Suburb Profile
More Recent Sold in Richmond
| Address | Sold Date | Price |
|---|---|---|
| 4/12 Woodlawn Street, Richmond VIC | Jun 2017 | $717,000 |
| 18 Yorkshire Street, Richmond VIC | Jun 2017 | $1,530,000 |
| 515/20 Burnley Street, Richmond VIC | Jun 2017 | $6,110,000 |
| 51 Garfield Street, Richmond VIC | Jun 2017 | $1,120,000 |
| 17/47 Mary Street, Richmond VIC | Jun 2017 | $1,190,000 |
More Recent Rent in Richmond
| Address | Rent Date | Price(per week) |
|---|---|---|
| 16/2 Docker Street, Richmond VIC | May 2017 | $350 |
| 97 Neptune Street, Richmond VIC | May 2017 | $575 |
| 212/71 Abinger Street, Richmond VIC | May 2017 | $395 |
| 104/18 Tanner Street, Richmond VIC | May 2017 | $550 |
| 1/16 Type Street, Richmond VIC | May 2017 | $500 |
Rent Yield in Richmond
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $415,044 | $387 | 4.85% | $400,000 | $380 | 4.94% | 354 |
| 1.5 | $460,000 | - | - | $460,000 | - | - | 1 |
| 2 | $614,298 | $559 | 4.73% | $605,100 | $550 | 4.73% | 587 |
| 3 | $992,000 | $815 | 4.27% | $1,150,000 | $795 | 3.59% | 214 |
| 4 | $1,158,572 | $1,042 | 4.68% | $1,890,000 | $980 | 2.70% | 32 |
| 5 | - | $2,500 | - | - | $2,500 | - | 1 |
| House | |||||||
| 1 | $780,000 | $446 | 2.97% | $780,000 | $435 | 2.90% | 8 |
| 2 | $418,001 | $589 | 7.33% | $1 | $600 | 3120000.00% | 129 |
| 3 | $623,201 | $767 | 6.40% | $1 | $750 | 3900000.00% | 85 |
| 4 | $498,751 | $963 | 10.04% | $2 | $950 | 2470000.00% | 17 |
| Townhouse | |||||||
| 1 | - | $350 | - | - | $350 | - | 1 |
| 2 | $1,038,333 | $623 | 3.12% | $990,000 | $640 | 3.36% | 21 |
| 3 | $1,150,000 | $955 | 4.32% | $1,150,000 | $850 | 3.84% | 15 |
| Unit/apmt | |||||||
| 1 | $396,889 | $383 | 5.02% | $380,000 | $380 | 5.20% | 186 |
| 1.5 | $460,000 | - | - | $460,000 | - | - | 1 |
| 2 | $617,484 | $525 | 4.42% | $550,000 | $515 | 4.87% | 183 |
| 3 | $750,000 | $782 | 5.42% | $750,000 | $825 | 5.72% | 14 |
| 4 | - | $950 | - | - | $950 | - | 1 |
| Apartment | |||||||
| 1 | - | $650 | - | - | $650 | - | 1 |
| 2 | $195,001 | $588 | 15.68% | $195,001 | $528 | 14.08% | 6 |
| 3 | - | $1,700 | - | - | $1,700 | - | 1 |
| Villa | |||||||
| 3 | - | $750 | - | - | $750 | - | 1 |
| Other | |||||||
| 2 | - | $566 | - | - | $553 | - | 4 |
| Unknown | |||||||
| 1 | $419,217 | $388 | 4.81% | $417,500 | $390 | 4.86% | 158 |
| 2 | $680,780 | $563 | 4.30% | $650,000 | $550 | 4.40% | 244 |
| 3 | $1,542,143 | $824 | 2.78% | $1,565,000 | $800 | 2.66% | 98 |
| 4 | $2,038,333 | $1,145 | 2.92% | $2,025,000 | $1,180 | 3.03% | 14 |
| 5 | - | $2,500 | - | - | $2,500 | - | 1 |
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: $1,212,000
- 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
- $500 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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