🔍

Richmond

VIC 3121 • Greater Melbourne

28,587
Population (2021)
$116,740
Median Household Income
4.43 km²
Area
$441/wk
Median Rent
Inner CityVietnamese DiningNightlifeWell-Connected
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About Richmond

Richmond is Melbourne's most iconic inner suburb, a vibrant precinct of nearly 29,000 residents in the City of Yarra, just 4 kilometres from the CBD. Multiple train lines serve Richmond station, making it one of Melbourne's best-connected areas. The suburb seamlessly blends its working-class heritage—narrow Victorian streets and historic factories—with contemporary apartment towers and world-class dining along Swan Street and Bridge Road.

Victoria Street's Little Saigon is Melbourne's Vietnamese heartland, offering authentic phở and bánh mì that draw crowds citywide. Swan Street has transformed into a dining and nightlife destination, while Bridge Road retains discount outlet shopping character. Richmond attracts young professionals, creatives, and foodies who want inner-city living with genuine character and unmatched dining diversity. It's Melbourne at its most authentic and accessible.

Richmond falls under postcode 3121 and is governed by the Yarra Council (Local Government Area). For federal elections, residents vote in the electorate of Melbourne, while state elections fall under the Richmond (Northern Metropolitan) electorate.

📰 Featured In

🏙️ Top 25 Most Densely Populated Suburbs in Victoria

📍 Location

State
Victoria
Postcode
3121
Urban Area
Yarra
LGA / Council
Yarra
Federal Electorate
Melbourne
State Electorate
Richmond (Northern Metropolitan)
Type
Major Urban
Timezone
Melbourne (UTC+10)
Coordinates
-37.82°, 145.00°
Statistical Area
Greater Melbourne
Area
4.43 km²
Population Density
6,452 /km²
Elevation
19m

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🏷️ Property Prices June quarter 2025

Median sale prices in Richmond for the June quarter 2025. Median sale prices published by the Valuer-General Victoria.

🏡House
$1.44M
67 sales · ▲ 5.5% YoY
🏢Unit / Apartment
$566K
152 sales · ▼ 5.2% YoY

Source: Valuer-General Victoria — Victorian Property Sales Report. Medians are for the latest quarter; the change shown is the official 12-month movement. Suburbs with very few sales in a quarter can be volatile.

💰 Income

ATO taxable income Postcode 3121

Median taxable income for individual taxpayers in postcode 3121, comparing the 2019–20 and 2023–24 financial years.

Median 2019–20
$67,134
Median 2023–24
$78,482
▲ 16.9% increase
Average taxable income (2023–24)
$105,695

Source: ATO Taxation Statistics 2023–24, Individuals Table 8 (median & average taxable income by postcode). Covers all individuals who lodged a return in postcode 3121; postcodes with fewer than 200 lodgments are suppressed by the ATO.

Census personal income 2016 vs 2021

Personal Income 2016
$56,264
Personal Income 2021
$70,512
▲ 25.3% increase

Personal Income Comparison (2016 vs 2021)

2021 Census income breakdown

Personal = median for one earner. Household = all members of a dwelling pooled. Family = related members only. Annual = weekly × 52.

Personal
$70,512 / yr
$1356/wk
Household
$116,740 / yr
$2245/wk
Family
$160,992 / yr
$3096/wk
💰 Income: ABS Census 2021

🏠 Housing 2021 Census

Median Rent (weekly)
$441
Median Mortgage (monthly)
$2,292
Avg Household Size
2 people
Median Age
34 years

🚌 Transport & Commute

Bus Services

  • Local bus services — Melbourne CBD Varies

Commute to Melbourne CBD

Distance
4 km
By Train
Train access via local station
By Car (Peak)
15-25 min
By Car (Off-Peak)
10-15 min

🛣️ Located 4 km from Melbourne CBD

Walkability Somewhat Walkable

Daily errands can often be done on foot near local shopping strips, but a car is useful for larger trips

🛒 Supermarkets Nearby

  • Coles
    188-196 Swan Street Richmond 3121 VIC

🎓 Schools

👥 Demographics

Census 2016
27,705
Census 2021
28,587
▲ 3.2% growth

Population Growth

Gender Distribution (Census 2021)

📊 Population: ABS Census 2021

🎓 Educational Institution Attending 2021 Census

School Sector Breakdown

🚔 Crime Statistics LGA-wide

These are the latest rates for the Yarra Local Government Area, which contains Richmond. Rates are per 100,000 residents for the year ending September 2025; trends compare 2 and 10 year periods.

