For state-level context, explore the Victoria economy.

Housing

Richmond

Victoria · Census 2021

$1.40M-0.2% yrmedian house · Dec 2025

Bounded by the Yarra River, Richmond pairs Victorian-era worker's cottages with a bustling Vietnamese culinary strip on Victoria Street and expansive green spaces like Citizens Park.

Median house price
$1.40M85th pctile
of 766 priced VIC suburbs
Household income
$2,245/wk87th pctile
of 2,844 VIC suburbs
Amenity score
100/10095th pctile
of 1,338 rated VIC suburbs
Estimate repayments for this suburb →

Median house price

Rolling median of settled transfers, state Valuer-General open data (CC BY 4.0). Median of Victoria suburb medians: $765k.

How it compares

Median house price85th percentile
<$210k766 priced suburbs$2.9M+
Household income / wk87th percentile
<$599ABS Census 2021$3,249+
Median house price+64% vs Greater Melbourne · +124% vs Rest of Vic.
MelbourneRest of state
Greater Melbourne $850k · Rest of Vic. $625kRichmond (Vic.) $1.40M
Household income / wk
VIC · AU

Percentiles rank this suburb against Victoria suburbs that carry the metric — never across states, and never against suburbs where it is missing. Price references are ABS median established-house transfer prices for the Mar 2026 quarter (CC BY 4.0); the suburb figure is a Valuer-General median over a different window, so read the gap as indicative. Income references are the Census 2021 median of the middle suburb in Victoria and nationally, not a household-weighted median.

People & housing

Population
28,587
Median age
34 yrs
Income / person / wk
$1,356
Household income / wk
$2,245
▲ 42% vs VIC
Median rent / wk
$441
Mortgage / month
$2,292

Who lives here

Couples with children
14%
−18 pts vs VIC
Living alone
39%
+13 pts vs VIC
Unemployment
3%
−2 pts vs VIC
In the labour force
75%
+12 pts vs VIC
Bachelor degree or higher
53%
+24 pts vs VIC
Earning $1–$499 a week
15%
−8 pts vs VIC
Earning $2,000+ a week
26%
+14 pts vs VIC

Households for the family mix, residents aged 15+ for work, education and income; unemployment is a share of the labour force. VIC figures weight each suburb by its dwellings or residents. ABS Census 2021 (CC BY 4.0). Withheld for very small populations — under 100 residents, or under 50 dwellings, households or workers for the shares that count those.

Housing stock

13,301 occupied private dwellings

Dwelling type
  • Separate house 16%
  • Flat or apartment 53%
  • Semi, terrace & other 31%

VIC: 73% separate houses · 12% flats & apartments

Tenure
  • Owned outright 19%
  • Mortgaged 24%
  • Rented 55%
  • Other & not stated 2%

VIC: 32% owned outright · 36% mortgaged · 29% rented

ABS Census 2021 (CC BY 4.0). Withheld for very small populations — under 100 residents, or under 50 dwellings, households or workers for the shares that count those.

Socio-economic profile

IRSAD

Relative Socio-economic Advantage and Disadvantage

Score 1,104

Measures relative socio-economic advantage and disadvantage.

Within AustraliaDecile 10 of 10
Within VictoriaDecile 10 of 10

IRSD

Relative Socio-economic Disadvantage

Score 1,042

Measures relative socio-economic disadvantage only; a higher score means less disadvantage.

Within AustraliaDecile 7 of 10
Within VictoriaDecile 7 of 10

IER

Economic Resources

Score 936

Measures access to economic resources, including income, housing costs and assets.

Within AustraliaDecile 2 of 10
Within VictoriaDecile 1 of 10

IEO

Education and Occupation

Score 1,139

Measures relative education and occupation characteristics.

Within AustraliaDecile 10 of 10
Within VictoriaDecile 10 of 10

Scores are standardised across Australia to a mean of 1,000 and a standard deviation of 100. Deciles run from 1 (most disadvantaged) to 10 (least disadvantaged).

Source: ABS SEIFA 2021 (CC BY 4.0).

