SOLD
Sold on 05 Jul 2024 for $395,000

10/42 Murphy Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Land area: 609m2
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Property Details for 10/42 Murphy St, Richmond

10/42 Murphy St, Richmond is a 1 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 609m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
40m2
Land Size
609m2
Local Government
Yarra
Lot/Plan
10/RP14015

Last Listing description (June 2024)

Positioned in a quiet, leafy and secure boutique. This property comprises of a master bedroom with walk in robe and ensuite, kitchen with stainless steel appliances and breakfast bar, versatile open plan layout leading out to a balcony with privacy screen. It too boasts being within a tightly held block of only 11, a secure entrance with intercom, remote access to a secure car space, and split system air conditioning. This low maintenance apartment is metres from the vibrant heart of Richmond. Walking distance to the Yarra River, Victoria Gardens Shopping Centre and Botanic Gardens. With access to public transport, bike and walking trails only moments away.

Property History for 10/42 Murphy St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$395,000
05 Jul 2024
Listed for Rent
$450/w
27 Apr 2023
  • 05 Jul 2024
    Sold for $395,000
  • 04 Jul 2024
    Sold for $395,000
  • 09 May 2024
    Listed for Rent $475 / 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.