SOLD
Sold on 08 Mar 2024 for $491,000

209/1 Margaret Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Sold By
Jellis Craig Richmond & Surrounds
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Property Details for 209/1 Margaret St, Richmond

209/1 Margaret St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a 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
Local Government
Yarra
Lot/Plan
29/PS503489

Last Listing description (March 2024)

Expressions of Interest closing 14 March at 2pm

With historic pubs, corner cafes, renowned restaurants, and vibrant nightspots mere seconds away, this calm and considered lifestyle prize offers sunlit style and serenity on the fringe of Melbourne's sports and events precinct. A nod to the area's industrial past, 'Express' sees a classic, red brick facade reveal a complex rich in space and architectural smarts, with 209's sublime interior promoting generous proportion and welcomed privacy. Impressive upon entry, a lengthy entrance hall introduces a professional's study en route to a superb indoor/outdoor entertaining domain, comfortably catered for by a stone top kitchen with premium appointments. A peaceful space to enjoy a quiet coffee under morning sun, a wonderfully wide, completely covered terrace offers additional access from a sizeable bedroom, served by mirrored robes and a smart bathroom with internal laundry facilities. With highlights including heating/cooling, an intercom, garage space with added cage, and secure bicycle storage to the complex, it's steps from energetic Swan Street and Bridge Road, Yarra parks and trails, and the blissful Botanic Gardens, while the CBD sits an easy tram, train, or bicycle ride away.

Property History for 209/1 Margaret St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$491,000
08 Mar 2024
Listed for Rent
$395/w
10 Nov 2020
  • 08 Mar 2024
    Sold for $491,000
  • 21 Feb 2024
    Listed for Sale $440,000 - $480,000
  • 28 Jul 2020
    Listed for Rent $495 / 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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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.