SOLD
Sold on 05 Oct 2024 for $970,000

5/7 Sanders Place
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 109m2
Land area: 72m2
Sold By
Jellis Craig Richmond & Surrounds
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Property Details for 5/7 Sanders Pl, Richmond

5/7 Sanders Pl, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 72m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
109m2
Land Size
72m2
Local Government
Yarra
Lot/Plan
5A/PS419540

Last Listing description (October 2024)

Expressions of Interest Closing on Monday 14th October at 1pm

Delightfully quiet while revelling in the buzz of Church, Chapel, and Swan Streets, this on trend residence delivers smart, secure, and sophisticated living with entertaining placed at the fore. Fusing modern style and functional flair, a pristine interior plan stretches across two tranquil storeys, with a sunlit lower master accompanied by a walk in robe, ensuite with bath and shower, and private light court. Served by impressive robe storage and a stylish central bathroom, a sizeable upper guest room flanks a sublime focal area, with floor to ceiling glass merging a broad living/dining zone and city glimpsing terrace. A fully integrated fridge/freezer headlines a suite of Fisher & Paykel appliances, with an enthusiast's kitchen ideal for the avid home chef and regular host. Further highlights include heating/cooling, hardwood floors, a European laundry, remote controlled garage, and intercom/access control. Mere metres to pubs, restaurants, cafes, and shopping options along with city/Melbourne Park trams, East Richmond Station, quiet parks, the scenic Yarra Trail, and CityLink.

Property History for 5/7 Sanders Pl, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$970,000
05 Oct 2024
Listed for Rent
$570/w
10 Oct 2008
  • 05 Oct 2024
    Sold for $970,000
  • 27 Aug 2024
    Listed for Sale Expressions of Interest $950,000 - $990,000
  • 15 Mar 2011
    Sold for $747,500
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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.