OFF MARKET

502/38 Elizabeth Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
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Property Details for 502/38 Elizabeth St, Richmond

502/38 Elizabeth St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
2017
Floor Size
51m2
Local Government
Yarra
Lot/Plan
502/PS742774

Last Listing description (June 2020)

1 bedroom 1 bathroom 1 car space 1 storage

Located on the top floor of the boutique development, which is comprising of only 31 units, this East facing, one-bedroom apartment, is not to be missed!
The property features a large living area, modern kitchen with dining area, well sized bedroom, bathroom with large shower and a very generous sized balcony capturing the views of the East.

Other features include:
- One of only 4 units on the floor
- Large internal area of an estimated 50.6m2
- Stone bench tops to the kitchen and bathroom
- "Smeg" cooking appliances
- An integrated Fisher & Paykel dishwasher
- An integrated large space for the fridge
- Durable floating floors throughout the entry and the open plan area
- Reverse cycle heating and cooling in the living area
- European laundry
- Video Intercom
- Secure entry to the building
- Single car space in the secure garage area

Richmond living at its best! The property is located close to a local farmers market, the buzzing cafes of Bridge Road and Victoria Street, public transport including North Richmond train station, reputable schools, and is within walking distance to the Melbourne's CBD, which is famous for its restaurants, laneway bars, galleries, and cultural pursuits.

Currently the property is vacant and is suitable for an owner occupier or an investor.

Preferred settlement terms: 10% deposit balance 30/45/60 days.

Open for Inspection as advertised or by Private Appointment.

For more information contact Svetlana Ocuneva on 0431 406 960 or via email on sveta@reom.com.au

Property History for 502/38 Elizabeth St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$465,000
25 May 2020
  • 25 May 2020
    Sold for $465,000
  • 08 May 2020
    Listed for Sale $480,000 - $515,000
  • 11 Jul 2017
    Sold for $485,000

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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.