Terrain & hazard exposure

Median elevation
20 m
range 7–39 m
Land below 5 m
0%
0% below 2 m
Observed under water since 1987
1.3%
plus <0.1% permanent water
Show on map →

Shares are the proportion of the suburb's land area. Land where Landsat saw water in at least 1% of clear passes since 1987, excluding permanent water and filtered by DEA's confidence layer. Satellites miss flood peaks, so this is a floor, not a risk estimate; dense high-rise cores can still register tower shadow as water. A statutory planning-control boundary, not a flood extent, and it can lag the latest flood study. Designated for development control; a designation, not a prediction of fire behaviour. The Building Regulations' Designated Bushfire Prone Area, the like-for-like of NSW Bush Fire Prone Land; the narrower Bushfire Management Overlay is a separate planning control. Elevation is orthometric height from a 30 m model; no hydrology or drainage is modelled.

Planning & zoning

Zoning mix (share of the suburb's land)
Show on map →
  • General / medium / high-density residential35%
  • Low-density residential23%
  • Centres & mixed use19%
  • Infrastructure & special purpose10%
  • Open space & recreation5.3%
  • Industrial & employment5.0%
  • Growth area, deferred or unzoned2.9%

Planning instrument: Yarra Planning Scheme. Zones are grouped into ten families so states compare; the council's own scheme is the authority for any one lot. Source: Vicmap Planning zones; Vicmap Heritage Overlay.

Local amenities

Schools
10
Supermarkets
7
Pubs & bars
38
Parks
26
Libraries
1
GP clinics
14
Pharmacies
8
Hospitals
3
Nearest supermarket
0.4 km
Nearest train
0.8 km
Nearest hospital
0.7 km
Distance to coast
5.2 km
NBN
FIXED LINE

Grocery mix: 2 Coles · 1 IGA. Amenity counts via © OpenStreetMap contributors (ODbL) & Geoscience Australia HealthDirect (CC BY 4.0). Distance to coast derived from ABS state boundaries (CC BY 4.0).

Culture & community

Dominant religion
No religion · 54%
Top language at home
Vietnamese · 2%
No religion
54%
Born overseas
32%
English only at home
76%

Schools by sector

Government / Catholic / Indep.
8 / 3 / 2
Primary / Secondary
5 / 9
Nearest secondary
0.2 km

School sector & type: ACARA (Australian Curriculum, Assessment and Reporting Authority), School Location dataset.

Local council

Council (LGA)
Yarra
Population
101,356 (2025) · +1.4% in a year
Area / density
20 km² · 5,198/km²
Council medians (2021)
age 34 · $2,270/wk household income · $451/wk rent
Council-wide house median (2023-24)
$1.6M
Federal grants
$3.19M in 2025-26 · $31/resident
Avg rates / property
$1,937
Operating result
+9.5%
Asset renewal
98%

Council boundaries and the suburb split: ABS ASGS LGA 2024, allocated by 2021 mesh block and weighted by Census 2021 residents. Population: ABS Estimated Resident Population 2025. Medians: ABS Census 2021. House median: ABS Data by Region, established-house transfers across the whole council, financial year 2023-24. Federal grants: Financial Assistance Grants, Dept of Infrastructure. Financials: VIC Local Government Performance Reporting 2024-25, Local Government Victoria. ABS, Dept of Infrastructure and Local Government Victoria data CC BY 4.0; council website from Wikidata (CC0).

Representation

Federal division
Melbourne
Federal MP
Sarah Witty (ALP)
Two-party-preferred
Labor 74% 2PP
State electorate
Richmond
State MP
Gabrielle de Vietri (GRN)

Sources: ABS ASGS boundaries (CC BY 4.0); ABS Census 2021 (CC BY 4.0); Victoria Valuer-General settled transfers (CC BY 4.0); ACARA School Locations (CC BY 4.0); © OpenStreetMap contributors (ODbL); Australian Electoral Commission (CC BY 4.0); Geoscience Australia 1 Second DEM-S (CC BY 4.0); DEA Water Observations Statistics, Geoscience Australia (CC BY 4.0); Vicmap Planning overlays, Department of Transport and Planning Victoria (CC BY 4.0); Designated Bushfire Prone Area, Department of Transport and Planning Victoria (CC BY 4.0); Vicmap Planning — Planning Scheme Zones, Department of Transport and Planning Victoria (CC BY 4.0); Vicmap Planning — Heritage Overlay, Department of Transport and Planning Victoria (CC BY 4.0); Wikipedia state-member tables (CC BY-SA 4.0). Not financial advice.