SOLD
Sold on 13 Feb 2024 for $755,000

503/205 Burnley Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Sold By
Jellis Craig Richmond & Surrounds
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Property Details for 503/205 Burnley St, Richmond

503/205 Burnley St, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
70m2
Local Government
Yarra
Lot/Plan
503/PS742430

Last Listing description (February 2024)

Expressions of Interest Closing Tuesday 20th February at 2pm

Enjoying exceptional proportions, this superbly positioned, configured, and appointed prize presents a first rate home or investment opportunity among the widely revered 'United' complex. A wide entrance sets a relaxing tone, with generous dimensions and abundant natural light creating a sense of space. Lined with ample glass, a sublime, north facing main section sees sliding doors reveal an expansive terrace, with quiet afternoons and summer evenings enlivened by stunning vistas across Richmond. A superb kitchen features fully integrated and stainless steel appliances, along with plentiful storage and stone bench space. A smart, fitted study accompanies two generous bedrooms, together served by full height mirrored robes, a stylish central bathroom, and master ensuite. Highlights include heating/cooling, wide oak floors, ceiling fans, a European laundry, video intercom, and garage space with further storage, while amenities span a residents' garden and barbecue entertaining space. Seconds from Bridge Road with Swan and Victoria Streets just metres away, it's steps from city and MCG trams, picturesque Yarra trails, acres of parkland, revered schools, and Victoria Gardens.

Property History for 503/205 Burnley St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$755,000
13 Feb 2024
  • 13 Feb 2024
    Sold for $755,000
  • 25 Jan 2024
    Listed for Sale $750,000 - $770,000
  • 02 Sep 2016
    Sold for $825,000

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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 22,220 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 65 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 919 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.