SOLD
Sold on 01 Feb 2024 for $940,000

412 Bridge Road
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 140m2
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Property Details for 412 Bridge Rd, Richmond

Building Type
Commercial
Land Size
140m2
Local Government
Yarra
Lot/Plan
1/LP37790

Last Listing description (May 2023)

Spacious shop/office in corner position, Bridge Road Richmond.
Suitable for retail or office use.
On site and plenty of street parking available.

Property History for 412 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$940,000
01 Feb 2024
Listed for Rent
$40k/w
04 May 2023
  • 01 Feb 2024
    Sold for $940,000
  • 26 Jan 2023
    Listed for Rent $40,000 / year
  • 23 Nov 1980
    Sold for $45,175

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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 22,221 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 72 properties listed for sale, and 66 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 916 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.