Auction Times
Sat 24 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 98 Somerset Street 3 3 0 Townhouse | 10:00 AM Sat 24th Apr | Jellis Craig Bennison Mackinnon |
 | 1A Jika Place 2 1 1 House | 10:00 AM Sat 24th Apr | Jellis Craig Bennison Mackinnon |
 | 22/9 Tennyson Street 2 1 1 Apartment | 11:00 AM Sat 24th Apr | Biggin & Scott |
 | 9/16 Derby Street 1 1 1 Apartment | 11:30 AM Sat 24th Apr | Hocking Stuart |
 | 4/22 Buckingham Street 2 2 1 Townhouse | 12:00 PM Sat 24th Apr | Biggin & Scott |
 | 2 Davison Street 3 1 0 House | 12:00 PM Sat 24th Apr | Jellis Craig Bennison Mackinnon |
 | 7 Egan Street 3 2 0 House | 12:00 PM Sat 24th Apr | Jellis Craig Bennison Mackinnon |
 | 1/68 Rowena Parade 2 1 1 Apartment | 12:30 PM Sat 24th Apr | Hocking Stuart |
 | 208/33 Judd Street 3 2 2 Townhouse | 1:00 PM Sat 24th Apr | Jellis Craig Bennison Mackinnon |
 | 46 Freeman Street 3 2 1 Townhouse | 1:00 PM Sat 24th Apr | Biggin & Scott |
 | 27 Rose Street 1 1 1 House | 1:30 PM Sat 24th Apr | Marshall White One |
Sat 1 May | Auction Time | Agency | |
|---|---|---|---|
 | 32/8 Hull Street 1 1 1 Apartment | 10:00 AM Sat 1st May | Biggin & Scott |
 | 18/55 Bendigo Street 2 1 1 Apartment | 10:00 AM Sat 1st May | Jellis Craig Bennison Mackinnon |
 | 8/36 Davison Street 1 1 1 Apartment | 11:00 AM Sat 1st May | McLaren Real Estate |
 | 506/28 Tanner Street 3 2 2 Apartment | 11:00 AM Sat 1st May | Jellis Craig Bennison Mackinnon |
 | 1/25 Coppin Street 1 1 1 Apartment | 11:00 AM Sat 1st May | Jellis Craig Bennison Mackinnon |
| 1/25 Coppin Street 1 1 1 Apartment | 11:00 AM Sat 1st May | Jellis Craig Bennison Mackinnon |
 | 42 Hofert Lane 2 2 1 House | 11:00 AM Sat 1st May | Biggin & Scott |
 | 7/35 Waltham Street 2 1 1 Apartment | 11:00 AM Sat 1st May | Biggin & Scott |
 | 11/241 Stawell Street 1 1 1 Apartment | 11:30 AM Sat 1st May | Hocking Stuart |
 | 10 Buckingham Street 3 2 2 Townhouse | 11:30 AM Sat 1st May | Hocking Stuart |
 | 44 Johnson Street 3 1 2 House | 12:00 PM Sat 1st May | Jellis Craig Bennison Mackinnon |
 | 9/72 Baker Street 2 1 1 Apartment | 12:00 PM Sat 1st May | Biggin & Scott |
 | 149 Mary Street 3 1 0 House | 12:00 PM Sat 1st May | Biggin & Scott |
 | 2/28 Hull Street 3 3 2 Townhouse | 12:30 PM Sat 1st May | Hocking Stuart |
 | 403/84 Cutter Street 3 2 2 Apartment | 2:00 PM Sat 1st May | Woodards Northern |
 | 47 Bennett Street 4 2 2 House | 2:00 PM Sat 1st May | Jellis Craig Bennison Mackinnon |
 | 60 Davison Street 2 1 1 House | 2:00 PM Sat 1st May | Eview Real Estate Partners |
 | 44 Lyndhurst Street 2 1 0 House | 3:00 PM Sat 1st May | Biggin & Scott |
 | 1/20 Tyson Street 3 2 1 Townhouse | 3:00 PM Sat 1st May | Jellis Craig Bennison Mackinnon |
Tue 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 5/51-53 Somerset Street 1 1 1 Apartment | 5:30 PM Tue 4th May | Jellis Craig Bennison Mackinnon |
Median Sale Price
House
$1.34M
Updated on Feb 2021
2 BR $1.12M | 3 BR $1.4M | 4 BR $1.86M |
Unit
$556K
Updated on Feb 2021
1 BR $405K | 2 BR $640K | 3 BR $1M |
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 | 275 |
| 2010 | $842,500 | +12.0% | $299,000 | $2,860,000 | 332 |
| 2011 | $815,000 | -3.4% | $245,000 | $3,405,000 | 278 |
| 2012 | $801,000 | -1.7% | $215,000 | $3,510,000 | 326 |
| 2013 | $877,000 | +8.7% | $1 | $3,065,000 | 372 |
| 2014 | $955,000 | +8.2% | $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 | 229 |
| 2018 | $1,305,000 | +1.7% | $680,000 | $3,000,000 | 202 |
| 2019 | $1,260,000 | -3.6% | $687,500 | $3,220,000 | 192 |
| 2020 | $1,352,000 | +6.8% | $840,000 | $3,900,000 | 186 |
| 2021 | $1,336,000 | -1.2% | $861,000 | $7,435,000 | 93 |
Median Sale Price
$1.36M
Based on 230 recorded sales within the last 12 months
Updated on 23 Apr 2021
Suburb Growth
+4.4%
Current Median Price: $1,360,000
Previous Median Price: $1,300,000
Based on 430 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$650
Updated on Mar 2021
2 BR $593 | 3 BR $750 | 4 BR $950 |
Unit
$430
Updated on Mar 2021
1 BR $360 | 2 BR $500 | 3 BR $800 | 4 BR $860 |
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 | $1,850 | 565 |
| 2017 | $660 | +1.5% | $320 | $3,000 | 551 |
| 2018 | $680 | +2.9% | $320 | $1,620 | 635 |
| 2019 | $675 | -0.7% | $300 | $2,800 | 644 |
| 2020 | $680 | +0.7% | $300 | $3,273 | 718 |
| 2021 | $700 | +2.9% | $275 | $1,600 | 202 |
Median Rent Price
$680
per week
Based on 705 recorded rent within the last 12 months
Updated on 23 Apr 2021
Rent Price Growth
-2.2%
Current Median Rent: $680
Previous Median Rent: $695
Based on 1374 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,360,000
Current Median rent: $680
Based on 935 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)
Auction Results For Richmond
Houses sold in Last 12 months ends 17 Apr 2021
$1.33M
Median Sale Price
90%
Clearance Rate
104/116
Sold/Reported
$2.85M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 8 | |
| $1.8 M - $2 M | 9 | |
| $1.6 M - $1.8 M | 3 | |
| $1.4 M - $1.6 M | 12 | |
| $1.2 M - $1.4 M (Median Price Range) | 26 | |
| $1 M - $1.2 M | 11 | |
| $800 K - $1 M | 6 | |
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 |