Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 3/20 Tyson Street 3 2 1 Townhouse | 10:00 AM Sat 23rd Nov | Jellis Craig Bennison Mackinnon |
 | 124 Buckingham Street 3 2 1 House | 10:00 AM Sat 23rd Nov | Hocking Stuart |
 | 2/61-65 Kent Street 2 1 1 Apartment | 10:00 AM Sat 23rd Nov | Biggin & Scott |
 | 9/199A Lennox Street 2 1 0 Apartment | 10:00 AM Sat 23rd Nov | Jellis Craig Bennison Mackinnon |
 | 304/2 Barnet Way 2 1 1 Apartment | 11:00 AM Sat 23rd Nov | Jellis Craig Bennison Mackinnon |
 | 93 Stawell Street 2 1 0 House | 11:00 AM Sat 23rd Nov | Biggin & Scott |
 | 31 Brighton Street 2 1 0 House | 12:00 PM Sat 23rd Nov | Biggin & Scott |
 | 20 Corsair Street 2 1 0 House | 12:30 PM Sat 23rd Nov | Nelson Alexander Real Estate |
 | 125 Brighton Street 3 2 1 House | 1:00 PM Sat 23rd Nov | Biggin & Scott |
 | 23 Highett Street 4 3 2 House | 1:00 PM Sat 23rd Nov | Jellis Craig Bennison Mackinnon |
 | 69 Brighton Street 2 1 2 House | 1:30 PM Sat 23rd Nov | Biggin & Scott |
Wed 27 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 302/136 Burnley Street 2 1 1 Apartment | 6:30 PM Wed 27th Nov | Robert Martin Realty Pty Ltd |
| 302/136 Burnley Street 2 1 1 Apartment | 6:30 PM Wed 27th Nov | Robert Martin Realty Pty Ltd |
Thu 28 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 1-6/71 Lord Street 8 6 6 Unitblock | 12:30 PM Thu 28th Nov | Meadows Partners |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 7 Dove Place 2 1 1 Townhouse | 10:00 AM Sat 30th Nov | Collins Simms |
 | 41 Westbank Terrace 2 1 1 House | 10:00 AM Sat 30th Nov | Jellis Craig Bennison Mackinnon |
 | 11 Cotter Street 2 1 0 House | 10:00 AM Sat 30th Nov | Jellis Craig Bennison Mackinnon |
 | 21 Stanley Street 3 1 4 House | 11:00 AM Sat 30th Nov | Jellis Craig Bennison Mackinnon |
 | 30 Rotherwood Street 3 1 0 House | 11:00 AM Sat 30th Nov | Jellis Craig Bennison Mackinnon |
 | 355 Burnley Street 4 2 1 House | 11:00 AM Sat 30th Nov | Biggin & Scott |
 | 12 Khartoum Street 4 2 1 House | 11:30 AM Sat 30th Nov | Biggin & Scott |
 | 12 Khartoum Street 4 2 1 House | 11:30 AM Sat 30th Nov | Biggin & Scott |
 | 11/2 Belgravia Street 3 1 1 Townhouse | 11:30 AM Sat 30th Nov | Hocking Stuart |
 | 6 The Crofts 2 1 0 House | 12:00 PM Sat 30th Nov | Biggin & Scott |
 | 31 Charlotte Street 2 1 0 House | 12:00 PM Sat 30th Nov | Jellis Craig Bennison Mackinnon |
 | 64 Type Street 4 1 2 House | 12:00 PM Sat 30th Nov | HEAVYSIDE |
 | 2A Hodgson Terrace 2 2 1 House | 12:30 PM Sat 30th Nov | Abercromby's Real Estate |
 | 101/1 Palmer Street 2 1 1 Apartment | 1:00 PM Sat 30th Nov | Jellis Craig Bennison Mackinnon |
 | 105 Kent Street 3 1 1 House | 1:00 PM Sat 30th Nov | Biggin & Scott |
 | 1103/33 Judd Street 2 2 2 Apartment | 1:00 PM Sat 30th Nov | Biggin & Scott |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
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 | 276 |
| 2010 | $850,000 | +12.8% | $299,000 | $2,860,000 | 332 |
| 2011 | $815,000 | -4.3% | $245,000 | $3,405,000 | 278 |
| 2012 | $801,000 | -1.7% | $215,000 | $3,510,000 | 326 |
| 2013 | $878,000 | +8.8% | $1 | $3,065,000 | 372 |
| 2014 | $955,000 | +8.1% | $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 | 230 |
| 2018 | $1,307,000 | +1.9% | $680,000 | $3,000,000 | 202 |
| 2019 | $1,270,000 | -2.9% | $687,500 | $3,220,000 | 192 |
| 2020 | $1,390,000 | +8.6% | $460,000 | $4,660,000 | 188 |
| 2021 | $1,490,000 | +6.7% | $818,000 | $7,435,000 | 328 |
| 2022 | $1,450,000 | -2.8% | $644,000 | $4,860,000 | 284 |
| 2023 | $1,415,000 | -2.5% | $740,000 | $5,148,000 | 250 |
| 2024 | $1,395,000 | -1.4% | $800,000 | $4,100,000 | 265 |
Median Sale Price
$1.38M
Based on 301 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-2.9%
Current Median Price: $1,380,000
Previous Median Price: $1,420,000
Based on 540 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
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 | $5,460 | 565 |
| 2017 | $660 | +1.5% | $320 | $3,000 | 553 |
| 2018 | $690 | +4.3% | $320 | $1,620 | 635 |
| 2019 | $675 | -2.2% | $280 | $2,800 | 644 |
| 2020 | $680 | +0.7% | $300 | $3,273 | 720 |
| 2021 | $680 | 0.0% | $275 | $2,200 | 675 |
| 2022 | $675 | -0.7% | $210 | $2,800 | 649 |
| 2023 | $775 | +12.9% | $360 | $4,780 | 506 |
| 2024 | $800 | +3.1% | $400 | $3,000 | 383 |
Median Rent Price
$800
per week
Based on 425 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+6.3%
Current Median Rent: $800
Previous Median Rent: $750
Based on 944 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,380,000
Current Median rent: $800
Based on 726 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Richmond
Houses sold in Last 12 months ends 16 Nov 2024
$1.42M
Median Sale Price
65%
Clearance Rate
163/254
Sold/Reported
$3.64M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 2 | |
| $2 M - $3 M | 6 | |
| $1.8 M - $2 M | 9 | |
| $1.6 M - $1.8 M | 4 | |
| $1.4 M - $1.6 M (Median Price Range) | 17 | |
| $1.2 M - $1.4 M | 20 | |
| $1 M - $1.2 M | 10 | |
| $800 K - $1 M | 8 | |
Similar Suburbs to Richmond 3121
Based on median house sale price sold in last 12 months
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 |