10 things you didn’t know about Richmond, Victoria

Richmond Suburb Profile VIC 3121 –

A suburb of Melbourne, Richmond is located about 3 kms on the SE fringe of CBD Melbourne. The local government area of Richmond is the city of Yarra. The commercially important roads of Bridge road, Swan Street and Victoria Street surround Richmond. The real estate scene here is a mixed bag as well. There are terrace houses that remind us of the era of Queen Victoria as well as warehouse residences.  The residential belt is also part of a retail sector that is currently buzzing with life.

“How is Richmond suburb stands on different parameters?”

1. Demographics

According to the 2011 Census, Richmond has a population of 26,121. It comprises of 51.4% females and 48.6% males. The average age residents in Richmond is 33 years of age. About 60.9% of residents of this suburb are Australian by birth. The other top countries of birth as per rank are 5.6% Vietnam, 3.4% England, 3.1% New Zealand, 2.5% Greece, 1.8% China , 1.8% Timor-Leste, 1.1% India, 0.8% Ireland, 0.7% Malaysia, 0.6% Italy, 0.6% United States of America, 0.5% Scotland, 0.5% South Africa, 0.5% Philippines.

Close to  65.2% of people in Richmond speak only English. The top languages that they speak are 7.2% Vietnamese, 6.8% Language spoken at home not stated, 5.1% Greek, 2.1% Cantonese, 2.0% Other, 1.8% Other, 1.8% Mandarin, 1.2% Italian, 0.7% Spanish, in order of rank.

2. Amenities

a) Healthcare: There are a number of private practitioners available in Richmond. A fair number of centres for medical facilities of the latest end are available in the area.  Epworth HealthCare is a non-profit healthcare unit and one of the best setups in the area. Other popular names in this domain are North Richmond Community Health Limited and Richmond Hospital – St John of God Health Care.

b) Sports: Richmond is a springboard for sporting activities. There is an active club culture in this regard as well. Football, soccer, cricket and athletics are hugely encouraged. The Richmond Football Club has a nationwide fan following and has had 10 Premiership titles to their name.

c) Transportation: Richmond has a well-connected system for its roads and rail setup. There are five train stops, seven routes for trams, a single bus route as well as a number of bicycle trials.

Richmond is connected to the main city via tram numbers 109 and 12. It is connected to Victoria Street via tram number 78 as well as  Church Street. Numbers 75 and 48 connect to Bridge Road while number 70 connects to Swan Street.

The primary train stop for Richmond is the Richmond station. This is also an interchange spot for all South Eastern and Eastern suburb rail networks. Other important stations in Richmond are its West, East and North stops as well as Burnley.

3. Property Prices

In Richmond, 19.6% of homes are completely owned while close to 23.6% are on the mortgage. About 53.8% of homes are on rent. The individual income is A$905 per week on an average while the household average figure stands at A$1697 per week. Average rent in Richmond is at about A$369 per week while the average mortgage repayment figure stands at A$2383 on a monthly basis.

4. Attractions

Richmond is an interesting suburb thanks to the heady mix of shopping and amusement activities that it offers. Victoria Gardens Shopping Centre is a must-see hub that has been in town since 2001. There are other spots such as parks and reserves that you can visit as well. A note must be made of the attractive homes that the suburb boasts of. Must see spots are Richmond Town Hall, Corner Hotel, The Rising Sun, Great Britain Hotel and The Swan. These hotels are well known for their live bands. The top parks in the area are Citizens Park, Barkly Gardens, Allen Bain Reserve, Yarra Park, Melbourne Park, Golden Square Bicentennial Park, Burnley Golf Course, Pridmore Park, Creswick Street Reserve and St James Park and Dickinson Reserve.

5. Traffic

The suburb is well managed in terms of volume and diversion. Speeding is an issue that the local administration is bent on curbing.

6. Safety

The safety quotient at Richmond is high. Neighbours are friendly and the small homes on narrow lanes are actually safe from crimes too. Not many incidents of violence or drugs occur here frequently.

7. Restaurants

From Iberian to Vietnamese to downright Aussie — you get food of all types in Richmond. The top restaurants that you must eat at in Richmond are Bouzy Rouge, Tran Tran Vietnamese Restaurant, Anchovy, and Minamishima.

8. Nearby Suburbs

The suburbs around Richmond include Collingwood, Hawthorn, Kew, East Melbourne, Abbotsford, Cremorne, Burnley, and South Yarra.

9. Future Plans

The suburb of Richmond is poised on an upscale for real estate growth. The employment opportunities in the area are also aplenty. This is why the suburb is a top draw among youngsters as well. The most active sectors in Richmond, as per rank are 17.1% Professional, scientific and technical services, 10.8% Health care and social assistance, 8.4% Retail trade, 8.1% Financial and insurance services, 7.1% Accommodation and food services, 6.9% Education and training, 6.3% Manufacturing, 5.6% Public administration and safety, 4.4% Construction.

The property market is a draw since there is a decent laid-backness in Richmond despite the several amusement options at hand. The ambience is very pleasing as is the location.

10. a) Reasons to Live in Richmond: The suburb is a good deal maker if you are looking to buy a home here. Even if you rent a property out there is a lot of appreciative profit that will roll in soon.

b) Reasons to reconsider Richmond: The suburb is conservative but does not bind you in terms of freeness. There is ample of open space around. The place is apt for families since the school and sports scene is highly active.

What do people say about Richmond:

The suburb offers residents a good life by way of great transport, facilities and basic amenities. Melbourne too is a short drive away so there is barely anything to keep you from investing in Richmond.

List of following facilities in and around Richmond at an average radial distance of approx 5kms:

Note: These facilities may or may not be near to your residence within Richmond. Please recheck the distance to a facility before buying or renting a property in Richmond.

Hope we have done some justice to showcase the highlights of Richmond suburb. If you notice that either we have not covered something or have made some mistake in data about Richmond, don’t forget to share it with us.

Disclaimer: Some information about Richmond may change at any point in time. So, we humbly request to kindly verify any critical information directly with the Richmond’s Council.