24,100 addresses across 446 microburbs. Unit-dominated (16,116 units, 7,893 freestanding houses). Block-level price data from $422K to $6.9M.
The $1.2M median tells you very little. Here is what each price band looks like, based on block-level data across 276 microburbs with price data.
Based on 181 listing descriptions analysed by Microburbs.
Prices vary by over $6.5M depending on which block you buy. The suburb splits into clear micro-markets.
Median house price by street, top 8 streets by sales volume.
| Street | Median | Total Sales | % Renters | Turnover |
|---|---|---|---|---|
| Burnley Street | $425K | 65 | 41% | 5.0 yrs |
| Mary Street | $420K | 57 | 40% | 5.5 yrs |
| Howard Street | $460K | 53 | 35% | 11.4 yrs |
| Somerset Street | $369K | 50 | 61% | 10.8 yrs |
| Westbank Terrace | $480K | 39 | 56% | 10.6 yrs |
| Baker Street | $310K | 34 | 52% | 11.7 yrs |
| Buckingham Street | $452K | 31 | 28% | 8.5 yrs |
| Hull Street | $540K | 31 | 35% | 14.9 yrs |
More streets available in the full Richmond report.
| Address | Sale Price | AVM Value | vs AVM | Bed/Bath/Gar | Land | Date |
|---|---|---|---|---|---|---|
| 11 Moorhouse Street | $230,000 | $2,270,000 | -90% | 3/2/2 | 173sqm | 2023-06 |
| 12 Gardner Street | $530,000 | $1,220,000 | -57% | 3/1/-- | -- | 2023-06 |
| 23 York Street | $475,000 | $1,200,000 | -60% | 2/2/1 | -- | 2023-06 |
| Unit 1, 71 Abinger Street | $442,000 | $400,000 | +10% | 1/1/1 | 4425sqm | 2023-06 |
| Unit 915, 14 David Street | $899,000 | -- | 3/2/1 | 5289sqm | 2023-06 | |
| Unit 12, 31 York Street | $880,000 | $695,000 | +27% | 2/1/1 | 2782sqm | 2023-06 |
Blurred valuations are in the full report. More sales in the full Richmond report.
| Address | Guide | AVM Value | Bed/Bath | Type |
|---|---|---|---|---|
| 8-20 Glass Street | $490,000 | $1.2M | 2/2 | House |
| 41 Butler Street | $700,000 | -- | 2/2 | House |
| 10 Newlands Street | $810,000 | $1.6M | 4/3 | House |
| 38 Little Butler Street | $500,000 | $960K | 3/2 | House |
| 45 Garfield Street | $380,500 | $1.1M | --/-- | House |
5 properties listed. Blurred valuations are in the full report. See all Richmond listings.
Rent data across 281 microburbs with rental listings.
Rent varies from $388/wk to $3,635/wk across different blocks. Gross yield is approximately 4.8%. See rental yield by block in the full report.
Based on 181 listing descriptions analysed. Shows how often each feature appears.
Based on 166 listings: Fully renovated (61%), Partially renovated (31%), Needs renovation (8%).
Feature data from listing descriptions. Individual property features in the full Richmond report.
| Metric | Richmond |
|---|---|
| Total addresses | 24,100 |
| Freestanding houses | 7,893 |
| Units | 16,116 |
| Median house | $1.2M |
| Median unit | $660K |
| Median rent (house) | $1K/wk |
| Microburbs mapped | 446 |
| Metric | Richmond |
|---|---|
| Cheapest block median | $422K |
| Most expensive block | $6.9M |
| SUA | Melbourne |
| State | Victoria |
| Gross yield (approx) | 4.8% |
| Suburb | SUA | Median House | Addresses | |
|---|---|---|---|---|
| Richmond | Melbourne | $1.2M | 24,100 | |
| South Yarra | Melbourne | $2.2M | 28,551 | 82% more |
| Melbourne | Melbourne | $866K | 15,784 | 27% less |
| Fitzroy | Melbourne | $1.8M | 10,123 | 50% more |
| Collingwood | Melbourne | $1.2M | 9,147 | 3% more |
| Toorak | Melbourne | $3.8M | 9,076 | 221% more |
| East Melbourne | Melbourne | $3.2M | 8,976 | 167% more |
Every topic below has its own block-level analysis for Richmond.
