OFF MARKET

84 Somerset Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
Land area: 95m2
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Last updated 2 Sep 2024
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Property Details for 84 Somerset St, Richmond

84 Somerset St, Richmond is a 2 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 95m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2011.

Building Type
House
Year Built
1970
Floor Size
65m2
Land Size
95m2
Local Government
Yarra
Lot/Plan
1/PS339527

Last Listing description (August 2024)

Feel the buzz and convenience of fabulous Richmond while enjoying your stay at Somerset Terrace, a 2 bedroom home nestled in a quiet tree lined street. Somerset Terrace is also conveniently located for those who like to attend Melbournes annual sporting events at the MCG, Melbourne and Olympic Parks and Rod Laver Arena. Somerset Terrace is also close to the Epworth Hospital and St. Vincents Hospital and its just 15 minutes by tram to the Melbourne CBD where you can visit the Arts Centre and Federation Square.

What you need to know:

Accommodation:

- 2 separate living areas - polished timber floors & picture windows
- Large entertainer's kitchen - Smeg appliances; gas & dishwasher
- 2 double bedrooms - balcony to main & both with robes
- Central bathroom - separate bath & shower; European laundry

Comforts:
- Private front and back courtyard & decking
- Ducted heating & air conditioning
- Euro laundry

Amenities:
- Close to Epworth Hospital
- Tram stops and bus services into the CBD
- Short walk to Bridge Road
- MCG local

* Rent payable per calendar month: $3259
Bond: $3259

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Property History for 84 Somerset St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$675,000
26 May 2011
Listed for Rent
$750/w
25 Jul 2024
  • 25 Jul 2024
    Listed for Rent - Price not available
  • 23 Feb 2012
    Listed for Rent - Price not available
  • 15 Jun 2011
    Listed for Rent - Price not available
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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.

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