1/23 River Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

1/23 River Street
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 2559m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Dec 2025
Low

High
Save

Property Details for 1/23 River St, Richmond

1/23 River St, Richmond is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 2559m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Floor Size
107m2
Land Size
2559m2
Local Government
Yarra
Lot/Plan
13/PS404599

Last Listing description (June 2022)

A testament to versatility & convenience, this serene hideaway enjoys a first-class positioning alongside Melbourne's iconic Yarra River and is embraced by a picturesque avenue offering a remarkable lock-up & leave lifestyle in close proximity to everything. Nestled amongst a beautiful, boutique complex, this free-flowing three-bedroom, two-bathroom residence champions a generous open plan design ripe for a contemporary touch.

- Generous open plan interiors create a seamless configuration framed by a stunning colourful outlook which extends out to a treetop balcony with views across the Yarra River & surrounding tree life teaming with native animal & birdlife
- A fantastic floor plan comprising an expansive living & dining precinct adjacent to a centrally located stone kitchen adorned with tiled splashbacks, premium stainless-steel appliances, and breakfast bar. Three spacious bedrooms, ample storage throughout and ducted heating & evaporative cooling

- Primed for a modern makeover, this flexible opportunity allows its new buyer to modernise and further add value to their remarkable purchase over the years to come
- Parents are certain to relish the spacious master bedroom comprising liberal walk-in robe, lavish ensuite with vanity, spa bath & shower as well as private access to the sweeping balcony setting
- The home is adequately equipped with two sparkling bathrooms, guest powder room and a seamless European laundry with linen press storage
- Perfectly private & secure the home offers intercom access and includes secure underground double car tandem parking on title

Residing within a highly sought-after pocket renowned for its serene lifestyle and utmost convenience, you're just a leisurely stroll from the Yarra Walking Trail, trams & trains, Burnley Park, Trinity Catholic School and a plethora of cafes, restaurants, and shops all within close proximity.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property History for 1/23 River St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,060,000
17 Jun 2022
Listed for Rent
$350/w
15 Jul 2005
  • 17 Jun 2022
    Sold for $1,060,000
  • 12 May 2022
    Listed for Sale $1.1m-$1.2m
  • 15 Dec 2005
    Sold for $457,500
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 22,572 properties. Over the last 5 years, Houses in Richmond have seen a 10.22% increase in median value, while Units have seen a 7.14% increase. As at 31 October 2025:

  • The median value for Houses in Richmond is $1,444,725 while the median value for Units is $637,423.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 58 properties listed for sale, and 59 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 947 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.