123 Somerset StreetRichmond VIC 3121
Property Details for 123 Somerset St, Richmond
123 Somerset St, Richmond is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 184m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Richmond in the last 12 months.
Last Listing description (September 2015)
A double fronted Victorian fa ade of traditional character delivers pleasing first impressions, complemented inside by this three bedroom home's accommodating, previously renovated proportions close to Victoria Gardens, Bridge Road and easy public transport options for travel to the city. As a significant added attraction, straightforward scope to undertake a contemporary renovation when so desired is enhanced by the natural bonus of bright light from north facing rear aspects. Currently entirely comfortable, the three double bedrooms are arranged around a substantial central living/dining space and a huge open plan kitchen while a versatile adjoining sunroom zone leads to a courtyard offering sunny low maintenance privacy. The bathroom's functionality, complemented by a separate laundry, give further impetus to plans for a state-of-the-art makeover and an upstairs extension, STCA, ensuring a family future for a home with a long standing inner city history.
Property History for 123 Somerset St, Richmond, VIC 3121
- 27 Oct 2023Sold for $1,850,000
- 05 Sep 2015Sold for $1,050,000
- 11 Aug 2015Listed for Sale POA
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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 22,330 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.
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