SOLD
Sold on 22 Mar 2024 for $506,000

205/1 Margaret Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 2740m2
Sold By
Jellis Craig Richmond & Surrounds
Save

Property Details for 205/1 Margaret St, Richmond

205/1 Margaret St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 2740m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
56m2
Land Size
2740m2
Local Government
Yarra
Lot/Plan
25/PS503489

Last Listing description (April 2024)

A luxury renovation with light filled proportions delivers a sweeping contemporary haven securely positioned on the second floor of this modern take on a warehouse conversion. Awash with abundant light open plan living and dining spaces, opening out to sweeping city views. A sleek, stone bench kitchen delivers stainless steel appliances and an electric cooktop, boasting endless storage throughout. A sizeable bedroom with a stylish framed sliding door features mirrored built in robes serviced by a modern bathroom and European laundry facilities. Includes a split system heating/cooling, intercom and lifts access to basement parking with storage cage. Enviably situated in a quiet locale yet steps from every conceivable amenity, including Richmond station, Swan Street trams, cafes, bars, shops and restaurants, Coles Supermarket, the MCG and CBD.

Property History for 205/1 Margaret St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$506,000
22 Mar 2024
  • 22 Mar 2024
    Sold for $506,000
  • 07 Feb 2024
    Listed for Sale $485,000 - $515,000
  • 13 Apr 2015
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

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

Market Insights
Richmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Richmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.