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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 251 investment properties found in Richmond on realestateinvestar.com.au

303 Lennox St, Richmond

$3,800,000

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Luxury through creativity on Richmond Hill

Seconds to the Swan Street bustle while its own sanctuary away from the world, the acclaimed Matt Gibson Architecture + Design brings imagination, innovation, and inspiration to Richmond Hill. Beyond its gardens, Victorian façade, and signature yellow door, interiors offer a masterclass in ...

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VIC 3121


3A Lambert St, Richmond

$1,400,000

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Visionary design in first class luxury

Both a tranquil Yarra retreat and celebration of the Richmond verve, this brand new showpiece with supreme lifestyle appeal offers a quiet, refined, and cultured take on design led luxury. Its own domain without any owners corporation whatsoever, the home's expressive, architectural façade reveals ...

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Townhouse

VIC 3121


47 Bendigo St, Richmond

$950,000

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Spacious and bright in leafy Richmond address

An oasis of space and light in a lush, tree-lined setting, this stylish townhouse enjoys a sense of peace and privacy in its brilliantly connected lifestyle location. Tucked behind a secure gated entry, a delightful garden courtyard enhances its retreat-like ambience, while its two-bedroom ...

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Townhouse

VIC 3121


529 Swan St, Richmond

$1,400,000

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Character, comfort & unrivalled convenience

Rich with the character so ingrained in the Melbourne landscape, this Federation era gem celebrates the Swan Street verve, enjoys unmatched amenity, and shares in the serenity of its beloved Burnley Park setting. Arts & Crafts creativity meets Queen Anne provenance in a façade full of expression, ...

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House

VIC 3121


229 Punt Rd, Richmond

$1,800,000

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A Spectacular Conversion with Lifestyle Versatility

A standout brick warehouse conversion, this three-bedroom home blends character, scale, and contemporary comfort. With its fourth bedroom self contained studio and double garage from Strode Street, the inspiring exposed brick walls, arched timber doors and timber lined vaulted ceilings are full of ...

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House

VIC 3121


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