1/87 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

1/87 Westbank Terrace
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
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Last updated 6 Jul 2026
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Property Details for 1/87 Westbank Tce, Richmond

1/87 Westbank Tce, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 54m2.

Building Type
Unit
Year Built
1970
Floor Size
54m2
Local Government
Yarra

Last Listing description (September 2015)

Instantly impressive as a one bedroom apartment in a pivotal Richmond position, this great ground level property is dramatically distinguished by its outdoor dimensions - where huge is the only word that will do justice to the size and the appeal. The interior proportions are complemented by gleaming polished parquetry floors, reverse cycle heating/cooling and a private courtyard retreat while an open plan kitchen with its own aspect across the court features a fit out defined by granite surfaces and stainless steel appliances. Sunshine and style accompany the brilliant double bedroom, further enhanced by built in robes, a fully tiled ensuite and, best of all, French doors to the expansive undercover deck and spectacular outdoor spaces - a serene, sunny escape with its own discreet gate to the street. A dedicated car space is an extra element of an apartment with a garden far larger than that of so many Richmond homes, situated to enjoy Bridge Road, Swan Street and the river.

Property History for 1/87 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
  • 04 Aug 2015
    Listed for Sale Estimate $450,000 - $470,000
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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 22,783 properties. Over the last 5 years, Houses in Richmond have seen a -6.21% decrease in median value, while Units have seen a 0.51% increase. As at 30 June 2026:

  • The median value for Houses in Richmond is $1,428,567 while the median value for Units is $652,166.
  • Houses have a median rent of $895 while Units have a median rent of $600.
There are currently 68 properties listed for sale, and 72 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1050 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.