SOLD
Sold on 10 Feb 2024 for $410,000

601/253 Bridge Road
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 3531m2
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Property Details for 601/253 Bridge Rd, Richmond

601/253 Bridge Rd, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 3531m2 and floor size of 48m2. 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
2011
Floor Size
48m2
Land Size
3531m2
Local Government
Yarra
Lot/Plan
601/PS617016

Last Listing description (March 2024)

Located on the 6th floor of the ARK development is this well-appointed one bedroom apartment with City views. Enjoy the convenience of access from either Bridge Road or Hull Street. Everything that Richmond has to offer is right at the doorstep.

- Bedroom with mirrored built in robes
- Living area with sliding glass door leading to balcony

- Open plan kitchen with Miele gas stainless steel cooking and Fisher & Paykel dishwasher
- Modern bathroom
- European laundry
- Split system heating/air conditioning
- Communal gym
- Theatre to seat 30 people which can be booked by all occupants through the Owners Corporation (offers Foxtel, Blue-ray or free to air viewings)
- Secure entry with video intercom
- Secure off street car park (not a stacker)
- Storage cage
- Close to public transport, Citizens Park and West Richmond train station

Property currently leased to 17th February 2024 @ $2064 pcm

Property History for 601/253 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$410,000
10 Feb 2024
  • 10 Feb 2024
    Sold for $410,000
  • 05 Dec 2023
    Listed for Sale Private Sale $400,000 - $420,000
  • 11 Sep 2009
    Sold for $414,000

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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 22,210 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 70 properties listed for sale, and 65 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 914 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Adam Hicks
Show contact details
Ray White Ascot Vale
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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.