Suburb Profile

Supply Demand History in Richmond

MonthSupplyDemand
2015 Apr21619709
2015 May22418551
2015 Jun21716133
2015 Jul19816488
2015 Aug22620012
2015 Sep21715567
2015 Oct22014393
2015 Nov27015472
2015 Dec2339503
2016 Jan23313301
2016 Feb27318223
2016 Mar25914297
2016 Apr26816003

More Recent Sold in Richmond

Address Sold Price
15 Khartoum Street 4 $2,365,000
402/8-10 New Street 2 $545,000
224/8 Garfield Street 2 $510,000
116/11 David Street 2 $723,000
288 Lennox Street 3 $2,351,000

More Recent Rent in Richmond

Address Price/Week
403/2 McGoun Street 2 $825
6/45 York Street 1 $590
3/11 Brougham Street 1 $445
C112/115 Church Street 1 $495
12 Rooney Street 3 $950

Rent Yield in Richmond

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$389,535$4726.30%$380,000$4756.50%359
2$701,268$6805.04%$685,000$6805.16%478
3$1,162,842$1,0144.53%$1,300,000$9633.85%226
4$1,634,211$1,6935.39%$1,850,000$1,4254.01%39
5-$1,567--$1,600-3
House
2$1,081,667$7123.42%$1,032,500$7103.58%30
3$1,581,538$1,0363.41%$1,450,000$9383.36%37
4$1,725,000$1,2333.72%$1,725,000$1,1003.32%5
5-$1,500--$1,500-1
Unit/apmt
1$381,984$4576.22%$375,000$4506.24%120
2$604,057$6195.33%$599,000$5955.17%103
3$1,090,000$8914.25%$1,090,000$8754.17%7
Townhouse
2$850,000$7704.71%$850,000$7884.82%11
3$1,370,000$1,0263.89%$1,370,000$1,0003.80%12
4-$850--$850-1
Apartment
1-$490--$490-1
2-$580--$580-1
Other
1-$444--$475-5
2$512,000$5936.02%$512,000$5936.02%4
3-$950--$950-1
Unknown
1$392,928$4816.37%$385,000$4756.42%233
2$712,516$6935.06%$730,000$7004.99%329
3$1,075,197$1,0164.91%$1,250,000$9754.06%169
4$1,623,530$1,8315.86%$1,950,000$1,6504.40%33
5-$1,600--$1,600-2

Demographics of Richmond

PopulationSizeRichmondMelbourne
All People241123366613
Country of OriginRichmondMelbourne
Australian Born65%65%
Born Overseas - Top 5RichmondMelbourne
Viet Nam7%2%
Greece4%2%
United Kingdom4%5%
New Zealand2%1%
China2%1%
Median household incomeRichmondMelbourne
Weekly income$1,731$1,333
Age StatisticsRichmondMelbourne
20 to 3948%33%
40 to 5922%28%
60+14%17%
5 to 1911%14%
0 to 45%7%
Family Statistics - Top 5RichmondMelbourne
Never Married51%33%
Married33%51%
Divorced8%7%
Widowed5%6%
Separated3%3%
Religion - Top 5RichmondMelbourne
Catholic27%33%
No Religion26%19%
Anglican13%16%
Buddhism11%4%
Orthodox10%7%
Occupation - Top 5RichmondMelbourne
Professionals13%8%
Intermediate Clerical/Sales/Service7%7%
Associate Professional6%5%
Managers and Administrators4%4%
Elementary Clerical/Sales/Service4%4%
Education - Top 5RichmondMelbourne
Not Attending (Working)78%73%
University or other Tertiary Institution9%5%
Infants/Primary4%9%
Secondary Education3%7%
Technical or Further Education3%3%
Transport to Work - Top 5RichmondMelbourne
Car (driver)21%28%
Ferry/tram5%1%
Walked5%1%
Train Only4%2%
Car (passenger)2%3%
Type of Dwelling - Top 3RichmondMelbourne
Flat36%14%
Separate house29%74%
Semi/Terrace29%8%
Nature of Occupancy - Top 3RichmondMelbourne
Rented49%24%
Fully Owned25%43%
Purchasing18%27%
Monthly Loan Repayment - Top 5RichmondMelbourne
$800-$99920%19%
$1,500+18%9%
$600-$79918%21%

Crime Rate of Yarra

Crime TypeRate of YARRARate of VIC
Crime Against Property9,2554,607
Crime Against the Person1,383940
Drug Offences1,023311
Other Crime1,144875
Total12,8056,733
Note: Richmond belongs to city Yarra. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Richmond, VIC 3121 (3.22 km to CBD)

Median House Price

$1,452,500

Median Unit Price

$627,500

Surrounding Suburbs

Closest Train Station

East Richmond Station 0.88 km

Selected 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
  • $1,452,500 Median Asking Price
  • $675 Median Rent
  • 0.02% Rent Yield
  • 329 Stock On Sale
  • 2.17% Vacancy Rate
  • 262 Average Supply
  • 14866 Average Demand
  • 56.81 Supply Demand Ratio

Schools in Richmond

Leading Agencies (Sale)

Biggin & Scott - Richmond 33%

Jellis Craig Bennison Mackinnon - RICHMOND 15%
Hocking Stuart - (Richmond) Pty Ltd 15%
Fletchers - South Melbourne & City Residential 2%
Melbourne Real Estate - South Yarra 2%
RT Edgar - Toorak 1%
Little Residential - HAWTHORN 1%
Hocking Stuart - Ballarat 1%
Nelson Alexander Real Estate - Fitzroy 1%
Jellis Craig Bennison Mackinnon - Armadale 1%

Leading Agents (Rent)

Agent NamePercentage
Biggin & Scott - Richmond21%
Hocking Stuart - (Richmond) Pty Ltd17%
RUN Property - Hawthorn/Richmond7%
Jellis Craig - Richmond4%
Little Residential3%
Melbourne Real Estate - South Yarra2%
Leasing Melbourne - Melbourne2%
Look Property Group - SOUTH YARRA2%
Carroll McKeddie - South Yarra2%
Dingle Partners - Melbourne1%