Richmond is Melbourne's most vibrant inner-city suburb — a 28,000-person community where Bridge Road's fashion factory outlets, Victoria Street's famous Vietnamese restaurant strip, Swan Street's outstanding food and wine scene, the MCG and Melbourne Park world-class sports precincts, and Richmond train station's access from multiple metropolitan lines create a suburb of extraordinary daily convenience. Melbourne's premier AFL team (Richmond Tigers) and some of the city's most historic pub venues make Richmond the heartbeat of Melbourne's sporting and social life. At the current $1.5m median house price, an 80% loan at 6.25% over 30 years is about $7,389 per month.
| Median house price | $1,500,000 |
|---|---|
| Median unit price | $720,000 |
| Estimated monthly repayment | $7,389 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6% |
| Gross rental yield | 3.8% |
| Typical days on market | 16 |
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