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

202/386 Burnley St, Richmond

$650,000

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Prime Richmond Living - Walk to Burnley Station & Minutes to the

Welcome to the ultimate city-edge lifestyle! Perfectly positioned in one of Richmond's most connected pockets, this modern 2-bedroom, 2-bathroom apartment with a secure car space offers unbeatable convenience, comfort, and investment potential. Enjoy the best of both worlds - urban buzz and ...

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VIC 3121


2 Sutton Grove, Richmond

$1,350,000

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Airy, sunlit luxe on revered Richmond Hill

Embracing the leafy seclusion and lifestyle verve only Richmond Hill can offer, this architectural revamp of a solid brick showpiece brings design substance, sunlit refinement, and cultured comfort to the lively city fringe. With statement timber panelling, swathes of rich white, and splashes of ...

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VIC 3121


60 Lyndhurst St, Richmond

$1,700,000

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Warehouse Charm with Architectural Refinement on Richmond Hill

A unique slice of local history, this evocative 2 bedroom + study 2 bathroom warehouse conversion was expertly designed by Ken Charles of Centrum Architects to create an urban hideaway of light and textural distinction. Enjoying a storied past with one chapter as a major printer and rubber goods ...

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House

VIC 3121


37 Bowen St, Richmond

$1,300,000

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Enlivened prize in Richmond's vibrant heart

Thoroughly reimagined while cherishing the charm of yesteryear, this Victorian standout offers instant comfort, single storey ease, and limitless convenience in Richmond's heart of culture and lifestyle. A whisper quiet cul de sac frames a façade brimming with character; the perfect introduction ...

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House

VIC 3121


38 Rotherwood St, Richmond

$900,000

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Triple frontage potential on Richmond Hill

On ever prestigious Richmond Hill, this timeless Victorian offers stirring scope to personalise and reside, lease for attractive returns, or capitalise on three frontages in a first class reimagining. Awaiting a design vision, a picket fence and iron lacework are charming precursors for well kept ...

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VIC 3121


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