SOLD
RECENT ADVICE
Sold on 14 Feb 2024 for $800,000

18/59 Westbank Terrace
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
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Property Details for 18/59 Westbank Tce, Richmond

18/59 Westbank Tce, Richmond is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Townhouse sold in Richmond in the last 12 months.

Building Type
Townhouse
Floor Size
101m2
Local Government
Yarra
Lot/Plan
56/PS346632

Last Listing description (February 2024)

With the Yarra River and expanses of Burnley Park creating an idyllic backdrop to daily living – but with the vibrancy of Richmond readily at hand – this light-filled townhouse is a lifestyle offering that perfectly balances sublime serenity with inner-city convenience.

- Spanning two sun-swept levels, the home is blessed with two distinct zones – a ground-floor entertaining domain and peaceful upstairs sleeping accommodation.

- Open plan and spacious, the lower level is bookended by a balcony and courtyard and includes an inviting living area and bright, well-equipped kitchen/meals area.
- Both bedrooms are of generous proportions; they are fitted with ample built-in storage and share a central semi-ensuite bathroom.
- Ready to move into or rent out, among the practicalities are heating/cooling, a European-style laundry and secure entry.
- There is also the bonus of a secure basement parking space.
- Potential rent of $750 - $800 per week ($41,600pa) approx.

This prized address is well-serviced by public transport thanks to city-bound trams on Swan Street and Burnley Station. It is also close to Melbourne Girls College and just moments to the MCG and tennis centre.

Vendor Advocacy Australia Pty. Ltd. in conjunction with BigginScott Richmond.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property History for 18/59 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$800,000
14 Feb 2024
Listed for Rent
$550/w
16 Nov 2020
  • 14 Feb 2024
    Sold for $800,000
  • 23 Nov 2023
    Listed for Sale Private Sale $829,000
  • 16 Nov 2020
    Listed for Rent $550 / 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 22,330 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.
There are currently 71 properties listed for sale, and 72 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 949 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Contact agent
Edward Hobbs
Show contact details
Phoebe Hnarakis
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Biggin & Scott - Richmond
Preferred contact:
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.