SOLD
Sold on 04 Apr 2024 for $371,000

604/120 Palmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 38m2
Land area: 650m2
Sold By
Jellis Craig Richmond & Surrounds
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Property Details for 604/120 Palmer St, Richmond

604/120 Palmer St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 650m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
38m2
Land Size
650m2
Local Government
Yarra
Lot/Plan
604/PS628087

Last Listing description (June 2024)

Expressions of Interest

Offering mesmeric outlooks from its stunning sixth floor vantage, this stylish and sophisticated residence serves as an easily kept first home, investment, or downsizer base with Bridge Road's wealth of amenities mere seconds away. Making clever use of its impressive space, comfortable proportions extend to a bright bedroom, handily serviced by mirrored robes and a smart bathroom with rain shower. Accentuating the home's on trend appeal, light and dark features strike a chic contrast, with full height windows bringing sublime natural light to an open living/dining area. A home width terrace offers a stunning space to take in vivid sunset hues, looking out at the iconic Pelaco sign, MCG, and entire cityscape beyond. With a Fisher & Paykel DishDrawer joined by a stainless oven and gas top, highlights include high grade stone surfaces to kitchen and bathroom, reverse cycle heating and cooling, a video intercom, European laundry, and garage space with added storage. Brilliantly placed by scenic Yarra trails and East Richmond's famed nightspots, it's an easy walk to city, Chapel Street, and MCG trams, Victoria and Swan Street lifestyle hubs, and Victoria Gardens Shopping Centre.

Property History for 604/120 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$371,000
04 Apr 2024
Listed for Rent
$350/w
26 Oct 2020
  • 04 Apr 2024
    Sold for $371,000
  • 05 Mar 2024
    Listed for Sale $360,000 - $390,000
  • 25 Sep 2020
    Listed for Rent $350 / 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 22,330 properties. Over the last 5 years, Houses in Richmond have seen a 19.38% increase in median value, while Units have seen a 4.09% increase. As at 31 August 2024:

  • The median value for Houses in Richmond is $1,450,223 while the median value for Units is $622,221.
  • Houses have a median rent of $760 while Units have a median rent of $575.
There are currently 71 properties listed for sale, and 72 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 949 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.