Microburbs
Richmond, VIC, Railway bridge and Victorian-era building with turret

Railway bridge and Victorian-era building with turret

jfp93 · CC BY-SA 2.0

The quick read on

Richmond

VIC 3121 · Yarra

What homes cost, how rents have moved, and a feel for the people who call it home.

Median house
$1,340,000

latest suburb median

Median unit
$555,000

latest suburb median

Population
28,587

ABS 2021

Postcode
3121

Richmond, Victoria

Property market insights for Richmond (Vic.)

Median sale price and rental income of properties in Richmond (Vic.) VIC

Median price trend for houses

Based on 311 sales in the preceding 12 months

$1,340,000

Down 1.8% over 12 months

$1.5m$1.4m$1.3m20212023202420252026
1 bed
$915k
2 bed
$1.2m
3 bed
$1.57m
4 bed
$1.87m
5+ bed
$3.72m

Median rent trend for houses

Based on 429 rental listings in the preceding 12 months

$900 per week

Up 12.5% over 12 months

$900$800$700$60020212023202420252026

Market data updated October 2026.

The median house price in Richmond (Vic.), VIC is currently $1,340,000, based on the latest 12 months of sales. Richmond (Vic.) has a 12-month growth rate of -1.8% for houses and -3.5% for units.

One-bedroom houses have a median sale price of $915,000, Two-bedroom houses have a median sale price of $1,200,000, Three-bedroom houses have a median sale price of $1,570,000, Four-bedroom houses have a median sale price of $1,870,000, Larger houses have a median sale price of $3,720,000 in Richmond (Vic.).

If you're looking to lease, the median rent for houses in Richmond (Vic.) is $900 per week. The median house rent has increased 12.5% over the last 12 months.

The median price of apartments and units for sale in Richmond (Vic.) is $555,000, which has decreased 3.5% since the same time last year. One-bedroom apartments and units have a median sale price of $404,000, Two-bedroom apartments and units have a median sale price of $682,000, Three-bedroom apartments and units have a median sale price of $1,200,000 in Richmond (Vic.). The median rent for units and apartments in Richmond (Vic.) is $600 per week and has remained unchanged over the last 12 months.

Crime and safety

Is Richmond safe?

The overall rate for Richmond is 16,116 offences per 100,000 residents — 303% above the Greater Melbourne benchmark.

That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Richmond.

Overall crime rate

16,116

offences per 100,000 residents

303% aboveGreater Melbourne

RichmondGreater Melbourne: 4,001

Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.

The people behind the postcode

Who lives in Richmond?

Richmond VIC 3121 is in Victoria, within Greater Melbourne.

28,587 people call Richmond home, with an average of 2 people per household and a median household income of $2,245 a week.

Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.

Population
28,587
Median age
34 years
Median mortgage
$2,292 / month
2021 household rent
$441 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark

Age profile

Share of residents in each age band.

Under 159.6%Below
15–3442.0%Above
35–5427.8%In line
55–7415.8%Below
75 and over4.8%Below

Homes

Share of occupied private dwellings.

Separate houses15.6%Below
Townhouses30.7%Above
Apartments53.0%Above

Ownership

Share of homes with a stated ownership or rental status.

Owned outright19.2%Below
Paying a mortgage24.8%Below
Renting56.0%Above

Cars at home

Vehicles available to occupied households.

No car19.5%Above
One car54.4%Above
Two cars21.0%Below
Three or more5.0%Below

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home45.9%Above
Drove to work24.3%Below
Train, tram or bus6.8%Above
Walked or cycled9.1%Above

What stands out in Richmond

45.9% of workers in Richmond worked from home on Census day — noticeably more common than across Greater Melbourne.

4.3% of Richmond residents were born in Vietnam, about twice the rate across Greater Melbourne.

53.8% of people in Richmond described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Richmond

Open any question for a plain-English reading of the public 2021 Census for Richmond VIC 3121.

Is Richmond family-friendly?Age, family structure and household size describe the community families would be joining.

