Richmond, VIC 3121
Richmond property market
Richmond is led by unit rentals, with 1,315 leases (down 9.7%) at $605 a week (flat) as of July 2026, renting out in about 16 days (down from 20 days last year), one of the country's most in-demand unit rental markets, with 1-bedroom and 2-bedroom about even at around 50% each.
Unit sales are next, with 625 sales (up 13.2%) at around $550k (down 4.5%), taking about 24 days to sell (up from 23 days last year), with around half being 2-bedroom. Followed by 530 house rentals at $905 a week (up 5.8%), one of the most sought-after house rental markets in the country. 337 house sales at around $1.351M.
Who lives hereA high-income, renter-majority, young-professional suburb — apartment-dominated and newcomer-heavy, with great public transport.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Richmond demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Richmond?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Richmond
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Richmond
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.2× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Richmond
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Richmond
9 schools inside Richmond, plus the closest options around it. Families can choose from 107 primary schools in Richmond and its surrounds, and 65 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Richmond · 9Order by
- 1Melbourne Girls CollegeGovernment · Secondary · Co-ed · Years 7-12 · Within suburbState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 2Yarra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 3Melbourne Indigenous Transition SchoolIndependent · Special · Co-ed · Years 7-8 · Within suburbState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 4Richmond High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Within suburbState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 5Bindjiroo Yaluk Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Within suburbState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 6Trinity Catholic SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 7Richmond Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 8Richmond West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 9Ignatius Learning CentreCatholic · Secondary · Co-ed · Years 11-12 · Within suburbState Rank—English—Maths—Students435Multilingual50%ICSEA Rank—
- Nearby · within 5 km · 141
- 10Melbourne High SchoolGovernment · Secondary · Co-ed · Years 9-12 · South Yarra · 2.6 kmState RankTop 1%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 11MacRobertson Girls High SchoolGovernment · Secondary · Co-ed · Years 9-12 · Melbourne · 2.6 kmState RankTop 1%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 12South Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Southbank · 2.6 kmState RankTop 1%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 13Camberwell Girls Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Canterbury · 2.6 kmState RankP Top 1%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 14Camberwell Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Canterbury · 2.6 kmState RankP Top 1%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 15Melbourne Girls GrammarIndependent · Combined · Co-ed · Years Prep-12 · South Yarra · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 16St Catherine's SchoolIndependent · Combined · Co-ed · Years Prep-12 · Toorak · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 17St Kevin's CollegeCatholic · Combined · Co-ed · Years Prep-12 · Toorak · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 18Melbourne Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Melbourne · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 19Xavier CollegeCatholic · Combined · Co-ed · Years Prep-12 · Kew · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 20Scotch CollegeIndependent · Combined · Co-ed · Years Prep-12 · Hawthorn · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 21Loreto Mandeville HallCatholic · Combined · Co-ed · Years Prep-12 · Toorak · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 22Methodist Ladies' CollegeIndependent · Combined · Years Prep-12 · Kew · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 23Trinity Grammar School KewIndependent · Combined · Co-ed · Years Prep-12 · Kew · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 24Victorian College Of The Arts Secondary SchoolGovernment · Secondary · Co-ed · Years 7-12 · Southbank · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 25Ruyton Girls' SchoolIndependent · Combined · Years Prep-12 · Kew · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 26Wesley CollegeIndependent · Combined · Co-ed · Years Prep-12 · Melbourne · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 27Lauriston Girls' SchoolIndependent · Combined · Co-ed · Years Prep-12 · Armadale · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 28Carey Baptist Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Kew · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 29Bialik CollegeIndependent · Combined · Co-ed · Years Prep-12 · Hawthorn · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 30Auburn High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Hawthorn East · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 31St Michael's Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · St Kilda · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 32Genazzano FCJ CollegeCatholic · Combined · Co-ed · Years Prep-12 · Kew · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 33University High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Parkville · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 34Princes Hill Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Princes Hill · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 35Northcote High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Northcote · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 36Albert Park CollegeGovernment · Secondary · Co-ed · Years 7-12 · Albert Park · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 37Alphington Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Alphington · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 38Canterbury Girls Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Canterbury · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 39Yesodei HaTorah CollegeIndependent · Combined · Co-ed · Years Prep-12 · Elwood · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 40Kew High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Kew East · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 41Caulfield Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · St Kilda East · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 42St Aloysius CollegeCatholic · Secondary · Co-ed · Years 7-12 · North Melbourne · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 43Sacre CoeurCatholic · Combined · Co-ed · Years Prep-12 · Glen Iris · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 44Korowa Anglican Girls' SchoolIndependent · Combined · Co-ed · Years Prep-12 · Glen Iris · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 45Ivanhoe Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Ivanhoe · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 46Strathcona Baptist Girls' GrammarIndependent · Combined · Co-ed · Years Prep-12 · Canterbury · 2.6 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 