Suburb Overview

Richmond – 3121

  • 28,587Population
  • 34Median Age

Suburb Performance Potential - 02/24 Quarter

  • 1.05%Capital Growth
    (Houses)
Richmond – 3121
  • $1,579,500Median House Price
    (Updated Feb 2024)
  • 14.46%Quarterly Price Change
  • $575,000Median Unit Price
    (Updated Feb 2024)
  • -11.54%Quarterly Price Change

Richmond 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.

Sales Snapshot for Richmond – 3121

  • 77.34%Auction Clearance Rate
    Summary Date: 19 Apr 24
  • 74.09%Auctioned Sale Method
    (Last 12 months)
    Summary Date: 19 Apr 24
  • 25 daysMedian days on market
    (Last 12 months)
    From April 24
  • 274Total Sales
    From April 24

Median SalesFrom properties in proximity to Richmond – 3121

  • Kew$2,900,000
  • Hawthorn$2,805,000
  • South Yarra$2,221,500
  • Richmond$1,431,000
  • Abbotsford$1,290,000
  • Collingwood$1,241,000
  • Melbourne$560,000

Listings for Richmond – 3121

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The data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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