305/183 Bridge RoadRichmond VIC 3121
Property Details for 305/183 Bridge Rd, Richmond
305/183 Bridge Rd, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Richmond in the last 12 months.
Last Listing description (October 2024)
Expressions of Interest
Leased for $600PW until August 2024, this apartment provides an investor with an incredible yield opportunity. Positioned in one of the most desirable inner city locations in Melbourne, this brilliant elevated apartment delivers the ultimate contemporary convenience alongside panoramic vistas and an inviting entertaining terrace with rooftop views. Stylish modern finishes and sleek Bosch appointments feature throughout the open plan living area where timber floors establish ambience, and plenty of storage, Dekton benchtops and a striking window splashback confirm everyday suitability. Two generous bedrooms share a chic bathroom and a Euro laundry, heating and cooling, storage cage and basement garage parking complete this effervescent lifestyle proposition. Situated with Bridge Road's shops and trams on your doorstep, with Citizens Park, West Richmond train station and Melbourne's world renowned sporting precinct within easy reach. An unbeatable location with high rental demand that can't be missed.
Inspection by Private appointment
Property History for 305/183 Bridge Rd, Richmond, VIC 3121
- 19 Jul 2024Sold for $500,000
- 25 Jun 2024Listed for Sale $500,000 - $550,000
- 16 Aug 2023Listed for Rent $600 / 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 22,211 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.
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