SOLD
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Sold on 05 Oct 2024 for $1,460,000

55 Kent Street
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 323m2
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Property Details for 55 Kent St, Richmond

55 Kent St, Richmond is a 3 bedroom, 1 bathroom House. The property has a land size of 323m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Richmond in the last 12 months.

Building Type
House
Land Size
323m2
Local Government
Yarra
Lot/Plan
1/TP966192

Last Listing description (September 2024)

This is your chance to secure a rare and highly sought-after period home, set on a generous 323 sqm (approx.) block with rear access via Little Buckingham Street. Nestled in Richmond's premiere family-friendly pocket. This property offers a unique blend of charm, space, and endless potential, perfect for those seeking a place to call home or an exceptional investment/development opportunity* with no heritage overlay.Property Highlights: Land dimensions: 8.84m x 36.58m (323 sqm approx.) North-facing backyard: Natural light that floods the yard, offering ample space for entertaining, gardening, or future extensions*. Three bedrooms: Providing space and comfort for growing families. Central bathroom with separate toilet The living room with open fireplace offers a central hub for relaxation and family gatherings. Kitchen and meals area: With potential to modernize or expand. Separate laundry: Offering additional storage and convenience. High Ceilings Lock-up garage: Secure parking for one car with additional off-street parking space available.Whether you're looking to create your dream home, extend, or completely reimagine the property (STCA), this versatile home on a sizeable allotment is a blank canvas ready for your vision. The north-facing yard makes this home a standout for those keen on a renovation project, while developers will appreciate the potential for a multi-dwelling redevelopment*. Richmond is renowned for its vibrant community, and this property enjoys an enviable position with a multitude of amenities just moments away: Family conveniences: Several primary and secondary schools right on your doorstep ensures ease of access for growing families (St Ignatius, St James, Yarra Primary, Lynal Hall). Transport: Close to multiple tram routes providing easy connectivity to the CBD and surrounding suburbs. Retail and dining: Victoria Gardens Shopping Centre is within one block, offering retail, dining, and entertainment options, while the diverse culinary delights of Victoria Street, Bridge Road's iconic pubs, and Swan Street's trendy cafes and restaurants are all nearby. Parks and recreation: Enjoy green spaces at Citizens Park, the Richmond Recreation Centre, Yarra River and nearby sporting facilities, ideal for an active lifestyle.A Rare Opportunity Awaits. Whether you're an investor, developer, or family looking for a home with room to grow.*Subject to council approval.

Property History for 55 Kent St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,460,000
05 Oct 2024
  • 05 Oct 2024
    Sold for $1,460,000
  • 10 Sep 2024
    Listed for Sale $1,180,000 - $1,250,000

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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 22,332 properties. Over the last 5 years, Houses in Richmond have seen a 13.68% increase in median value, while Units have seen a -0.18% decrease. As at 30 September 2024:

  • The median value for Houses in Richmond is $1,408,440 while the median value for Units is $611,438.
  • Houses have a median rent of $775 while Units have a median rent of $575.
There are currently 69 properties listed for sale, and 71 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 958 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Steveway Real Estate
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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.