47Abbotsford Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Abbotsford · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 48Christ Church Grammar SchoolIndependent · Primary · Co-ed · Years Prep-6 · South Yarra · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 49Erasmus Primary SchoolIndependent · Primary · Co-ed · Years Prep-6 · Hawthorn · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 50South Yarra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · South Yarra · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 51Clifton Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clifton Hill · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 52Spensley Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clifton Hill · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 53The King David SchoolIndependent · Combined · Co-ed · Years Prep-12 · Armadale · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 54Fitzroy Community SchoolIndependent · Primary · Co-ed · Years Prep-6 · Fitzroy North · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 55Carlton North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton North · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 56Cheder Levi Yitzchok IncIndependent · Combined · Co-ed · Years Prep-10 · St Kilda · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 57Malvern Central SchoolGovernment · Primary · Co-ed · Years Prep-6 · Malvern · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 58St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Malvern · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 59St Anthony's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Alphington · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 60Albert Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Albert Park · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 61Kew East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kew East · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 62Alphington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Alphington · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 63Camberwell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Camberwell · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 64Westgarth Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Northcote · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 65Fairfield Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fairfield · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 66Merri Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy North · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 67North Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · North Melbourne · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 68Brunswick South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick East · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 69Our Lady Help of Christians SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick East · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 70Caulfield Junior CollegeGovernment · Primary · Co-ed · Years Prep-6 · Caulfield North · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 71Camberwell South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Iris · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 72St Cecilia's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glen Iris · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 73Mary Immaculate SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ivanhoe · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 74Brunswick East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick East · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 75Sholem Aleichem CollegeIndependent · Primary · Co-ed · Years Prep-6 · Elsternwick · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 76St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Elsternwick · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 77Wales Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 2.6 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students435Multilingual50%ICSEA Rank50th
- 78Hawthorn West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 79Centre for Higher Education StudiesGovernment · Secondary · Co-ed · Years 10-12 · South Yarra · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 80KamarukaIndependent · Special · Co-ed · Years 2-10 · South Yarra · 2.6 kmState Rank—English—Maths—Students435Multilingual1%ICSEA Rank50th
- 81Rossbourne SchoolIndependent · Special · Co-ed · Years 7-12 · Hawthorn · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 82Collingwood English Language SchoolGovernment · Special · Co-ed · Years Prep-12 · Collingwood · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 83Sophia Mundi Steiner SchoolIndependent · Combined · Co-ed · Years Prep-12 · Abbotsford · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 84Collingwood CollegeGovernment · Combined · Co-ed · Years Prep-12 · Collingwood · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 85Toorak Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Toorak · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 86Glenferrie Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 87St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Hawthorn · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 88St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Collingwood · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 89Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Fitzroy · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 90Fitzroy Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 91Academy of Mary ImmaculateCatholic · Secondary · Co-ed · Years 7-12 · Fitzroy · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 92Ozford CollegeIndependent · Secondary · Co-ed · Years 10-12 · Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 93Kew Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kew · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 94Swinburne Senior Secondary CollegeGovernment · Secondary · Co-ed · Years 11-12 · Hawthorn · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 95Hester Hornbrook AcademyIndependent · Special · Co-ed · Years 10-12 · Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 96Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kew · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 97Prahran High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Windsor · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 98Giant Steps MelbourneIndependent · Primary · Co-ed · Years U · Kew · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 99Our Lady of Lourdes SchoolCatholic · Primary · Co-ed · Years Prep-6 · Prahran · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 100Andale SchoolIndependent · Special · Co-ed · Years U · Kew · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 101Youth2Industry CollegeIndependent · Secondary · Co-ed · Years 11-12 · South Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 102Victorian College For The DeafGovernment · Special · Co-ed · Years U · Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 103Armadale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Armadale · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 104Carlton Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 105Windsor Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Windsor · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 106South