FOR SALE
Private Sale $550,000-$575,000

402/20 Burnley Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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PRIME RICHMOND LOCATION - OVERSIZED 80SQM APPROX. APARTMENT

Convenience, comfort, and lock & leave ease are the highlights at this smart lifestyle apartment. Offering the easiest base for busy professionals or an inner-city retreat for active downsizers, this is also an excellent investment close to some of Melbourne’s most iconic attractions.
- Spacious living and dining zone spilling to an easterly balcony ideal for soaking up the morning rays.
- Sleek modern kitchen topped with glossy stone and equipped with premium Miele appliances.
- Sensational main bedroom sparkling ensuite.
- Second bedroom (BIR’s) serviced by a fully tiled main bathroom with bath.
- Split system heating and cooling.
- Euro laundry.
- Secure video intercom entry.
- Secure parking space and storage cage.
- Potential rent return of $600-$650pw approx.
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Property Details for 402/20 Burnley St, Richmond

402/20 Burnley St, Richmond is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Biggin & Scott - Richmond.

Building Type
Apartment

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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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Emily Sayers
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Brittny Ksenic
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Biggin & Scott - Richmond
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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.