SOLD
Sold on 17 Feb 2024 for $922,000

53/69 Palmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 84m2
Land area: 2425m2
Sold By
Jellis Craig
Save

Property Details for 53/69 Palmer St, Richmond

53/69 Palmer St, Richmond is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 2425m2 and floor size of 84m2. 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
2006
Floor Size
84m2
Land Size
2425m2
Local Government
Yarra
Lot/Plan
53/PS536991

Last Listing description (March 2024)

Soaked in splendid northerly sunlight, this third floor gem provides a unique oasis with an array of outstanding features and sweeping views of Richmond and Melbourne's city skyline. Beautifully presented throughout, this spacious apartment showcases a north facing open plan living and dining area, complemented by an expansive wrap around alfresco terrace with established gardens offering a seamless indoor/outdoor entertainment haven. A sleek well appointed kitchen features premium stone benches and splashbacks, high end appliances and clever storage cupboards together with an adjoining, similarly fitted European laundry. The two bedrooms have direct terrace access and generous built in robes, with stylish ensuite and central bathroom servicing master and guest room respectively. The home also offers two secure basement car parks and a spacious storage cage. Additional features include reverse cycle air conditioning throughout, ceiling fans, CBUS LED lighting, premium timber flooring, remote control awning to terrace and secure video intercom access control system. This well renowned Omiros One Architecture's 'Nexus' building offers a large residents' pool and entertaining area as well as a central hot water system servicing all apartments. It is superbly located, just steps away from Bridge Road cafes and city trams, and close by Victoria Gardens, idyllic Yarra trails, Richmond nightlife, parks and respected schools.

Property History for 53/69 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$922,000
17 Feb 2024
Listed for Rent
$700/w
09 Dec 2016
  • 17 Feb 2024
    Sold for $922,000
  • 23 Jan 2024
    Listed for Sale $850,000 - $935,000
  • 29 Nov 2016
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 22,222 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 72 properties listed for sale, and 66 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 916 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

Market Insights
Richmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Richmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.