$441 ▲ +19.5%
Higher than 87% of suburb / locality areas.
- 2011: $369
- 2016: $410
- 2021: $441
Median weekly rent paid by households renting their home.
Richmond · Suburb / Locality
Housing & Dwellings in Richmond
Where and how people live — the homes, how they are held, and what they cost.
A shift towards high-density living has transformed Richmond, where more than half of all homes are now flats or apartments. This transition is reflected in the high cost of living, with typical rents and mortgage payments sitting above the state and national figures.
$441
▲ +19.5%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Richmond — higher than 87% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $441 and monthly mortgage payments are $2,292, both of which are much higher than most areas. These figures are a little above the Victorian and Australian averages.
$2,292 ▼ -3.8%
Higher than 85% of suburb / locality areas.
- 2011: $2,383
- 2016: $2,200
- 2021: $2,292
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Richmond, the largest group is $350–$549 at 39%, followed by $550–$749 (20%) and $200–$349 (17%).
Monthly mortgage distribution
View on map →In Richmond, the largest group is $3,000 or more at 36%, followed by $1,800–$2,999 (30%) and $1,000–$1,799 (23%).
Owning & renting
How homes are owned or rented.
Renting is far more common here than in the rest of the country, with 54.7% of households renting compared to the national figure of 30.6%. Conversely, only 18.8% of homes are owned outright, which is far below the state and national levels.
54.7% ▲ +1.7%
Higher than 94% of suburb / locality areas.
- 2011: 53.8%
- 2016: 56.1%
- 2021: 54.7%
Share of occupied private dwellings that are rented.
18.8% ▼ -3.9%
Lower than 91% of suburb / locality areas.
- 2011: 19.6%
- 2016: 18.7%
- 2021: 18.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Richmond, Rented is the majority at 55%; Owned with a mortgage is next at 24%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Small homes dominate the landscape, as separate houses make up only 15.6% of dwellings, far below the Victorian average of 73.4%. Because three-plus bedroom homes are so rare, there are more people per bedroom here than in most other areas.
1.00 ▼ -16.7%
Higher than 89% of suburb / locality areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
15.6% ▼ -45.3%
Lower than 99% of suburb / locality areas.
- 2011: 28.6%
- 2016: 12.5%
- 2021: 15.6%
Share of occupied private dwellings that are separate houses.
32.3% ▼ -7.4%
Lower than 99% of suburb / locality areas.
- 2011: 34.9%
- 2016: 32.6%
- 2021: 32.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Richmond, Flat or apartment is the majority at 53%; Townhouse / semi-detached is next at 31%.
Bedrooms per home
View on map →In Richmond, the largest group is 2 bedrooms at 44%, followed by 3 bedrooms (26%) and 1 bedroom (23%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Richmond
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Richmond [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22170/richmond/topic/housing-dwellings