OFF MARKET

308/1 Margaret Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 308/1 Margaret St, Richmond

308/1 Margaret St, Richmond is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Apartment
Local Government
Yarra
Lot/Plan
38/PS503489

Last Listing description (November 2023)

Experience the epitome of city-edge living in this remarkable 3rd floor apartment. Offering a harmonious blend of premium quality and low-maintenance convenience, it grants you unparalleled access to all the inner-Melbourne wonders. Step inside this stunning open-concept space, where you'll find a generously sized bedroom complete with ample robes, a chic bathroom, a welcoming dining area, and a spacious living zone. The gourmet kitchen, adorned with stainless steel appliances, beckons the culinary enthusiast in you.

Beyond its interiors, venture outside to discover a vast entertainer's terrace boasting awe-inspiring views. Additional features that enhance the allure of this residence include elegant stone benchtops and vanities, convenient laundry facilities, secure parking, a storage cage, and effortless lift access.

Located in one of Richmond's liveliest neighborhoods, this fabulous apartment invites you to stroll to Swan Street's charming cafes, Richmond Station, Yarra Park, and the iconic MCG, making it an exceptional urban oasis.

Property History for 308/1 Margaret St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$455,000
21 Nov 2023
Listed for Rent
$395/w
04 Jan 2022
  • 21 Nov 2023
    Sold for $455,000
  • 28 Sep 2023
    Listed for Sale UNDER OFFER
  • 14 Dec 2021
    Listed for Rent $395 / 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 22,222 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 75 properties listed for sale, and 67 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 924 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.