Break & enter (dwelling)
705 / 100k
2yr Up 29.5% 10yr Down 13.5%
Motor vehicle theft
618.9 / 100k
2yr Up 74.4% 10yr Up 20.5%
Non-FV assault
773.6 / 100k
2yr Up 21.7% 10yr Up 77.0%
Robbery (unarmed)
10.8 / 100k
2yr Up 31.3% 10yr Down 16.6%
Steal from vehicle
2,307.1 / 100k
2yr Up 43.2% 10yr Up 10.6%
View all offence subgroups for Yarra →

Source: Crime Statistics Agency Victoria

⚖️ Compare Richmond With

🏘️South Yarra
View comparison →🏘️Collingwood
View comparison →🏘️Cremorne
View comparison →

🌍 Country of Birth 2021 Census

Born in Australia 18,510
Born Overseas 8,691

Top Countries of Birth (excl. Australia)

  • 1. Vietnam 1,220
  • 2. England 1,067
  • 3. New Zealand 818
  • 4. Greece 482
  • 5. China 472
  • 6. India 316
  • 7. United States 286
  • 8. Malaysia 264
  • 9. Ireland 213
  • 10. Philippines 191

🧬 Ancestry 2021 Census

Top ancestries reported (people may report up to two)

English 9,351
Australian 7,132
Irish 4,060
Scottish 3,045
Chinese 2,086
Vietnamese 1,532
Italian 1,479
Greek 1,465
German 1,075
Indian 492

👨‍👩‍👧 Parents' Birthplace

11,899
Both parents born in Australia
11,204
Both parents born overseas
3,982
One parent AU, one overseas

🛐 Religion 2021 Census

No Religion
54.6%
Christianity
30.8%
Buddhism
4.8%
Islam
1.7%
Hinduism
0.9%
Judaism
0.6%
Sikhism
0.0%

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📊 Age Distribution 2021 Census

0-4 years
1,044 (3.7%)
5-14 years
1,712 (6.0%)
15-19 years
804 (2.8%)
20-24 years
2,201 (7.7%)
25-34 years
9,002 (31.5%)
35-44 years
4,687 (16.4%)
45-54 years
3,257 (11.4%)
55-64 years
2,652 (9.3%)
65-74 years
1,865 (6.5%)
75-84 years
968 (3.4%)
85+ years
397 (1.4%)

Nearby Suburbs

Frequently Asked Questions

What is Richmond known for? +

Richmond is a well-established residential suburb in Yarra, VIC, with a population of approximately 28,587 residents. The suburb is valued for its local schools, parks, and community facilities.

How far is Richmond from Melbourne CBD? +

Richmond is approximately 4 kilometres from Melbourne CBD, typically a 10-15 min drive outside peak hours.

Does Richmond have public transport? +

Richmond is served by local bus services connecting to the broader VIC network. Nearby train stations provide access to Melbourne CBD.

What is the population of Richmond? +

According to the 2021 Census, Richmond has a population of approximately 28,587 residents.

Is Richmond a good place to live? +

Richmond offers a practical and liveable lifestyle with local schools, parks, and shopping. With a median income around $67,134, it attracts a broad demographic mix.

What is the postcode for Richmond? +

The postcode for Richmond, VIC is 3121.

What is the average income in Richmond? +

Based on the 2021 Census, the median personal income in Richmond is about $1,356 per week (around $70,500 per year). The median household income is $2,245 per week and the median family income is $3,096 per week.

What is the median house price in Richmond? +

As of June quarter 2025, the median house price is $1,435,000, up 5.5% year-on-year, and the median unit/apartment price is $566,300, down 5.2% year-on-year. Figures are based on Valuer-General Victoria — Victorian Property Sales Report.

What is the age profile of Richmond? +

The median age in Richmond is 34. The largest age group is 25–34 (9,002 residents, around 31%). Around 12% of residents are under 20 and about 11% are aged 65 or older. (2021 Census)

Is Richmond a safe area? +

Crime statistics are recorded at the Local Government Area level. Richmond is part of the Yarra LGA — see the Crime Statistics section on this page for the latest recorded offence rates per 100,000 residents, along with 2-year and 10-year trends.

How much is rent in Richmond? +

In Richmond, the median weekly rent is $441, and the median monthly mortgage repayment is $2,292 (2021 Census).