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Investment Property Richmond, VIC, 3121

Suburb Snapshot

Richmond is a suburb in the Yarra Region of Victoria. Richmond has a population of 27,707 people and 47.32% of its occupants live in rental accommodation. The median listing price for houses is $1,300,000 and this has changed 0.00% over the past year and changed -3.71% over 2 years.

The median rent in Richmond for houses is $820 per week and the median rental yield is 3.28%. Stock on the market for houses/townhouses has changed -3.13% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $520,000 and this has changed -4.59% over the past year. The average unit takes 85 days to sell and the median rent for a unit in Richmond is $575 per week, producing a rental yield of 5.75%.

Supply & Demand in Richmond, Yarra

1.51%

Current vacancy rate


257

Rental stock available


27,707

Population


47.32%

Rental population


1.39%

Current vacancy rate


800

Rental stock available


86,658

Population


45.73%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Richmond, Yarra

  House Townhouses Units
Median listing price $1,300,000 $1,150,000 $520,000
Median price change - last quarter -6.82% -6.39% -2.35%
Median price change - 1 year 0.00% -4.17% -4.59%
Median price change - 2 years -3.71% -3.37% -0.96%
  House Townhouses Units
Median weekly rent $820 $880 $575
Median yield % 3.28% 3.97% 5.75%
Median rent change - 1 year 3.14% 1.14% 9.52%
  House Units
Previous month sales 29 37
Stock on market previous month 93 138
Stock variance vs. last year -3.13% -16.87%
Average days on market 55 85

Richmond investment property listings

Showing 5 of 295 investment properties found in Richmond on realestateinvestar.com.au

3 Egan St, Richmond

$1,575,000

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Longton' | Immaculate Grand Victorian Terrace

Meticulously renovated with a seamless fusion of modern elegance and classic charm throughout, this resplendent three bedroom double storey brick Victorian Terrace boasts an enviable north facing rear garden with the bonus of two car space permits. Enter via an ornate tessellated tiled porch into ...

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House

VIC 3121


29 York St, Richmond

$1,400,000

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A residence of history, design integrity, and inner-urban sophis

Set within one of Richmond's most character-rich pockets, 29 York Street is a residence that seamlessly weaves industrial heritage with contemporary luxury. This is not simply a home - it is a story told through architecture, craftsmanship, and thoughtful design. A site steeped in Melbourne ...

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House

VIC 3121


105 Brighton St, Richmond

$1,600,000

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Renewed Victorian with a prestige address

Claiming a privileged address with the Yarra River, Church and Swan Streets as its lifestyle backdrop, this completely reimagined Victorian offers a period meets modern blend with room for the family. Built upon craftsmanship simply not found in today's homes, interiors sweep across a single ...

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House

VIC 3121


131 Richmond Tce, Richmond

$1,850,000

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Converted masterclass in Richmond Hill luxury

Expressions of Interest closing Tuesday 2nd June at 2pm Capturing unforgettable views high on Richmond Hill, this inspired rework harnesses grandeur and scale, delivers countless luxuries, and offers a cultured take on inner city life. With a pocket park at its doorstep, pubs and cafés down the ...

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Townhouse

VIC 3121


14 Madden Grove, Richmond

$1,650,000

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BRAND NEW, 3 BEDROOMS, AMAZING LOCATION FOR EVERYTHING

Expressions Of Interest Closing Tuesday 5th May @ 12pm This brand-new town residence, part of an exclusive boutique development of just two, offers luxurious living across three spacious levels. Perfectly located near Burnley Station, with local shops, vibrant cafes, schools, and public transport ...

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Townhouse

VIC 3121


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