SOLD
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Sold on 15 Dec 2023 for $910,000

14/50 Palmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 14/50 Palmer St, Richmond

14/50 Palmer St, Richmond is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Townhouse sold in Richmond in the last 12 months.

Building Type
Townhouse
Local Government
Yarra
Lot/Plan
14/PS428730

Last Listing description (December 2023)

Stylishly choreographed over two levels, this oversized top floor 2 bedroom/2 bathroom ‘Palmer Place’ town residence offers an indulgent entertainer’s lifestyle in the heart of cosmopolitan Richmond.

Flooded with natural light and showcasing uninterrupted night light views across Richmond, Toorak and South Yarra, a capacious open-plan layout includes expansive living and dining spaces connecting to a brilliant alfresco viewing and entertaining terrace, fully-appointed kitchen with excellent storage, twin upstairs main bedrooms each with sparkling ensuites and fitted built-in-robes, Euro laundry, entry level powder room, reverse cycle heating/cooling, intercom entry, secure foyer, lift access to basement car-space, plus eligibility for two City of Yarra parking permits.

Perfect for professionals and investors alike, this timeless abode is close to a host of lifestyle attractions, including Bridge Road shopping and eateries, Citizens Park, city-bound transport and easy access to Melbourne Sports and Entertainment Precinct, iconic MCG, Yarra parklands and the Monash freeway.

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Property History for 14/50 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$910,000
15 Dec 2023
  • 13 Dec 2023
    Sold for $910,000
  • 24 Oct 2023
    Listed for Sale $875,000 - $925,000
  • 14 Jul 2018
    Sold for $875,000
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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 22,219 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 73 properties listed for sale, and 66 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 919 properties were sold in the past 12 months in Richmond.

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