601/120 Palmer StreetRichmond VIC 3121
Property Details for 601/120 Palmer St, Richmond
601/120 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 March 2024. There are other 2 bedroom Unit sold in Richmond in the last 12 months.
Last Listing description (March 2024)
Defined by open space and spectacular outlooks, this tremendous top floor prize offers a bright and relaxing ambiance with immediacy to the eclectic restaurants and world class coffee synonymous with Bridge Road. Framed by high ceilings, dark floors, and expanses of full height glass, an open plan entertaining section integrates the home's centrepiece, wraparound terrace, enlivened by remarkable views spanning the distant Dandenong Ranges, inspiring city skyline, and nearby MCG. A stone top kitchen boasts ample bench and soft close cabinetry, accompanied by a stainless steel Bosch oven and gas top, along with a fully integrated Fisher & Paykel DishDrawer. Served by mirrored robes, a stylish central bathroom, and ensuite plus private terrace to master, a pair of substantial bedrooms soak in brilliant passive light, while further highlights include reverse cycle heating and cooling, a European laundry, video intercom, and garage space with cage. Placed at the heart of historic and energetic Richmond, it's a short walk to lively Swan and Victoria Streets, renowned nightspots, idyllic Yarra trails, city trams, Epworth Hospital, and Victoria Gardens Shopping Centre.
Property History for 601/120 Palmer St, Richmond, VIC 3121
- 15 Mar 2024Sold for $700,000
- 29 Feb 2024Listed for Sale $625,000 - $685,000
- 08 Nov 2014Sold for $640,000
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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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