Suburb Profile
More Recent Sold in Richmond
| Address | Sold Date | Price |
|---|---|---|
| 48 Bennett Street, Richmond VIC | Apr 2018 | $1,156,500 |
| 10 Wells Street, Richmond VIC | Apr 2018 | $1,260,000 |
| 27 The Crofts, Richmond VIC | Apr 2018 | $1,368,000 |
| 2/47 Mary Street, Richmond VIC | Apr 2018 | $1,255,000 |
| 18/73 River Street, Richmond VIC | Apr 2018 | $744,000 |
More Recent Rent in Richmond
| Address | Rent Date | Price(per week) |
|---|---|---|
| 93 Type Street, Richmond VIC | Mar 2018 | $1,400 |
| 12 Melrose Street, Richmond VIC | Mar 2018 | $910 |
| 313/71 Abinger Street, Richmond VIC | Mar 2018 | $600 |
| 306 Burnley Street, Richmond VIC | Mar 2018 | $625 |
| 3/2-6 Docker Street, Richmond VIC | Mar 2018 | $450 |
Rent Yield in Richmond
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $388,023 | $387 | 5.19% | $390,000 | $395 | 5.27% | 565 |
| 2 | $630,198 | $563 | 4.65% | $630,000 | $560 | 4.62% | 745 |
| 3 | $800,646 | $820 | 5.33% | $900,000 | $800 | 4.62% | 290 |
| 4 | $1 | $1,006 | 5231200.00% | $1 | $1,000 | 5200000.00% | 26 |
| 5 | $1,498,000 | $1,598 | 5.55% | $1,498,000 | $1,598 | 5.55% | 3 |
| House | |||||||
| 1 | $1,620,000 | $402 | 1.29% | $1,620,000 | $385 | 1.24% | 6 |
| 2 | $605,049 | $601 | 5.17% | $800,000 | $600 | 3.90% | 185 |
| 3 | $601,384 | $813 | 7.03% | $1 | $795 | 4134000.00% | 161 |
| 4 | $1 | $1,059 | 5506800.00% | $1 | $1,000 | 5200000.00% | 21 |
| 5 | $1,498,000 | $1,598 | 5.55% | $1,498,000 | $1,598 | 5.55% | 3 |
| Unit/apmt | |||||||
| 1 | $381,671 | $387 | 5.27% | $390,000 | $393 | 5.24% | 441 |
| 2 | $615,201 | $530 | 4.48% | $612,475 | $530 | 4.50% | 344 |
| 3 | $729,834 | $810 | 5.77% | $852,000 | $750 | 4.58% | 25 |
| Townhouse | |||||||
| 2 | $1,007,222 | $649 | 3.35% | $1,005,000 | $655 | 3.39% | 44 |
| 3 | $982,143 | $906 | 4.80% | $1,120,000 | $850 | 3.95% | 37 |
| Apartment | |||||||
| 1 | $300,000 | $600 | 10.40% | $300,000 | $600 | 10.40% | 2 |
| 2 | $390,000 | - | - | $390,000 | - | - | 1 |
| 3 | - | $1,500 | - | - | $1,500 | - | 1 |
| Other | |||||||
| 1 | $453,000 | $318 | 3.65% | $453,000 | $295 | 3.39% | 11 |
| 2 | $756,708 | $505 | 3.47% | $688,500 | $510 | 3.85% | 10 |
| 3 | $1,041,333 | $460 | 2.30% | $1,099,000 | $460 | 2.18% | 7 |
| Unknown | |||||||
| 1 | $358,666 | $388 | 5.63% | $385,000 | $398 | 5.38% | 105 |
| 2 | $549,803 | $578 | 5.47% | $597,500 | $570 | 4.96% | 161 |
| 3 | $1,190,528 | $798 | 3.49% | $1,125,000 | $780 | 3.61% | 59 |
| 4 | - | $836 | - | - | $800 | - | 5 |
Schools in Richmond
| School Name | School Sector | School Type |
|---|---|---|
| Kamaruka | ||
| Lynall Hall Community School | Government | Secondary |
| Lynall Hall Community School Richmond Campus | ||
| Melbourne Girls College | Government | Secondary |
| Richmond Primary School | Government | Primary |
| Richmond West Primary School | Government | Primary |
| St Kevin's College Waterford | ||
| Yarra Primary School | Government | Primary |
Crime Rate of Yarra
| Crime Type | Rate of YARRA | Rate of VIC |
| Crime Against Property | 9,255 | 4,607 |
| Crime Against the Person | 1,383 | 940 |
| Drug Offences | 1,023 | 311 |
| Other Crime | 1,144 | 875 |
| Total | 12,805 | 6,733 |
Demographics of Richmond
| PopulationSize | Richmond | Melbourne |
| All People | 24112 | 3366613 |
| Country of Origin | Richmond | Melbourne |
| Australian Born | 65% | 65% |
| Born Overseas - Top 5 | Richmond | Melbourne |
| Viet Nam | 7% | 2% |
| Greece | 4% | 2% |
| United Kingdom | 4% | 5% |
| New Zealand | 2% | 1% |
| China | 2% | 1% |
| Median household income | Richmond | Melbourne |
