Median priceⓘLast 12 months
302kk
Mount Richmond, VIC 3305
Property data updated ·42 residents
Last 12 months snapshot
1 sale · 0 leases · Small sample · Refreshed July 2026
Inside Mount Richmond, VIC 3305's recent activity
Activity in Mount Richmond, VIC 3305 was very light over the last 12 months: one house sold.
The most recent Census still shows who lives in Mount Richmond; that profile sits below.
Mixed-agesMany own outright
Who lives hereA largely mortgage-free, mixed-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Census · ABS 2021
Mount Richmond demographics & population
Population
42
Median age
45yrs
Avg household
2.7people
Male · Female
60% · 40%
Owner-occupied
100%
Renting
50%
Lone person
50%
Couples, no kids
50%
Born overseas
50%
Year 12+ⓘ
50%
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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Census · ABS 2021
Who lives in Mount Richmond?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Age & sex23 residentsMaleFemale
Share of all residents by 5-year band · hover a band for the count + split
Life stage
50%
50%
50%
50%
50%
50%
Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%
Household composition
50%
50%
50%
50%
50%
Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%
1.8 people / household0.5 persons / bedroom50% are 5+ person
Household sizepersons per dwelling
50%1
50%2
50%3
50%4
50%5
50%6+
Cultural make-upshare of residents · diversity = odds two differ
Born overseasⓘResidents born outside Australia, as a share of those who stated a birthplace.50%
Other language at homeⓘResidents who mainly speak a language other than English at home — counts the language used, not how well English is spoken.50%
Limited EnglishⓘResidents who speak English “not well” or “not at all”. A language-barrier measure, not bilingualism — many who speak another language at home still speak English well.50%
Both parents overseasⓘResidents whose mother and father were both born overseas — the Australian-born-to-migrants “second generation”, distinct from being born overseas yourself.50%
Australian citizensⓘResidents who are Australian citizens — both Australian-born and people who have since naturalised.50%
Birthplace diversity21%
Chance two random residents were born in different countries
Language diversity8%
Chance two random residents speak different languages at home
Religious diversity49%
Chance two random residents follow different religions
Where residents were borntop birthplaces
Afghanistan50%
Australia50%
Bangladesh50%
Bosnia & Herzegovina50%
Brazil50%
Cambodia50%
Canada50%
Chile50%
Languages at hometop languages
English only50%
Afrikaans50%
Arabic50%
Australian Indigenous50%
Cantonese50%
Mandarin50%
Other Chinese50%
Croatian50%
Ancestry% reporting · multi-response
Australian50%
Aboriginal/Torres Strait Islander50%
Chinese50%
Croatian50%
Dutch50%
English50%
Faith & belieftap Christianity
No religion50%
▸Christianity50%
Islam50%
Buddhism50%
Hinduism50%
Judaism50%
Other religions50%
Family originsparents’ birthplace
50%
50%
50%
Both parents overseas50%One parent overseas50%Both parents in Australia50%
A strongly multicultural community with deep migrant heritage.
When migrants arrivedshare of overseas-born
Arrival timeline not available yet.
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.
Census · ABS 2021
Housing & affordability in Mount Richmond
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Affordability at a glance
LowMedianHighPercentile
Median weekly rentⓘMiddle weekly rent paid by renting households.—
Median monthly mortgageⓘMiddle monthly mortgage repayment among households with a mortgage.—
Rent stress (rent ÷ income)ⓘMedian weekly rent as a share of median weekly household income — a rough rental-affordability gauge. Higher = rent takes a bigger bite.—
Mortgage stress (repay ÷ income)ⓘMedian mortgage repayment (converted to weekly) as a share of median weekly household income. Higher = repayments take a bigger bite.—
High mortgage (≥$3k/mo)ⓘMortgaged households repaying $3,000 or more per month.—
Social housingⓘHouseholds renting from a state housing authority or community housing provider.—
Unoccupied on census nightⓘDwellings recorded as unoccupied on Census night — holiday homes, between-tenant rentals, etc.—
Large dwellings (4+ bed)ⓘOccupied dwellings with 4 or more bedrooms.—
This suburb Typical range (middle 50%) Median suburb
Bedrooms per dwellingshare of dwellings
50%0
50%1
50%2
50%3
50%4
50%5
50%6+
Who owns vs rentsoccupied dwellings
50%
50%
50%
50%
Owned outright50%Mortgage50%Renting50%Other50%
What’s built heredwelling types
50%
50%
50%
50%
House50%Townhouse50%Apartment50%Other50%
50% separate houses50% apartments50% high-rise
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.
Census · ABS 2021
Income & employment in Mount Richmond
Incomes, employment, and the occupation mix of the people who live here.
