Richmond, VIC 3121

Richmond, VIC 3121

Compare Part of Yarra

3.22 km
Distance from CBD
25 k
Population

Auction Times

Sat 30 Jan
Auction Time Agency
4 Lord Place
2 1 3 House
11:00 AM
Sat 30th Jan
Biggin & Scott
2 Duke Street
3 2 2 Townhouse
11:00 AM
Sat 30th Jan
Biggin & Scott
46 Lord Street
3 1 0 House
11:00 AM
Sat 30th Jan
Biggin & Scott
Median Sale Price
House
$1.35M
Updated on Dec 2020
2 BR
$1.18M
3 BR
$1.47M
4 BR
$1.86M
Unit
$560K
Updated on Dec 2020
1 BR
$408K
2 BR
$655K
3 BR
$1.12M
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
$1,352,000
+6.8% $840,000 $3,900,000 183
2021
$1,240,000
-9.0% $1,205,000 $1,240,000 3
Median Sale Price
$1.35M
Based on 184 recorded sales within the last 12 months
Updated on 18 Jan 2021
Suburb Growth
+6.8%
Current Median Price: $1,352,000
Previous Median Price: $1,260,000
Based on 377 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$650
Updated on Dec 2020
2 BR
$590
3 BR
$755
4 BR
$1,000
Unit
$450
Updated on Dec 2020
1 BR
$380
2 BR
$525
3 BR
$820
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 $1,620 635
2019
$675
-2.2% $300 $2,800 644
2020
$680
+0.7% $300 $3,273 698
2021
-
- - - -
Median Rent Price
$680
per week
Based on 682 recorded rent within the last 12 months
Updated on 18 Jan 2021
Rent Price Growth
0.0%
Current Median Rent: $680
Previous Median Rent: $680
Based on 1318 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,352,000
Current Median rent: $680
Based on 866 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For Richmond

Houses sold in Last 12 months ends 16 Jan 2021

$1.27M

Median Sale Price

84%

Clearance Rate

69/83

Sold/Reported

$2.7M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 3
$1.8 M - $2 M 4
$1.6 M - $1.8 M 3
$1.4 M - $1.6 M 7
$1.2 M - $1.4 M
(Median Price Range)
11
$1 M - $1.2 M 11
$800 K - $1 M 5

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