5 East Market StreetRichmond NSW 2753
Property Details for 5 East Market St, Richmond
5 East Market St, Richmond is a 4 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 543m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (August 2023)
Located in the heart of Richmond is this multi income property currently returning $101,000 per annum with scope for further returns.
Separated between ground floor commercial space of 390m2 plus mezzanine and 1st floor 2x2 bedroom residential apartments.
537sqm block of land with off street parking for 6 cars with B2 zoning
Ground floor:
Approximately 390sqm of open plan floorspace
Mezzanine floor
Bathroom facilities
Roller door access
Long term tenant in place returning $65,000pa
First floor:
2 X 2 bedroom apartments
Open plan living areas
Airconditioned
Always rented currently $36,000 pa with scope for increases
Property History for 5 East Market St, Richmond, NSW 2753
- 20 Jun 2023Sold for $1,500,000
- 23 May 2023Listed for Sale Auction
- 23 Aug 2016Listed for Rent - Price not available
Recent sales nearby
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About Richmond 2753
The size of Richmond is approximately 29.9 square kilometres. There are 19 parks, covering nearly 4.4% of the total area. The population of Richmond in 2016 was 5482 people. By 2021 the population was 5418 showing a population decline of 1.2% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 51.50% of the homes in Richmond were owner-occupied compared with 51.20% in 2016.
Richmond has 3,153 properties. Over the last 5 years, Houses in Richmond have seen a 26.63% increase in median value, while Units have seen a 36.99% increase. As at 31 August 2026:
- The median value for Houses in Richmond is $984,147 while the median value for Units is $682,819.
- Houses have a median rent of $680 while Units have a median rent of $545.
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