501/171 Buckingham Street, Richmond, VIC 3121 | Apartment for sale | OnTheHouse
 
FOR SALE
$438,000 - $458,000

501/171 Buckingham Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Spacious North-Facing Apartment in Boutique Lily Garden

Open inspection: Meet at 70 Burnley St Richmond
Positioned within the highly regarded Lily Garden development, this contemporary 1-bedroom, 1-bathroom apartment with a secure basement car park presents an outstanding opportunity for first home buyers, investors, and professionals seeking premium inner-city living.
Enjoying a desirable north-facing aspect, Apartment 501 is filled with natural light throughout the day and offers a spacious, thoughtfully designed floorplan that maximises both comfort and functionality.
The generous open-plan living and dining area flows seamlessly to a private balcony, creating the perfect space to relax or entertain. The contemporary kitchen is beautifully appointed with stone benchtops, quality appliances, and ample storage, delivering both style and practicality.
The oversized bedroom includes built-in robes and is serviced by a modern bathroom featuring premium fixtures and finishes.
Completed just three years ago, Lily Garden is one of Richmond's most sought-after residential communities, offering boutique living within an exclusive building of only 49 residences.
Property Highlights:
- Spacious north-facing apartment filled with natural light
- Generous bedroom with built-in robe
- Modern bathroom with quality finishes
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Property Details for 501/171 Buckingham St, Richmond

501/171 Buckingham St, Richmond is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Amity Real Estate.

Building Type
Apartment
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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 22,791 properties. Over the last 5 years, Houses in Richmond have seen a -10.28% decrease in median value, while Units have seen a -0.25% decrease. As at 31 July 2026:

  • The median value for Houses in Richmond is $1,386,330 while the median value for Units is $653,806.
  • Houses have a median rent of $885 while Units have a median rent of $620.
There are currently 62 properties listed for sale, and 53 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1084 properties were sold in the past 12 months in Richmond.

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Ben Wong
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