Melbourne Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Albert Park · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 107St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · St Kilda East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 108Carlton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 109St Mary's College MelbourneCatholic · Secondary · Co-ed · Years 7-12 · St Kilda East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 110Auburn South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 111Auburn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 112Fitzroy High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Fitzroy North · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 113Preshil, The Margaret Lyttle Memorial SchoolIndependent · Combined · Co-ed · Years Prep-12 · Kew · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 114Alia CollegeIndependent · Secondary · Co-ed · Years 7-12 · Hawthorn East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 115Fitzroy North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy North · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 116Galilee Regional Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · South Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 117St Kilda Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · St Kilda · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 118River Nile SchoolIndependent · Special · Co-ed · Years 11-12 · North Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 119Saints CollegeCatholic · Special · Co-ed · Years 7-12 · North Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 120Simonds Catholic CollegeCatholic · Secondary · Co-ed · Years 7-12 · West Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 121Montague SchoolGovernment · Special · Co-ed · Years U · South Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 122De La Salle CollegeCatholic · Combined · Co-ed · Years 6-12 · Malvern · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 123Middle Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Middle Park · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 124Deutsche Schule MelbourneIndependent · Primary · Co-ed · Years Prep-6 · Fitzroy North · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 125Yeshivah CollegeIndependent · Combined · Co-ed · Years Prep-12 · St Kilda East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 126St Anne's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kew East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 127SEDA College (Victoria)Independent · Secondary · Co-ed · Years 11-12 · Camberwell · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 128Beth Rivkah Ladies CollegeIndependent · Combined · Co-ed · Years Prep-12 · St Kilda East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 129St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Northcote · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 130Deepdene Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Deepdene · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 131St Kilda Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · St Kilda · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 132Docklands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Docklands · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 133Princes Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton North · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 134Our Lady of Good Counsel SchoolCatholic · Primary · Co-ed · Years Prep-6 · Deepdene · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 135Port Phillip Specialist SchoolGovernment · Special · Co-ed · Years U · Port Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 136Northcote Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Northcote · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 137Santa Maria CollegeCatholic · Secondary · Co-ed · Years 7-12 · Northcote · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 138Ripponlea Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · St Kilda East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 139St Roch's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glen Iris · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 140St Michael's Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · North Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 141Camberwell High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Canterbury · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 142Port Melbourne Secondary CollegeGovernment · Secondary · Co-ed · Years 7-10 · Port Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 143Port Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Port Melbourne · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 144Malvern Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Malvern East · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 145Oakwood SchoolGovernment · Secondary · Co-ed · Years 7-12 · Caulfield North · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 146Croxton SchoolGovernment · Special · Co-ed · Years U · Northcote · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 147Sydney Road Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Brunswick · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 148Elwood Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Elwood · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 149St Bede's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Balwyn North · 2.6 kmState Rank—English—Maths—Students435Multilingual50%ICSEA Rank50th
- 150Victorian School Of LanguagesGovernment · Combined · Collingwood · 2.6 kmState Rank—English—Maths—Students—Multilingual—ICSEA Rank—
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Richmond median house price & rent
Headline price, rent, yield and time on market for Richmond — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Richmond property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Richmond
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Richmond against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Richmond in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 1.1 | ▼ -0.8 | 13 | 138 | 11.5 | |
| Balanced | 2.7 | ▲ +2.1 | 31 | 138 | 11.5 | |
| Slightly loose | 3.4 | ▼ -0.5 | 39 | 138 | 11.5 | |
| Loose | 4.0 | ▲ +3.0 | 46 | 138 | 11.5 | |
| Loose | 5.3 | ▲ +4.3 | 61 | 138 | 11.5 | |
| Loose | 5.5 | ▲ +3.0 | 63 | 138 | 11.5 | |
| Loose | 5.6 | ▲ +4.2 | 64 | 138 | 11.5 | |
| Loose | 6.6 | ▲ +4.1 | 76 | 138 | 11.5 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Tight | 0.4 | ▼ -0.6 | 10 | 295 | 24.6 | |
| Tight | 0.5 | ▼ -2.1 | 12 | 295 | 24.6 | |
| National typical | 0.7 | ▼ -0.2 | 17 | 295 | 24.6 | |
| Loose | 1.3 | ▲ +0.5 | 32 | 295 | 24.6 | |
| Loose | 1.5 | ▲ +0.5 | 37 | 295 | 24.6 | |
| Oversupply | 2.0 | ▲ +0.7 | 49 | 295 | 24.6 | |
| Oversupply | 2.1 | ▲ +0.1 | 52 | 295 | 24.6 | |
| Oversupply | 2.5 | ▲ +1.5 | 61 | 295 | 24.6 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Richmond — Units & Houses, all bedrooms
Richmond median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Richmond rose from $826k (Jul 2021) to $943k (Jun 2026) — +14.2% growth over five years — peaking at $1.30M between Sep 2021 and Aug 2022. Median house rent went from $470/wk to $557/wk (+18.5%) over the same period. For units, the median sale price fell from $439k to $416k (−5.4%), with rent up from $209/wk to $469/wk (+124.4%) over the same period.
