SOLD
Sold on 03 Jun 2024 for $612,000

601/1 Palmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Sold By
Marshall White Team One
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Property Details for 601/1 Palmer St, Richmond

601/1 Palmer St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
72m2
Local Government
Yarra
Lot/Plan
601E/PS640914

Last Listing description (June 2023)

**ARRANGE AN INSPECTION TIME ONLINE - DETAILS BELOW**The highly anticipated wait is over 1 Palmer Street, Richmond, the final stage of 'JAQUES' is a must see!In particular apartment 601 has set a new level of luxury and style in Richmond!This apartment is perfectly laid out, the open plan living space flowing out to the BBQ friendly balcony. The stunning Italian kitchen is enormous, the finishes are to die for, Gaggenau appliances, integrated fridge, Grohe tap wear & LED lit drawers. The bedroom is perfectly proportioned and laid with 100% wool blend carpet and ample BIR space. The bathroom is super stylish & sophisticated and the study has generous space allowing you to work whilst enjoying the comforts of your own home.Everything is ducted, integrated, remote controlled or soft close, this apartment even has a store room in the apartment, and there is one off street car space.1 Palmer Street, Richmond wouldn't be complete without a state of the art gym filled with 'Technogym' equipment.If the above isn't enough, let's talk about location, because it's the best on offer. Situated close to Bridge Road only 100m from the Gleadell St Market, trams to the city are practically on your doorstep, shops are a stroll away but without the hustle and bustle of the main roads.If Jaques is a new word to you then it's time to get familiar. There is only but a handful of luxury apartments with the entire building only comprising 55 apartments in total and this is your chance to inspect!

Property History for 601/1 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$612,000
03 Jun 2024
Listed for Rent
$550/w
26 Apr 2018
  • 03 Jun 2024
    Sold for $612,000
  • 09 Nov 2021
    Listed for Rent - Price not available
  • 06 Jul 2021
    Listed for Rent $550 / week
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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 22,219 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 66 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.