City of Yarra
Richmond South
Richmond South at a glance
Median house
$506,000
Sales data pending
Median unit
$364,320
Sales data pending
Days on market
–
Average to sell
Walk score
100
Walker's paradise
Population
31.5k
Median age 34
About
Welcome to Richmond South.
Richmond South is a suburb in Victoria.
Side by side
Compare Richmond South with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Market
The price of a home here.
Median house price
$506,000
+0.0% over the past year. Median unit price $364,320.
Rental and ownership
Weekly rent (house)
$450/wk
Weekly rent (unit)
$383/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$506,000
Sales data pending
$364,320
Sales data pending
–
Average days to sell
31,534
Median age: 34
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For investors
Investment overview.
Gross Yield (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)4.62%
Based on $506,000 median
Gross Yield (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)5.47%
Based on $364,320 median
Annual Growth (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Annual Growth (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
Population
31,534
Median age
34
Family households
–
Lone person
–
Safety
Crime and safety.
Crime data not available for this suburb.
Getting around
Walkability.
100
100
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Richmond South.
Local schools for Richmond South
View the catchment for each school to find out more.
Government School Catchment
Richmond High School
Richmond Primary School
Bindjiroo Yaluk Community School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Richmond South.
- What is the median house price in Richmond South?
- The median house price in Richmond South, VIC 3121 is $506,000. The median unit price is $364,320. Annual growth is +0.0%.
- What is the Richmond South postcode?
- Richmond South is in the 3121 postcode, in VIC, in the City of Yarra region.
- What is the average rent in Richmond South?
- The median weekly rent for houses is $450, for units it's $383.
- What schools are in Richmond South?
- There are 20 schools serving Richmond South on this page, including Ignatius Learning Centre, Melbourne Indigenous Transition School, Richmond High School.
- How walkable is Richmond South?
- Richmond South has a Walk Score of 100 out of 100, very walkable. transit score 100, bike score 100.
- What suburbs are near Richmond South?
- Richmond South is close to Richmond, Richmond East, Cremorne, Burnley North, Burnley.
- What is the population of Richmond South?
- Richmond South has approximately 31,534 residents. The median age is 34.
For Sale
For Rent
Richmond South
Guides
Surrounding Suburbs
Side by side
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See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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