Suburbs near Richmond: prices compared
The nearest suburbs to Richmond, ranked by distance — each lined up against Richmond on the same measures, so the differences jump out at a glance.
Suburbs like Richmond
Suburbs anywhere in VIC that behave like Richmond — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Richmond vs Brunswick East: the closest sales-market match trades at a median of $321k against Richmond's $942k — about 66% lower, with homes selling in 18 days versus 19 days here.
Comparable sales markets to Richmond: Brunswick East market trends, Carnegie median house price, Essendon median house price, Kensington (VIC 3031) and North Melbourne property growth.
Richmond's closest rental-market twins: Brunswick East (VIC 3057), Carnegie property market, Kensington, VIC property market, Essendon median house price and North Melbourne house prices. Each link opens that suburb's full market report.
Frequently asked · Richmond
26 data-driven answers about Richmond's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Richmond?
#The median house price in Richmond, VIC 3121 is $942k as of June 2026, based on 132 sales over the past 12 months. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Richmond?
#The median unit price in Richmond, VIC 3121 is $942k as of June 2026, based on 132 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Richmond?
#The median weekly house rent in Richmond is $612 as of June 2026, drawn from 321 leases over the past 12 months. Units rent for around $612 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Richmond?
#A 3 bedroom house in Richmond rents for a median $612 per week as of June 2026, drawn from 321 leases over the past 12 months. Across other house sizes: 2-bedroom $612/week, 4-bedroom $612/week. Unit rents: 1-bedroom $612/week, 2-bedroom $612/week, 3-bedroom $612/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Richmond?
#Gross rental yield in Richmond is 3.65% for houses and 3.65% for units as of June 2026, compared with the VIC unit median of 4.05%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Richmond?
#As of June 2026, Richmond medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $942k | $942k | $942k | $942k |
| Units | $942k | $942k | $942k | — | $942k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Richmond median?
#At the median Richmond house ($942k purchase, $612/week rent), weekly mortgage repayments sit at roughly $1000 — about $388 more per week than renting. That gap is the ownership premium. For the median unit ($942k purchase, $612/week rent), repayments run about $1000 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Richmond's property market trends?
#Richmond's property market trends to June 2026: house prices rose +0.5% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes sell in a median 19 days; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Richmond market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Richmond as an investment?
#As of June 2026 in Richmond, house prices rose +0.5% over the year, gross rental yield is 3.65% against a VIC median of 2.53%, houses take a median 19 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Richmond?
#Houses in Richmond sell in a median 19 days on market as of June 2026, with units clearing slightly similarly at 19 days. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Richmond a tight or loose property market right now?
#Richmond's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.
Have property prices in Richmond gone up or down?
#House prices in Richmond moved +0.5% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Richmond?
#Richmond's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 295 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Richmond in its property market cycle?
#Richmond's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with flat year-on-year days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Richmond compare to other VIC suburbs?
#Richmond's median house price ($942k) is 36% above the VIC median ($692k) as of June 2026. On selling speed, houses clear in 19 days vs 19 days state median. On gross yield, Richmond sits at 3.65% vs 2.53% state median.
How does Richmond compare to neighbouring suburbs?
#Richmond's most-similar nearby market is Abbotsford (1.8 km away) with a median house price of $741k — about 21% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Richmond?
#The most-transacted segment in Richmond over the 12 months to June 2026 is 2 bed houses with 138 sales. 3 bed houses come second at 138 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Richmond last year?
#Richmond recorded 138 house sales and 138 unit sales over the 12 months to June 2026 — a combined 276 transactions. On the rental side, 295 houses and 295 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Richmond in?
#Richmond is in postcode 3121, in the Inner Melbourne region of VIC. Addresses there are written as Richmond, VIC 3121.
What is the population of Richmond?
#Richmond, VIC 3121 is home to 15,119 residents (ABS Census 2021). The median resident age is 20, and the average household holds 1.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Richmond?
#The median household in Richmond earns $2k per week — roughly $87k a year (ABS Census 2021). Median personal income runs $775/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Richmond?
#The unemployment rate in Richmond is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Richmond?
#Richmond is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Richmond?
#Richmond has 150 schools within reach, 9 of them inside the suburb itself — including Ignatius Learning Centre, Melbourne Indigenous Transition School, Richmond High School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Richmond a good place to live?
#Richmond, VIC 3121 has a population of 15,119, a median age of 20, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Richmond market data last updated?
#This Richmond market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.