| Weekly income | $1,731 | $1,333 |
| Age Statistics | Richmond | Melbourne |
| 20 to 39 | 48% | 33% |
| 40 to 59 | 22% | 28% |
| 60+ | 14% | 17% |
| 5 to 19 | 11% | 14% |
| 0 to 4 | 5% | 7% |
| Family Statistics - Top 5 | Richmond | Melbourne |
| Never Married | 51% | 33% |
| Married | 33% | 51% |
| Divorced | 8% | 7% |
| Widowed | 5% | 6% |
| Separated | 3% | 3% |
| Religion - Top 5 | Richmond | Melbourne |
| Catholic | 27% | 33% |
| No Religion | 26% | 19% |
| Anglican | 13% | 16% |
| Buddhism | 11% | 4% |
| Orthodox | 10% | 7% |
| Occupation - Top 5 | Richmond | Melbourne |
| Professionals | 13% | 8% |
| Intermediate Clerical/Sales/Service | 7% | 7% |
| Associate Professional | 6% | 5% |
| Managers and Administrators | 4% | 4% |
| Elementary Clerical/Sales/Service | 4% | 4% |
| Education - Top 5 | Richmond | Melbourne |
| Not Attending (Working) | 78% | 73% |
| University or other Tertiary Institution | 9% | 5% |
| Infants/Primary | 4% | 9% |
| Secondary Education | 3% | 7% |
| Technical or Further Education | 3% | 3% |
| Transport to Work - Top 5 | Richmond | Melbourne |
| Car (driver) | 21% | 28% |
| Ferry/tram | 5% | 1% |
| Walked | 5% | 1% |
| Train Only | 4% | 2% |
| Car (passenger) | 2% | 3% |
| Type of Dwelling - Top 3 | Richmond | Melbourne |
| Flat | 36% | 14% |
| Separate house | 29% | 74% |
| Semi/Terrace | 29% | 8% |
| Nature of Occupancy - Top 3 | Richmond | Melbourne |
| Rented | 49% | 24% |
| Fully Owned | 25% | 43% |
| Purchasing | 18% | 27% |
| Monthly Loan Repayment - Top 5 | Richmond | Melbourne |
| $800-$999 | 20% | 19% |
| $1,500+ | 18% | 9% |
| $600-$799 | 18% | 21% |
Supply Demand History in Richmond
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 216 | 19709 |
| 2015 May | 224 | 18551 |
| 2015 Jun | 217 | 16133 |
| 2015 Jul | 198 | 16488 |
| 2015 Aug | 226 | 20012 |
| 2015 Sep | 217 | 15567 |
| 2015 Oct | 220 | 14393 |
| 2015 Nov | 270 | 15472 |
| 2015 Dec | 233 | 9503 |
| 2016 Jan | 233 | 13301 |
| 2016 Feb | 273 | 18223 |
| 2016 Mar | 259 | 14297 |
| 2016 Apr | 268 | 16003 |
Based on Australian Bureau of Statistics data
Richmond, VIC 3121
(3.22 km to CBD)
- Median House Price: $1,257,500
- Median Unit Price: $545,000
Surrounding Suburbs
Closest Train Station
East Richmond Station
0.88 kmSelected Demographics of Richmond
- 8996 Number of House
- 11887 Number of Unit
- 24112 Number of People
- 33 Median Age
- 2.1 Median Household Size
- $369 Weekly Rent
- $905 Weekly Individual Income
- $2,158 Weekly Family Income
- $1,697 Weekly Household Income
- $0 Median Asking Price
- $600 Median Rent
- 0.00% Rent Yield
- 0 Stock On Sale
- 2.17% Vacancy Rate
- 262 Average Supply
- 14866 Average Demand
- 56.81 Supply Demand Ratio
Leading Agencies (Sale)
Biggin & Scott - Richmond 33%
Hocking Stuart - (Richmond) Pty Ltd 19%
Jellis Craig Bennison Mackinnon - RICHMOND 11%
Jellis Craig Bennison Mackinnon - Armadale 2%
Fletchers - South Melbourne & City Residential 2%
Melbourne Real Estate - South Yarra 2%
Hocking Stuart - Ballarat 1%
Nelson Alexander Real Estate - Fitzroy 1%
Woodards - Camberwell 1%
Little Residential - HAWTHORN 1%
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| Biggin & Scott - Richmond | 21% |
| Hocking Stuart - (Richmond) Pty Ltd | 17% |
| RUN Property - Hawthorn/Richmond | 7% |
| Jellis Craig - Richmond | 4% |
| Little Residential | 3% |
| Melbourne Real Estate - South Yarra | 2% |
| Leasing Melbourne - Melbourne | 2% |
| Look Property Group - SOUTH YARRA | 2% |
| Carroll McKeddie - South Yarra | 2% |
| Dingle Partners - Melbourne | 1% |
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