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

4 Kennedy Ave, Richmond

$1,780,000

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Spacious three bedroom townhouse

Your three-bedroom, three-bathroom, one car freehold terrace home, has soaring voids, playful shapes, and a cascade of natural light that beckons from one space to the next. Grand floorplans adapt to the rhythm of your lifestyle and offer unrivalled space in an exclusive setting. Final opportunity ...

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Townhouse

VIC 3121


8 Kennedy Ave, Richmond

$1,885,000

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Luxury three bedroom townhouse

Your three-bedroom, three-bathroom, one car freehold terrace home, has soaring voids, playful shapes, and a cascade of natural light that beckons from one space to the next. Grand floorplans adapt to the rhythm of your lifestyle and offer unrivalled space in an exclusive setting. Final opportunity ...

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Townhouse

VIC 3121


10 Kennedy Ave, Richmond

$1,885,000

property pic

Sophisticated and spacious three bedroom with city views

Your three-bedroom, three-bathroom, one car freehold terrace home, has soaring voids, playful shapes, and a cascade of natural light that beckons from one space to the next. Grand floorplans adapt to the rhythm of your lifestyle and offer unrivalled space in an exclusive setting. Final opportunity ...

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Townhouse

VIC 3121


3/4 Little Buckingham St, Richmond

$990,000

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North-Facing Living, Double Garage, Prime Richmond Position

Tucked away in a peaceful laneway, this sophisticated tri-level townhouse delivers the perfect balance of modern style, space, and low-maintenance living in one of Richmond's most sought-after pockets. Offering generous proportions, multiple living zones, and secure double garaging, it's an ...

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Townhouse

VIC 3121


46 Bell St, Richmond

$2,300,000

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Contemporary living, city views, vibrant locale

Expressions of Interest Closing Tuesday 2nd June at 3pm. Appreciate this remarkable contemporary home, designed with exceptional flair to deliver flexibility, indoor outdoor connection and a deceptively generous collection of versatile spaces across three well considered levels. Three bedrooms, ...

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House

VIC 3121


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