SOLD
Sold on 15 Nov 2023 for $2,050,000

502/172 Lennox Street
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 153m2
Sold By
Elliot Gill
Jellis Craig Richmond & Surrounds
James Vine
Jellis Craig Richmond & Surrounds
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Property Details for 502/172 Lennox St, Richmond

502/172 Lennox St, Richmond is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2019. The property has a floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
153m2
Local Government
Yarra
Lot/Plan
502/PS727075

Last Listing description (December 2023)

Expressions of Interest

With uncompromising quality and attention to detail, this remarkable Richmond residence serves as a statement in contemporary luxury on the doorstep of Bridge Road's renowned retail and dining scenes. Set high inside the magnificently reimagined Herbert King building, a superb interior boasts first class fixtures and outstanding proportions, with elegant ensuites enriching each of three luxe bedrooms. A transcendent entertainer's domain, substantial living and dining sections are accompanied by a fitted bar, with a gas fire making for calm and cosy winter evenings. Offering inspiring views of the Dandenong Ranges and Melbourne's iconic skyline, a tranquil terrace makes for unforgettable occasions with friends, while an enthusiast's kitchen features a butler's pantry, and high end Miele appliances. Lavishly appointed, further highlights include ducted heating and cooling, dark timber floors, walk in and built in robes, video intercom, Sonos integrated audio, a powder room, European laundry, and two garage spaces with added storage. Steps from Swan Street bars and pubs, Victoria Street restaurants, city trains and trams, scattered parks, revered schools, and the MCG.

Note: Compliant Cladding on building and Owners Corporation fees $5,271pa.

Property History for 502/172 Lennox St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$2,050,000
15 Nov 2023
  • 15 Nov 2023
    Sold for $2,050,000
  • 24 Oct 2023
    Listed for Sale Expressions of Interest
  • 20 Dec 2021
    Sold for $2,010,000
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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 22,330 properties. Over the last 5 years, Houses in Richmond have seen a 19.38% increase in median value, while Units have seen a 4.09% increase. As at 31 August 2024:

  • The median value for Houses in Richmond is $1,450,223 while the median value for Units is $622,221.
  • Houses have a median rent of $760 while Units have a median rent of $575.
There are currently 70 properties listed for sale, and 72 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 949 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.