OFF MARKET

5/23 Farmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 161m2
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Last updated 2 Sep 2024
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Property Details for 5/23 Farmer St, Richmond

5/23 Farmer St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 161m2 and floor size of 77m2.

Building Type
Unit
Year Built
2016
Floor Size
77m2
Land Size
161m2
Local Government
Yarra

Last Listing description (August 2024)

This stunning top floor 2-bedroom apartment offers an unparalleled living experience. Light floods the open-plan living area, boasting a sleek European kitchen with stone benches and stainless steel appliances. Unwind in generously sized bedrooms with built-in robes, then step out onto your expansive balcony and soak up the city buzz. Split-system air conditioning ensures year-round comfort.

Merely steps away - a tram stop whisking you into Melbourne's CBD or down to the sporting action at the MCG. Burnley Station is a short stroll away for easy commutes. When it's time to unwind, explore the culinary delights of Swan Street, just a block away. From hidden bars to award-winning restaurants, you'll never run out of options. This apartment offers the perfect blend of inner-city convenience and vibrant Richmond charm.

VIEWING TIMES are subject to cancellation/change 3 hours prior to the open for inspection.

We advise that you check the listing on the day, to ensure that the property is still available prior to inspection to avoid disappointment.

Property History for 5/23 Farmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Listed for Rent
$575/w
31 Jul 2024
  • 12 Jul 2024
    Listed for Rent $575 / week
  • 22 Sep 2021
    Listed for Rent - Price not available
  • 31 Jul 2020
    Listed for Rent $479 / week
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. It has 20 parks covering nearly 4.9% of total area. The population of Richmond in 2011 was 23,814 people. By 2016 the population was 27,711 showing a population growth of 16.4% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 43.2% of the homes in Richmond were owner-occupied compared with 40.8% in 2016.

Richmond has 22,314 properties. Over the last 5 years, Houses in Richmond have seen a 22.14% increase in median value, while Units have seen a 7.12% increase. As at 31 July 2024:

  • The median value for Houses in Richmond is $1,447,369 while the median value for Units is $628,526.
  • Houses have a median rent of $775 while Units have a median rent of $575.
There are currently 57 properties listed for sale, and 67 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 940 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.