OFF MARKET

4/16 Derby Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
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Last updated 11 Nov 2024
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Property Details for 4/16 Derby St, Richmond

4/16 Derby St, Richmond is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in December 2006.

Building Type
Unit
Year Built
1960
Floor Size
42m2
Local Government
Yarra
Lot/Plan
4/PS341153

Last Listing description (June 2024)

This 1-bedroom apartment is ideally located at the rear of the apartment complex. The apartment boats natural light and polished concrete floors.

Features include:
- Open living & dining area filled with natural light

- 1 bedroom with BIR & ensuite access
- 1 bathroom
- Kitchen offering plenty of storage and gas cooking
- Laundry facilities (located in the kitchen)
- Private courtyard
- 1 off-streetcar space
- 2 parking permits available

The property is located approx. 600m from Bridge Road shops & cafes, 800m from Swan Street restaurants & bars, 500m from Richmond Train station & public transport and 800 from the MCG.

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Property History for 4/16 Derby St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$230,000
11 Dec 2006
Listed for Rent
$425/w
06 Jul 2023
  • 05 Jun 2024
    Listed for Rent $450 / week
  • 26 Jun 2023
    Listed for Rent $425 / week
  • 01 Mar 2017
    Listed for Sale $360,000-$400,000
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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 22,210 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

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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.