SOLD
RECENT ADVICE
Sold on 02 Mar 2024 for $355,000

5/2 Rotherwood Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 5/2 Rotherwood St, Richmond

5/2 Rotherwood 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 March 2024. There are other 1 bedroom Apartment sold in Richmond in the last 12 months.

Building Type
Apartment
Local Government
Yarra
Lot/Plan
5/RP7740

Last Listing description (March 2024)

Perfect first home, investment or city pad! Just back from the action of Bridge Road, this inner city pied-a-terre offers the lowest maintenance lifestyle in a secure boutique block.

- Easy-living at its most stress-free, the home features a practical layout with a combined living and dining zone with views of Melbourne’s CBD.

- Open plan, the living space flows into a functional kitchen which enjoys an elevated aspect.
- Spacious double bedroom that benefits from fitted wardrobing and enjoys ensuite access to the bright bathroom with laundry taps.
- Comfort of split system heating/cooling plus the desirable highlight of assigned off-street parking.
- A perfect first home in a highly-desired position or an affordable addition to your investment portfolio.
- Low Owners Corporation fees of $400 pq approx.
- Rental Estimate: $425 per week ($22,100pa approx.)

Literally metres to cafes & pubs, as well as the city-bound tram for an effortless daily commute, there is also the Epworth Hospital nearby together with the greenery of beautiful Yarra Park that wraps the MCG sporting precinct.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

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Property History for 5/2 Rotherwood St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$355,000
02 Mar 2024
Listed for Rent
$400/w
24 Jan 2023
  • 02 Mar 2024
    Sold for $355,000
  • 29 Feb 2024
    Listed for Sale Private Sale $365,000
  • 16 Jan 2023
    Listed for Rent - Price not available
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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.
There are currently 73 properties listed for sale, and 66 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 919 properties were sold in the past 12 months in Richmond.

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Phoebe Hnarakis
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Edward Hobbs
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Biggin & Scott - Richmond
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