency
11 Shelley Street
3 2 0 House
10:30 AM
Sat 2nd Jul
Biggin & Scott
404/132 Burnley Street
2 2 1 Apartment
11:00 AM
Sat 2nd Jul
Jellis Craig Bennison Mackinnon
6 Willis Street
3 2 0 House
11:00 AM
Sat 2nd Jul
Hocking Stuart
13/54 Bendigo Street
1 1 1 Apartment
11:30 AM
Sat 2nd Jul
Biggin & Scott
1/118A Bridge Road
3 2 1 Apartment
11:30 AM
Sat 2nd Jul
Caine Real Estate
7 Ellis Street
3 2 1 House
12:00 PM
Sat 2nd Jul
Jellis Craig Bennison Mackinnon
Sat 9 Jul
Auction Time Agency
2 Woodlawn Street
3 1 0 House
10:00 AM
Sat 9th Jul
Biggin & Scott
113 Hoddle Street
8 8 1 Unitblock
10:00 AM
Sat 9th Jul
Jellis Craig Bennison Mackinnon
22a Rooney Street
3 2 1 Townhouse
11:00 AM
Sat 9th Jul
Biggin & Scott
24/22-24 Bosisto Street
2 1 1 Apartment
11:00 AM
Sat 9th Jul
Bustin Simon Real Estate
61 Lyndhurst Street
3 2 1 House
11:00 AM
Sat 9th Jul
Jellis Craig Bennison Mackinnon
47 Egan Street
3 2 0 House
11:00 AM
Sat 9th Jul
Meridian Real Estate
804/8 Garfield Street
2 1 1 Apartment
11:00 AM
Sat 9th Jul
Biggin & Scott
3/61 - 65 Kent Street
2 1 1 Apartment
12:00 PM
Sat 9th Jul
Harcourts Select
60 Coppin Street
3 2 1 House
12:00 PM
Sat 9th Jul
Biggin & Scott
439 Punt Road
3 2 1 House
2:00 PM
Sat 9th Jul
Biggin & Scott
Median Sale Price
House
$1.5M
Updated on May 2022
2 BR
$1.3M
3 BR
$1.67M
4 BR
$2.22M
Unit
$611K
Updated on May 2022
1 BR
$410K
2 BR
$672K
3 BR
$1.29M
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
$1,500,000
+7.3% $818,000 $7,435,000 328
2022
$1,400,000
-7.1% $644,000 $3,990,000 142
Median Sale Price
$1.5M
Based on 313 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+5.3%
Current Median Price: $1,500,000
Previous Median Price: $1,420,000
Based on 584 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$674
Updated on May 2022
2 BR
$600
3 BR
$800
4 BR
$1,100
Unit
$425
Updated on May 2022
1 BR
$360
2 BR
$500
3 BR
$800
4 BR
$1,025
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 $1,900 671
2022
$675
-0.7% $210 $2,800 285
Median Rent Price
$675
per week
Based on 585 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
-0.7%
Current Median Rent: $675
Previous Median Rent: $680
Based on 1317 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.3%
Current Median Price: $1,500,000
Current Median rent: $675
Based on 898 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Richmond

Houses sold in Last 12 months ends 25 Jun 2022

$1.44M

Median Sale Price

74%

Clearance Rate

166/225

Sold/Reported

$3.28M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 2
$2 M - $3 M 11
$1.8 M - $2 M 11
$1.6 M - $1.8 M 5
$1.4 M - $1.6 M
(Median Price Range)
25
$1.2 M - $1.4 M 36
$1 M - $1.2 M 7
$800 K - $1 M 7

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