Income & work at a glance
LowMedianHighPercentile
Median personal incomeⓘMiddle weekly income of individuals aged 15+.—
Median family incomeⓘMiddle weekly income of families.—
Managers & professionalsⓘEmployed residents who work as managers or professionals.—
High earners (≥$2k/wk)ⓘResidents earning $2,000 or more per week.—
This suburb Typical range (middle 50%) Median suburb
Occupations
LowMedianHighPercentile
Managers & professionalsⓘEmployed residents who work as managers or professionals.—
Clerical & adminⓘEmployed residents in clerical and administrative jobs.—
Community & personal serviceⓘEmployed residents in community and personal-service jobs — care, hospitality, security and similar.—
Sales workersⓘEmployed residents in sales jobs.—
Technicians, trades & labourersⓘEmployed residents in technical/trade, machinery-operating and labouring jobs.—
Household incomeheight = share of households · weekly
Personal incomeheight = share of residents 15+ · weekly
A typical household pulls in about 3.2× the typical individual — a multi-earner area.
Labour forceemployment status · residents 15+
50%
50%
50%
50%
50%
Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%
LowMedianHighPercentile
Full-time workersⓘResidents in the labour force who are employed full-time.—
Part-time workersⓘEmployed residents working part-time, of all employed.—
Unemployment rateⓘShare of the labour force (people working or actively looking) who are unemployed — not a share of all residents.—
Not in labour forceⓘResidents 15+ neither working nor looking for work — retirees, students, carers.—
Labour-force participationⓘResidents 15+ who are in the labour force — working or looking for work.—
This suburb Typical range (middle 50%) Median suburb
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.
Census · ABS 2021
Getting around Mount Richmond
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Transport at a glance
LowMedianHighPercentile
Public transport to workⓘCommuters who travelled to work by train, bus, ferry or tram, of those who travelled.—
Walked or cycled to workⓘCommuters who walked or cycled to work, of those who travelled.—
Worked from homeⓘEmployed residents who worked from home in the Census week — elevated by COVID in 2021.—
No motor vehicleⓘHouseholds with no motor vehicle.—
Vehicles per dwellingⓘAverage number of motor vehicles per household.—
This suburb Typical range (middle 50%) Median suburb
Journey to workamong commuters · top modes
Car (driver)50%
Car (passenger)50%
Train50%
Bus50%
Tram/light rail50%
Ferry50%
Walked50%
Vehicles per dwellingshare of households
50%0
50%1
50%2
50%3
50%4+
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.
Census · ABS 2021
Turnover
How settled or transient the community is — and where newcomers came from.
Settledness at a glance
LowMedianHighPercentile
Settled 5+ yearsⓘResidents living at the same address as five years ago — how settled the community is.—
Moved in past yearⓘResidents living at a different address one year earlier.—
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.—
This suburb Typical range (middle 50%) Median suburb
Where residents lived 5 years agoof those who stated
50%
50%
50%
50%
Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%
Residential paceshare of residents
Moved in the past yearⓘResidents living at a different address one year earlier.50%
Moved in the past 5 yearsⓘResidents not living at the same address as five years ago.50%
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.50%
Property market
Market snapshot
Mount Richmond median house price & rent
Headline price, rent, yield and time on market for Mount Richmond — choose a property type and size below.
Active segment
Houses
Units
Days on marketⓘLast 12 months
249
SoldⓘLast 12 months
1
Months of supplyⓘLast 12 months
—
Median rentⓘLast 12 months
—
Days to leaseⓘLast 12 months
—
LeasedⓘLast 12 months
—
Gross yieldⓘLast 12 months
—
Data confidenceSales sample0Too thinLease sample0Too thinThin samples can swing month-to-month — treat single-figure deltas with care.
Segment breakdown
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.
Demand percentile 0–100 · last 12 months12-mo change
Sales
Rental
Demand
Segment
Sold
Price
DOM
Leased
Rent
DOM
Yield
SalesRent
01
Houses · 3 bed0 sales · 0 leases
Sold1
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
02
Houses · 2 bed0 sales · 0 leases
Sold—
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
03
Houses · 4 bed0 sales · 0 leases
Sold—
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
04
Units · 1 bed0 sales · 0 leases
Sold—
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
05
Units · 2 bed0 sales · 0 leases
Sold—
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
06
Units · 3 bed0 sales · 0 leases
Sold—
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
All houses
Sold1
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
All units
Sold—
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
Where each segment ranks
Mount Richmond property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Metric
Ranked against
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
0/2above median
02550 · MEDIAN75100
Percentile vs VIC
Value
Units
0/4above median
02550 · MEDIAN75100
Percentile vs VIC
Value
The buy-versus-rent equation
Buying vs renting in Mount 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.
Not enough overlapping sales and rental activity in Mount Richmond to compute an ownership premium yet.
Market data
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.