9.6% of Richmond's residents were children under 15 in the 2021 Census. That is about half the Greater Melbourne rate.

6,662 family households lived in Richmond; 28.8% were couple families and 13.0% were one-parent families.

25.5% of local families included children under 15. That is well below the Greater Melbourne average.

These are suburb-wide household figures, not school or childcare ratings.

What is the age profile of Richmond?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Richmond had 28,587 residents at the 2021 Census.

47.9% of residents were aged 25 to 44.

20.6% were 55 or older. That is somewhat below the Greater Melbourne average.

Age shares use the suburb’s total Census population.

What kind of homes are in Richmond?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 15.6% of occupied private dwellings in Richmond.

Townhouses and other attached homes represented 30.7% of occupied private dwellings.

Flats and apartments accounted for 53.0% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

Do people own or rent in Richmond?Tenure shows how many households own outright, have a mortgage or rent.

19.2% of households with a stated tenure owned their home outright. That is well below the Greater Melbourne average.

24.8% were buying their home with a mortgage.

56.0% rented their home. That is well above the Greater Melbourne average.

Tenure shares include households that stated one of these three arrangements.

How large are households in Richmond?Household-size data shows the mix behind the suburb-wide average.

The average household in Richmond had 2.0 people.

One-person households made up 38.7% of occupied homes. That is well above the Greater Melbourne average.

Two-person households represented 37.2%, while 10.4% had four or more usual residents.

Household size counts usual residents in occupied homes.

How do people get to work in Richmond?Census-day travel shows the balance between home, road, public transport and active travel.

45.9% of workers worked from home on Census day. That is well above the Greater Melbourne average.

24.3% drove a car as their only travel method. That is about half the Greater Melbourne rate.

6.8% used only a train, tram or bus, while 9.1% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

How many cars do households have in Richmond?Vehicle availability helps describe the routines local households can support.

19.5% of occupied households had no motor vehicle available. That is about twice the Greater Melbourne rate.

One-car households formed 54.4% of the total.

26.1% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

Who's moving to Richmond, and who stays?Address history shows how settled or recently mobile residents were at the Census date.

41.8% were at the same address five years earlier, while 58.2% reported a different address.

30.4% of residents were born outside Australia. That is somewhat below the Greater Melbourne average.

Mobility figures cover residents who answered the relevant Census question.

What languages are spoken in Richmond?Language at home gives a direct view of the community’s everyday linguistic mix.

72.1% of residents used only English at home.

23.0% used a language other than English at home.

2.3% spoke Mandarin at home, 1.3% spoke Cantonese and 0.4% spoke Hindi.

Home language is separate from English proficiency.

Where were Richmond residents born?Birthplace adds another layer to the local story, separate from ancestry and language.

30.4% of Richmond's population was born outside Australia, while roughly 69.6% was born in Australia.

1.7% of residents were born in China.

1.1% were born in India, while Australian citizenship across the whole suburb stood at 82.5%.

Birthplace, citizenship and ancestry describe different parts of identity.

What ancestries shape Richmond?Ancestry responses show how residents describe family and cultural background.

English ancestry accounted for 32.7% of ancestry responses in Richmond.

Australian ancestry made up 24.9% of responses.

Chinese ancestry represented 7.3% of responses.

People may nominate more than one ancestry, so these are shares of responses.

What work do people do in Richmond?Occupation describes a person’s role; industry describes the sector employing them.

43.1% of employed residents worked in professional occupations. That is well above the Greater Melbourne average.

Managers accounted for 18.8% of employed residents, while clerical and administrative workers made up 10.7%.

Health care and social assistance employed 13.0% of workers, and education and training employed 8.2%.

Occupation and industry figures describe employed residents of the suburb.

How active is the workforce in Richmond?Participation, employment pattern and unemployment describe the resident labour force.

The labour-force participation rate was 74.8%, compared with 64.1% across Greater Melbourne.

51.4% of residents aged 15 and over worked full time, while 17.2% worked part time.

Unemployment was 3.5%, compared with 5.3% across Greater Melbourne.

