FOR SALE
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406/71 Canterbury Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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SOPHISTICATED APARTMENT WITH STUNNING CITY VIEWS

Located in the exclusive 'Isla' apartments, a complex of just 60 refined units, this luxury residence offers prime access to both cosmopolitan Richmond and the Yarra River, promising an exceptional inner-city lifestyle.
- Light-filled, spacious open-plan main living/dining area with floorboards
- Sleek, well-equipped kitchen with gas cooktop and dishwasher
- 2 generous bedrooms both with mirrored built in robes
- Stunning balcony with expansive westerly city views
- Split system heating/cooling
- Discreet European laundry
- Offering approx. 66 sqm of lifestyle living
- Owners Corporation fees: $1,200 per quarter (approx.)
- Rent potential: $600-$650 per week (approx.)
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Property Details for 406/71 Canterbury St, Richmond

406/71 Canterbury St, Richmond is a 2 bedroom, 1 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 22,317 properties. Over the last 5 years, Houses in Richmond have seen a 19.38% increase in median value, while Units have seen a 4.09% increase. As at 31 August 2024:

  • The median value for Houses in Richmond is $1,450,223 while the median value for Units is $622,221.
  • Houses have a median rent of $760 while Units have a median rent of $575.
There are currently 60 properties listed for sale, and 68 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 946 properties were sold in the past 12 months in Richmond.

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Emily Sayers
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Brittny Ksenic
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Biggin & Scott - Richmond
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