Side
View
Property
Bedrooms
Radius
Compared against
Sales market velocity
No nearby suburbs · 10km · Total house · sales
risingfalling
DOM change YoYis demand rising or falling?
median
median
Recoveryweak but rising
Boomstrong and rising
Troughweak and falling
Peakstrong but easing
weakSales market velocityhow strong sales demand isstrong
Neighbouring suburbs · coloured by market phaseHover a point for its figures
Market data
Mount Richmond against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Mount Richmond in blue, peers in colour.
Pair
View
Property
Bedrooms
Radius
How fast — and is it getting faster?
No peer suburbs · 10km · Total house
fasterslower
DOM change YoYvs 12 months ago
median
median
Recoveringquiet but accelerating
Boomingbusy and accelerating
Stalledquiet and slowing further
Coolingbusy but slowing
Mount Richmond · this suburb
Demand index
—vs Australia
Days on market
249 days—
Median price
$302k▲ +35.0% YoY
Sold (last year)
1▲ +162.0% YoY
Gross yield
6.00%
slowDays on marketmedian days to sellfast
This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures
How much is available right now?
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.
View
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. |
|---|
median
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. |
|---|
median
Severe
Very Tight
Tight
Balanced
Loose
Very Loose
Saturated
Under-suppliedOver-supplied
Market data
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.
Property
Mount Richmond — Units & Houses, all bedrooms
Mar 2026 – Jun 2026 · each point = a 12-month window
0%25%50%75%100%
Sales · buyer transactions
Leases · tenant transactions
Five-year arc
Mount 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.
PropertyBedrooms
Median price (trailing year)
Jun 2026
$301k-6.1%
5y median $321kvs last year $321k
Total sales (trailing year)
Jun 2026
1+0.0%
5y median 1vs last year 1
Days on market (trailing year)
Jun 2026
169 days-16
5y median 199 daysvs last year 185 days
Median rent
No data
Total leases
No data
Days on market (rental)
No data
Gross yield (trailing year)
Mar 2026
3.39%+0.30 pt
5y median 3.24%vs last year 3.09%
Months of supply
Jun 2026
0.0 monthsNaN%
5y median 0.0 monthsvs last year 0.0 months
Months of supply (rental)
No data
Nearby markets
Suburbs near Mount Richmond: prices compared
The nearest suburbs to Mount Richmond, ranked by distance — each lined up against Mount Richmond on the same measures, so the differences jump out at a glance.
Market
Property
Bedrooms
Radius
Colour by
No markets within 5km · expanded to 10km
This marketMount RichmondVIC 3305 · Houses · Total
Price$302k
DOM249 days
Sold1
1 market within 10kmLast 12 months
Houses · TotalSales market
Stat colourHow each suburb's stat compares to Mount Richmond
Much lowerLowerSimilarHigherMuch higher
Market data
Frequently asked · Mount Richmond
13 data-driven answers about Mount 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 Mount Richmond?
#The median house price in Mount Richmond, VIC 3305 is $302k as of June 2026. 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.
How much is a 3 bedroom house in Mount Richmond?
#As of June 2026, Mount Richmond medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $302k | — | $302k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseHow quickly do houses sell in Mount Richmond?
#Houses in Mount Richmond sell in a median 249 days on market as of June 2026. Faster clearance typically coincides with stronger buyer demand and lower supply.
How it compares
Vs state, vs nearby, vs popularHow does Mount Richmond compare to other VIC suburbs?
#Mount Richmond's median house price ($302k) is 33% below the VIC median ($452k) as of June 2026. On selling speed, houses clear in 249 days vs 20 days state median.
What's the most popular property type in Mount Richmond?
#The most-transacted segment in Mount Richmond over the 12 months to June 2026 is 3 bed houses with 1 sale. 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 Mount Richmond last year?
#Mount Richmond recorded 1 house sale and 0 unit sales over the 12 months to June 2026 — a combined 1 transaction. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Mount Richmond in?
#Mount Richmond is in postcode 3305, in the South West Coast region of VIC. Addresses there are written as Mount Richmond, VIC 3305.
What is the population of Mount Richmond?
#Mount Richmond, VIC 3305 is home to 23 residents (ABS Census 2021). The median resident age is 39, and the average household holds 1.8 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Mount Richmond?
#The median household in Mount Richmond earns $1k per week — roughly $61k a year (ABS Census 2021). Median personal income runs $370/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Mount Richmond?
#The unemployment rate in Mount Richmond is 50.0% (ABS Census 2021). 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 Mount Richmond?
#Mount 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.
Is Mount Richmond a good place to live?
#Mount Richmond, VIC 3305 has a population of 23, a median age of 39, a median household income around $1k/week, 50% of households renting (ABS Census 2021). 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 Mount Richmond market data last updated?
#This Mount 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.