4/9 Somerset StreetRichmond VIC 3121
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Leafy, Secure & Perfectly Positioned Near Bridge Road
Property Details for 4/9 Somerset St, Richmond
4/9 Somerset St, Richmond is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with Biggin & Scott - Richmond.
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 2016 was 27705 people. By 2021 the population was 28587 showing a population growth of 3.2% 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 over $4000 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 43.00% of the homes in Richmond were owner-occupied compared with 40.80% in 2016.
Richmond has 22,566 properties. Over the last 5 years, Houses in Richmond have seen a 13.46% increase in median value, while Units have seen a 6.96% increase. As at 31 January 2026:
- The median value for Houses in Richmond is $1,506,089 while the median value for Units is $655,807.
- Houses have a median rent of $750 while Units have a median rent of $600.
Suburb Insights for Richmond 3121
Market Insights
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