OFF MARKET

5 East Market Street
Richmond NSW 2753

Bedrooms: 4
Bathrooms: 3
Car spaces: 6
Land area: 543m2
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Property Details for 5 East Market St, Richmond

5 East Market St, Richmond is a 4 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 543m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Land Size
543m2
Local Government
Hawkesbury
Lot/Plan
1/DP515253

Last Listing description (August 2023)

Located in the heart of Richmond is this multi income property currently returning $101,000 per annum with scope for further returns.
Separated between ground floor commercial space of 390m2 plus mezzanine and 1st floor 2x2 bedroom residential apartments.
537sqm block of land with off street parking for 6 cars with B2 zoning

Ground floor:
Approximately 390sqm of open plan floorspace
Mezzanine floor
Bathroom facilities
Roller door access
Long term tenant in place returning $65,000pa

First floor:
2 X 2 bedroom apartments
Open plan living areas
Airconditioned
Always rented currently $36,000 pa with scope for increases

Property History for 5 East Market St, Richmond, NSW 2753

A timeline of how this property has performed in the market
Last Sold
$1,500,000
20 Jun 2023
Listed for Rent
22 Sep 2016
  • 20 Jun 2023
    Sold for $1,500,000
  • 23 May 2023
    Listed for Sale Auction
  • 23 Aug 2016
    Listed for Rent - Price not available
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About Richmond 2753

The size of Richmond is approximately 29.9 square kilometres. It has 19 parks covering nearly 4.4% of total area. The population of Richmond in 2011 was 5,273 people. By 2016 the population was 5,482 showing a population growth of 4.0% 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, 52.1% of the homes in Richmond were owner-occupied compared with 51.2% in 2016.

Richmond has 3,134 properties. Over the last 5 years, Houses in Richmond have seen a 50.08% increase in median value, while Units have seen a 30.09% increase. As at 31 July 2024:

  • The median value for Houses in Richmond is $847,898 while the median value for Units is $592,197.
  • Houses have a median rent of $578 while Units have a median rent of $480.
There are currently 21 properties listed for sale, and 7 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 2753

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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.