Labour-force figures come from the 2021 Census.

What does the health profile of Richmond show?Selected long-term health conditions help describe community service needs.

63.0% reported no selected long-term health condition.

10.5% reported a long-term mental health condition, including depression or anxiety.

8.9% reported asthma, 5.1% arthritis and 2.9% diabetes excluding gestational diabetes.

These are self-reported suburb-wide Census figures, not address-level health risks.

How educated is Richmond?Qualifications describe the study pathways represented among local residents.

46.0% of people in the qualifications table held a bachelor degree. That is well above the Greater Melbourne average.

Postgraduate degrees accounted for 17.0% of qualification responses.

Diploma-level qualifications represented 10.7%, while certificate-level qualifications represented 11.4%.

Qualification categories are reported separately and are not school ratings.

What do incomes and housing costs look like in Richmond?Census income and household payments give historical context for local living costs.

Median household income was $2,245 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $2,292.

Occupied renting households reported a median rent of $441 per week.

These household figures are from 2021; current sale and asking-rent medians appear in the market section.

How does Richmond compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.

Working from home was 45.9% in Richmond, compared with 28.8% across Greater Melbourne.

Outright ownership was 19.2% locally and 30.7% across Greater Melbourne. That is well below the Greater Melbourne average.

Renting accounted for 56.0% in Richmond, against 31.1% across Greater Melbourne.

Capital-region comparisons use the same Census definitions and year.

Three useful questions

A buyer’s quick guide to Richmond (Vic.)

Is Richmond (Vic.) expensive?

The median house price is $1,340,000, while units and apartments sit at $555,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Richmond (Vic.) good for families?

The Census counted 6,662 local families, and 9.6% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.

What can I get for $1.5m in Richmond (Vic.)?

3-bedroom houses have a median around $1,570,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.

Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.

Explore the area

Streets and suburbs around Richmond (Vic.)

277 streets in Richmond (Vic.)

Street-by-street reports are not published yet. The streets below are the ones this suburb covers.

