Download your FREE reports now!

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 -6.48% over 2 years.

The median rent in Richmond for houses is $805 per week and the median rental yield is 3.22%. Stock on the market for houses/townhouses has changed -1.92% 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 79 days to sell and the median rent for a unit in Richmond is $565 per week, producing a rental yield of 5.65%.

Supply & Demand in Richmond, Yarra

1.64%

Current vacancy rate


279

Rental stock available


27,707

Population


47.32%

Rental population


1.41%

Current vacancy rate


811

Rental stock available


86,658

Population


45.73%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,100,000 $520,000
Median price change - last quarter -6.82% -6.39% -2.35%
Median price change - 1 year 0.00% -6.39% -4.59%
Median price change - 2 years -6.48% -8.34% 0.00%
  House Townhouses Units
Median weekly rent $805 $880 $565
Median yield % 3.22% 4.16% 5.65%
Median rent change - 1 year 1.25% 2.32% 7.61%
  House Units
Previous month sales 33 35
Stock on market previous month 102 144
Stock variance vs. last year -1.92% -21.31%
Average days on market 55 79

Richmond investment property listings

Showing 1 of 1 investment properties found in Richmond on realestateinvestar.com.au

203/1 Barnet Way, RICHMOND

$1,100,000

property pic
rei

3

rei

2

rei

2

Unit

VIC 3121


Navigate to more Suburbs, Regions or States