Neutral Market
7/16
Key Investment Metrics
| Metric | Status |
|---|---|
| Demand Supply Ratio (DSR) | Met |
| Vacancy Rate | Caution |
| Gross Rental Yield | Not Met |
| Days on Market | Not Met |
| Median Property Value | No Data |
| 3-Year Capital Growth | Met |
| 12-Month Rental Growth | Caution |
| Average Vendor Discount | Met |
About Richmond, VIC 3121
Richmond is located in Victoria with postcode 3121. Based on our analysis of 23+ growth factors, Richmond is classified as a neutral market with a Hot Market Score of 7/16.
The Demand Supply Ratio (DSR) for Richmond is 67.0, which is rated as strong for investment. The vacancy rate is 2.4%, suggesting moderate rental demand.
Gross rental yield in Richmond is 3.3%, with 3-year capital growth of 10.4%. Properties in Richmond typically sell within 87 days.
Data as of 12 March 2026 · Sources: Government and public data only
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