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Sold on 22 Oct 2024 - Price Unavailable

4/15 Somerset Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 4/15 Somerset St, Richmond

4/15 Somerset St, Richmond is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Richmond in the last 12 months.

Building Type
Apartment
Local Government
Yarra
Lot/Plan
4/PS439476

Last Listing description (October 2024)

Located in an intimate block of just seven, this charming apartment offers a blend of comfort and convenience in one of Richmond's most sought-after locations.

-Two spacious double bedrooms with built-in wardrobes

-Bright and airy open-plan living and dining area
-Updated kitchen with a dedicated meals area and electric cooktop
-Central bathroom complete with a relaxing bathtub
-Internal laundry facilities for added convenience
-Inviting entrance hall setting the tone for the home
-Secure entrance with intercom system
-Remote-controlled secure parking off-street
-Brand new carpeting throughout the apartment
-Potential rental income up to $28,600 per annum ($550 per week)
-Owners corporation fees approximately $2,640.00 annually

Take advantage of the prime location, with Citizens Park, the Aquatic and Recreation Centre, Gleadell Street Market, and the lively Bridge Road just a short stroll away. With easy access to public transport, Victoria Gardens shopping and cinema, and the vibrant Victoria Street nearby, this apartment offers a lifestyle of ease and enjoyment.

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Property History for 4/15 Somerset St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
22 Oct 2024
Listed for Rent
$425/w
11 May 2018
  • 22 Oct 2024
    Sold
  • 23 Aug 2024
    Listed for Sale $500,000
  • 27 Apr 2018
    Listed for Rent $425 / 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 22,234 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 66 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 925 properties were sold in the past 12 months in Richmond.

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