OFF MARKET

2/16 Derby Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
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Property Details for 2/16 Derby St, Richmond

2/16 Derby St, Richmond is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1970
Floor Size
40m2
Local Government
Yarra
Lot/Plan
2/PS341153

Last Listing description (April 2023)

A quiet cul-de-sac location overlooked by the MCG light towers is the perfect setting for this 1-bedroom ground-floor apartment offering the ultimate convenience to Melbournes inner-city vibrancy.

In a boutique garden block, neat interiors comprise kitchen with gas appliances and laundry facilities, a bright lounge and a double bedroom featuring built-in robes and an ensuite bathroom, while a private low-maintenance courtyard is ideal for alfresco enjoyment.

Secure off-street parking, electric heating and secure intercom entry complete a cracking opportunity enjoying the world-class sporting precinct, gorgeous East Melbourne parkland, the CBD and the retail, cuisine and transport hubs of Bridge Road and Swan Street all nearby.

Rental return $360 -$380 per week approx.

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 2/16 Derby St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$443,750
14 Apr 2023
Listed for Rent
$445/w
27 Jan 2022
  • 14 Apr 2023
    Sold for $443,750
  • 30 Mar 2023
    Listed for Sale Private Sale $435,000 - $450,000
  • 17 Jan 2022
    Listed for Rent $445 / 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 22,205 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 65 properties listed for sale, and 63 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 908 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.