  • Abinger Pl
  • Abinger St
  • Alban St
  • Albert Pl
  • Albert St
  • Alfred St
  • Allans Pl
  • Allowah Tce
  • Amsterdam St
  • Anderson Ct
  • Appleton St
  • Baker St
  • Bank St
  • Barkly Avenue
  • Barnet
  • Beissel St
  • Belgium Ave
  • Belgravia St
Show all 277 streets
  • Bellevue St
  • Bell St
  • Bendigo St
  • Bennett St
  • Benson St
  • Berry St
  • Birch Sq
  • Blazey St
  • Bliss St
  • Boland St
  • Bolger Pl
  • Bosisto St
  • Botherambo St
  • Bowen St
  • Boyd St
  • Brady St
  • Bridge Rd
  • Brighton St
  • Brock Pl
  • Bromham Pl
  • Brooks St
  • Brougham St
  • Buckhurst Ln
  • Buckingham St
  • Bunting St
  • Burgess St
  • Burnley St
  • Butler St
  • Cameron St
  • Campbell St
  • Canterbury St
  • Carroll St
  • Charles St
  • Charlotte St
  • Christine Cr
  • Church Street
  • Clark St
  • Clifton St
  • Cole St
  • Coles Tce
  • Cooke Ct
  • Coppin St
  • Corsair St
  • Cotter St
  • Crown St
  • Cutter St
  • Dando St
  • Darlington Pde
  • David St
  • Davison St
  • Davis St
  • Derby St
  • Dickens St
  • Dickmann St
  • Docker St
  • Doonside St
  • Dove Pl
  • Duke St
  • Durham St
  • Dyer St
  • Edinburgh St
  • Egan Pl
  • Egan St
  • Elaine Ct
  • Elizabeth St
  • Ellis St
  • Elm Gr
  • Erin St
  • Eucalyptus St
  • Eureka St
  • Farmer St
  • Fear St
  • Firebell Ln
  • Fordham Ct
  • Francis St
  • Fraser St
  • Freeman St
  • Gardner St
  • Garfield St
  • George St
  • Gipps St
  • Glasshouse St
  • Glass St
  • Gleadell St
  • Goodwin St
  • Goodwood St
  • Grattan Pl
  • Griffiths St
  • Harding Ln
  • Harvey St
  • Highett St
  • Hoddle St
  • Hodgson Tce
  • Hofert Ln
  • Hollick St
  • Hosie St
  • Howard St
  • Hull St
  • Hunter St
  • Jackson St
  • Jago St
  • James St
  • Jika Pl
  • Johnson St
  • Jubilee Pl
  • Judd St
  • Kennedy Ave
  • Kennedy St
  • Kenny St
  • Kent St
  • Khartoum Street
  • Kimber St
  • King St
  • Kingston Pl
  • Kingston St
  • Koorang Ln
  • Kurnagar Lane
  • Laity St
  • Lambert St
  • Leeds St
  • Leggo Pl
  • Lennox St
  • Leslie St
  • Lesney St
  • Lewis Ct
  • Lightfoot St
  • Lincoln St
  • Little Alfred St
  • Little Buckingham St
  • Little Butler St
  • Little Hoddle St
  • Little Kent St
  • Little Lesney St
  • Longfield St
  • Lord Pl
  • Lord St
  • Loughnan St
  • Lyndhurst St
  • Madden Gr
  • Malleson St
  • Manton St
  • Margaret St
  • Mary St
  • Mccrae Mews
  • Mcgoun St
  • Mcgrath Ct
  • Mckay St
  • Mckenzie St
  • Mcnamara St
  • Miles St
  • Miller St
  • Mitchell St
  • Montgomery St
  • Moore St
  • Moorhouse St
  • Muir St
  • Mulberry St
  • Murphy St
  • Murray St
  • Napier Ln
  • Neptune St
  • Newlands St
  • Newry St
  • New St
  • Normanby Pl
  • Northcote St
  • North St
  • Oconnell St
  • Otto Pl
  • Palmer St
  • Park Ave
  • Parker St
  • Park Gr
  • Park St
  • Peers St
  • Portland St
  • Prince Patrick St
  • Princess St
  • Punt Rd
  • Queen St
  • Reeves Cr
  • Regent St
  • Richmond Tce
  • Risley St
  • River Bvd
  • River St
  • Roberts
  • Rogers St
  • Rooney St
  • Rose St
  • Rotherwood St
  • Rowena Pde
  • Rule St
  • Salisbury St
  • Sanders Pl
  • Shamrock St
  • Shaw St
  • Sheedy St
  • Shelley St
  • Sherwood St
  • Smith St
  • Somerset St
  • Spencer Pl
  • Stanley St
  • Stawell St
  • Stewart Pl
  • Stewart St
  • Stillman St
  • Stockade Ln
  • Stoke Pl
  • Strafford St
  • Strode Pl
  • Strode St
  • Studio
  • Survey St
  • Sutton Gr
  • Swan St
  • Tanner St
  • Tennyson St
  • The Crofts
  • Theresa St
  • The Vaucluse
  • Thomas St
  • Tonkins Ln
  • Tudor St
  • Tullo Place
  • Tweedie Pl
  • Type St
  • Tyson St
  • Union St
  • Vaughan St
  • Vere St
  • Verity St
  • Vesper St
  • Victoria Pl
  • Victoria St
  • Wall Pl
  • Wall St
  • Waltham Pl
  • Waltham St
  • Wangaratta St
  • Waterloo Pl
  • Waverley St
  • Wells St
  • Wertheim St
  • Westbank Tce
  • Williams Ct
  • Willis St
  • Willow Ln
  • Wiltshire Street
  • Woodlawn St
  • Workers Ln
  • Wrede Pl
  • Yan Ln
  • Yarra Boulevard
  • Yarra St
  • Yilam Ln
  • Yorkshire St
  • York St

Keep exploring

Is Richmond (Vic.) right for your search?

Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.

Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.