202/386 Burnley Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

202/386 Burnley Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 63m2
Land area: 1122m2
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Last updated 28 Sep 2026
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Property Details for 202/386 Burnley St, Richmond

202/386 Burnley St, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 1122m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
Unit
Year Built
2018
Floor Size
63m2
Land Size
1122m2
Local Government
Yarra
Lot/Plan
202/PS735419

Last Listing description (October 2026)

Urban Living at Its Best - Modern Apartment in the Heart of Richmond with Strong Rental Return

Welcome to the ultimate city-edge lifestyle. Perfectly positioned in one of Richmond's most connected pockets, this contemporary 2-bedroom, 2-bathroom apartment with a secure car space delivers exceptional convenience, comfort and investment appeal.

Step outside and enjoy the vibrant energy of inner-city Melbourne. You're just a short stroll to Burnley Train Station, a 1-minute drive to the Burnley Tunnel, and only 5 minutes from the CBD. Downstairs, take advantage of a buzzing selection of cafes, restaurants and boutique shops, while premier entertainment venues and nightlife are all within easy reach.

Inside, the apartment feels light, fresh and inviting, recently updated with new paint throughout. The open-plan living and dining area flows effortlessly onto your private balcony - the ideal spot to unwind or entertain. Thoughtfully designed for low-maintenance living, the home includes:

Split-system heating and cooling
Dishwasher and quality oven
Secure building access with excellent security
Move-in ready presentation

Investor Highlight:
Currently leased at $2,912 per month with a secure 12-month tenancy, this property offers a reliable rental return and outstanding investment opportunity in a high-demand location.

Whether you're looking for a high-performing first investment property or adding to your existing portfolio, this apartment ticks every box. With modern comfort, excellent rental appeal and a lifestyle address second to none, this is an opportunity that promises strong long-term value.

Experience the true Melbourne lifestyle - vibrant, connected and full of energy - all from your new Richmond address.

Disclaimer: All stated dimensions, measurements, property information, and nearby amenities are provided in good faith and are for general information purposes only. Prospective purchasers should make their own enquiries and conduct their own due diligence to verify the accuracy of all information. In accordance with Consumer Affairs Victoria guidelines, the photographs used in this advertisement may have been digitally enhanced, edited, or virtually staged for illustrative and marketing purposes. While every effort has been made to present the property as accurately as possible, buyers are encouraged to inspect the property in person and rely on their own investigations before making any purchasing decision.

Property History for 202/386 Burnley St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$575,000
17 Mar 2016
Listed for Rent
$670/w
08 Dec 2025
  • 06 May 2026
    Listed for Sale Private Inspections Only
  • 27 Nov 2025
    Listed for Rent $670 / week
  • 22 Oct 2025
    Listed for Sale $600,000 - $650,000
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the 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 22,747 properties. Over the last 5 years, Houses in Richmond have seen a -11.55% decrease in median value, while Units have seen a -1.96% decrease. As at 31 August 2026:

  • The median value for Houses in Richmond is $1,381,048 while the median value for Units is $644,082.
  • Houses have a median rent of $895 while Units have a median rent of $625.
There are currently 61 properties listed for sale, and 56 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1033 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.