SOLD
Sold on 26 Feb 2024 for $380,000

12/16 Derby Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 39m2
Sold By
Little Real Estate Victoria
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Property Details for 12/16 Derby St, Richmond

12/16 Derby St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
39m2
Local Government
Yarra
Lot/Plan
12/PS341153

Last Listing description (March 2024)

Superbly situated in a peaceful pocket of Richmond Hill, this first-floor one-bedroom apartment offers breathtaking views of the city skyline and MCG.

Features:
- Spacious open-plan living with large light-filled picture windows

- Adjoining kitchen with excellent bench space and stainless-steel appliances
- Large air-conditioned bedroom with built-in robes and commanding city skyline and MCG views
- Ensuite bathroom featuring a walk-in shower and shelving
- Room for a Euro-style laundry in the kitchen
- Panel heating in the living room, split-system air-conditioning in the bedroom
- Freshly painted throughout, roller blinds, sleek flooring
- Video intercom entry for added security
- Leafy central shared garden for relaxation
- One secure off-street car parking
- Conveniently located between Swan Street and Bridge Road, residents can enjoy easy access to trams, Richmond trains, Yarra Park greenery, supermarket shopping, the popular Rowena Corner Store for morning coffee, and the iconic MCG for weekly sporting activities.

*IMPORTANT* Whilst every care is taken in the preparation of the information contained in this marketing, LITTLE Real Estate, will not be held liable for any error in typing or information. All information is considered correct at the time of advertising.

Prior to applying for the property, please ensure any specific requirements have been discussed with your preferred service providers.

Property History for 12/16 Derby St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$380,000
26 Feb 2024
Listed for Rent
$275/w
22 Jul 2021
  • 21 Mar 2024
    Listed for Rent - Price not available
  • 26 Feb 2024
    Sold for $380,000
  • 19 Jan 2024
    Listed for Sale $360,000 - $385,000
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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 22,205 properties. Over the last 5 years, Houses in Richmond have seen a 3.86% increase in median value, while Units have seen a 0.62% increase. As at 31 October 2024:

  • The median value for Houses in Richmond is $1,391,709 while the median value for Units is $612,696.
  • Houses have a median rent of $775 while Units have a median rent of $575.
There are currently 68 properties listed for sale, and 63 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 914 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.