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Richmond

  • There are around 28,630 residents living in Richmond
  • Most residents are singles, with 28% aged 19-30 years old
  • Majority of homes are apartments lived in by renters
Richmond Area Boundary Map

Property price trends

These median prices may indicate the common property values in this area and how they have changed over the last 5 years. Source: CoreLogic

$1,378,034

House median sale price

2.8% Decline

L

ast 12 months

$615,450

Unit median sale price

6.8% Decline

L

ast 12 months

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

26 Days

House median days on market

27 Days

Unit median days on market

770 Properties

Sold in last 12 months

263 Properties

Available in the last month

Suburb snapshot

Last month Richmond had 263 properties on sale, with 770 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $1,378,034, which has decreased by 2.8%. The median sale price for units has been around $615,450 and has decreased by 6.8%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Richmond is around $760 and has increased by 1.3% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $575 and has increased by 9.5%.

There are around 28,630 residents living in Richmond. They are predominantly made up of singles, living in apartments with the majority being renters. The most common occupations for locals are professionals, managers, and clerical and administrative workers. Richmond also has a number of primary and secondary schools nearby, including St Kevin's College - Waterford (primary) and Lynall Hall Community School (secondary).

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Richmond residents

Key characteristics of the residents in the area, open the breakdown to see more detail for each category.

19-30

Is the most common age range

Renters

Most common occupant type

Singles

Most common household profile

Professionals

Most common occupation

Apartments

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

St Kevin's College - Waterford

K - Yr 12

Trinity Catholic School

K - Yr 6

Catholic

Yarra Primary School

K - Yr 6

Government

Get a wider view

Widen your research to learn about the council or state that Richmond belongs to.

Yarra Council

View the council data

Victoria

Get a view of the whole state

Explore surrounding suburbs

Learn about neighbouring suburbs to see if they are better suited to your budget or lifestyle.

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