Richmond, VIC

1,011 sales · 2025 · Victorian Valuer General

Richmond recorded 1,011 residential sales in 2025, comprising Apartments at a median of $582,500 (592 sales); Houses at a median of $1,348,000 (289 sales); and Townhouses at a median of $1,105,360 (130 sales). The median apartment price was $582,500.
Median price
$582k
Apartments · Annual · VGV 2025
Sales (2025)
592
Active market
Price range
$582k–$582k
10th–90th pct
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
BudgetMarket accessGradeEst. properties
$375,000 ~14% D — Very limited ~83 of 592
$475,000 ~31% C — Limited ~184 of 592
$575,000 ~49% B — Competitive ~290 of 592
$775,000 ~76% A — Strong access ~450 of 592
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
Under $300k
~5%
$300k–$450k
~21%
$450k–$700k
~42%
$700k–$1M
~23%
Over $1M
~9%

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What is the median apartment price in Richmond?

The median apartment price in Richmond was $582,500 in 2025, based on 592 recorded sales from the Victorian Valuer General.

Is Richmond affordable on a $475,000 budget?

A $475,000 budget gives access to an estimated 31% of the Richmond apartment market (estimated from market distribution curves).

How many apartments sold in Richmond in 2025?

592 apartments were recorded in Richmond in 2025 by the Victorian Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Richmond?

Sale prices in Richmond ranged from $582,500 (10th percentile) to $582,500 (90th percentile) in 2025.