1/16 Lambert Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

1/16 Lambert Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 403m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 1/16 Lambert St, Richmond

1/16 Lambert St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 403m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2009
Floor Size
67m2
Land Size
403m2
Local Government
Yarra
Lot/Plan
3/PS628043

Last Listing description (October 2023)

Modern and secure this boutique building of only 6 apartments is located in the middle of everything Richmond has to offer.

The contemporary apartment offers light-filled living within a short distance to South Yarra, Hawthorn, and Kew.

Offering an inviting kitchen and living space, featuring sliding glass doors that naturally extend the home to an outdoor balcony and allow natural light to flow freely through the home. Additionally polished timber floors throughout with heating and cooling along with two spacious bedrooms with built-in robes.

Property Highlights Include
• Hardwood timber floors throughout.
• Secure car space with additional shed storage on ground level.
• Enviable location surrounded by entertainment and amenity.
• Just 4km to the CBD & 10 mins walk to Victoria Gardens Shopping Centre

The MCG, Epworth Hospital, the CBD, and endless amenities are situated moments from your door, not only offering an abundance of employment opportunities, but a lifestyle matched by few other locations.

With so many options at your doorstep, you may never want to leave the neighbourhood, but when you do, getting around will be a breeze with many nearby public transport options, including trams, trains, and convenient cycling paths.

Property History for 1/16 Lambert St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$615,000
04 Oct 2023
Listed for Rent
$485/w
02 Nov 2016
  • 04 Oct 2023
    Sold for $615,000
  • 26 Sep 2023
    Listed for Sale $575,000 - $615,000
  • 20 Apr 2018
    Sold for $532,500
Sign in to see more transactions
Commute Calculator

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 22,569 properties. Over the last 5 years, Houses in Richmond have seen a 7.15% increase in median value, while Units have seen a 7.35% increase. As at 30 November 2025:

  • The median value for Houses in Richmond is $1,457,505 while the median value for Units is $650,028.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 52 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 950 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

Market Insights
Richmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Richmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.