506/120 Palmer StreetRichmond VIC 3121
Property Details for 506/120 Palmer St, Richmond
506/120 Palmer St, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 650m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (July 2021)
**PLEASE NOTE - BUYERS MUST REGISTER TO INSPECT**
A stunning residence of unique appeal in the renowned Niche building.
- 2 generous bedrooms
- Large open plan living/dining
- Entrance hall
- Fully equipped entertainers stone kitchen
- 2 bathrooms with stone benches
- Large L shaped terrace from living and master bedroom
- High ceilings, heating/cooling
- Off street parking
- Storage cage
- Internal 83m2 plus 23m2 terrace approx
- OC $1097pq
Moments from Bridge Road cafes and restaurants.
Yarra River and parkland close at hand.
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.
Property History for 506/120 Palmer St, Richmond, VIC 3121
- 09 Jul 2021Sold for $740,000
- 17 Jun 2021Listed for Sale $750,000-$800,000
- 15 May 2020Listed for Rent $550 / week
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0About 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 22,205 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.
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