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Sold on 12 Oct 2024 for $513,500

12/53 Westbank Terrace
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
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Property Details for 12/53 Westbank Tce, Richmond

12/53 Westbank Tce, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Floor Size
58m2
Local Government
Yarra
Lot/Plan
48/PS346632

Last Listing description (October 2024)

In an exclusive residential complex moments from the river, parks and Bridge Road trams, this stylish ground-floor apartment offers an oasis of privacy and quality. Bathed in northerly light, the apartment's immaculate interior comprises one double bedroom (BIRs), central bathroom complete with marble-top vanity, spacious open-plan living/dining with glass folding doors leading to the full width north facing courtyard, kitchen with stainless steel appliances and benchtops. Additional features include split-system cooling and heating, quality carpets, European laundry, intercom/secure entry and secure undercover parking space with direct internal entry. Instant access to Yarra trails, stroll to the amenity of Bridge Rd and trams to the CBD.

Property History for 12/53 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$513,500
12 Oct 2024
Listed for Rent
$420/w
31 May 2015
  • 12 Oct 2024
    Sold for $513,500
  • 08 Aug 2024
    Listed for Sale Under Offer
  • 02 May 2015
    Listed for Rent $400 / 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 22,210 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 70 properties listed for sale, and 65 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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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.