3121 · VIC

Richmond

Data updated Q4 2025 · 367 bond lodgements/qtr

	House	Unit
Median rent	$900/wk	$510/wk
1yr change	↑ 10.4%(was $815/wk)	↑ 10.9%(was $460/wk)
3yr change	↑ 34.3%(was $670/wk)	↑ 37.8%(was $370/wk)
Vacancy rate	1.4%low availability
Bond lodgements	367 per quarter

Vacancy rate context

A healthy rental market sits around 3% vacancy. At 1.4%, availability in Richmond is low. Competition for rentals remains high, giving landlords above-average leverage.

Other suburbs in VIC

Fitzroy$850/wk↑ 10.4%

St Kilda$950/wk↑ 10.5%

South Yarra$1050/wk↑ 11.1%

Brunswick$780/wk↑ 11.4%

Carlton$850/wk↑ 11.1%

Prahran$1000/wk↑ 11.1%

Compare suburbs side by side →

Median rents are calculated from rental bond lodgements submitted to state government authorities (NSW Fair Trading, RTBA VIC, RTA QLD, CBS SA, DMIRS WA). Data is updated quarterly and represents the median weekly rent for new tenancies.

Suburb

Property type

Bedrooms

Your weekly rent

$/wk

Median rent in Richmond (2-bed unit): $434/wkQ4 2025 · 367 bonds