SOLD
Sold on 20 Dec 2023 for $650,000

7/71 River Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 14200m2
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Hodges South Melbourne
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Property Details for 7/71 River St, Richmond

7/71 River St, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 14200m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
75m2
Land Size
14200m2
Local Government
Yarra
Lot/Plan
7A/PS502581

Last Listing description (June 2023)

This large, second floor, modern Richmond apartment ticks all the boxes! Located just a hop skip and a jump from Bridge Road trams, pubs, restaurants and shops it is bound to impress! The spacious air conditioned lounge is big enough for a proper table and chairs, plus couch/tv setup. Double sliding doors open to a large balcony that would easily fit a BBQ, table and chairs. The kitchen features stainless steel appliances and dishwasher, the oversized master bedroom features WIR's to a very slick ensuite, the large second bedroom has BIR's and to top it off there is a sparkling second bathroom with European laundry. The property also features a secure basement car space and access to the buildings facilities including gym, sauna and heated indoor 25m lap pool.

Properties like this don't last long, so come down to the inspection and get your applications in!

NOTE: INSPECTION TIMES SUBJECT TO CHANGE WITHOUT NOTICE

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Property History for 7/71 River St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$650,000
20 Dec 2023
Listed for Rent
$480/w
26 Jun 2020
  • 20 Dec 2023
    Sold for $650,000
  • 09 Nov 2021
    Sold for $625,000
  • 09 Nov 2021
    Listed for Rent - Price not available
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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 22,205 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.
There are currently 65 properties listed for sale, and 63 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 908 properties were sold in the past 12 months in Richmond.

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