405/120 Palmer StreetRichmond VIC 3121
Property Details for 405/120 Palmer St, Richmond
405/120 Palmer St, Richmond is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 650m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Richmond in the last 12 months.
Last Listing description (July 2024)
Inner-city living has never been more secure. With clever use of space, this apartment seamlessly connects open plan living area with a generous external undercover balcony. Only moments to the vibrant allure of Bridge Road shopping district, parkland, handy transport links plus, the local amenities.
- Spacious open-plan living/dining areas to relaxing balcony
- Sleek and modern black stone galley kitchen plenty of storage
- Concealed European laundry in well-appointed bathroom
- Generous undercover terrace perfect for alfresco dining
- Timber laminate flooring throughout living & bedroom spaces
- Air conditioning, intercom and secure lift access
- Large lock-up storage cage in basement
- Excellent shopping and dining options on the doorstep
- A short tram ride the MCG and CBD lifestyle experiences
Property History for 405/120 Palmer St, Richmond, VIC 3121
- 06 May 2024Sold for $320,000
- 27 Mar 2024Listed for Sale Private Sale: $300,000 - $330,000
- 02 Nov 2020Sold for $315,000
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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 22,219 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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