1 Koorang Lane, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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1 Koorang Lane
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 65m2
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Last updated 2 Feb 2026
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Property Details for 1 Koorang Lane, Richmond

1 Koorang Lane, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 65m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
Unit
Year Built
2012
Floor Size
92m2
Land Size
65m2
Local Government
Yarra
Lot/Plan
2/PS703432

Last Listing description (October 2018)

This striking architecturally designed town residence is distinguished by captivating contemporary style, premium fixtures and state of the art technology. This domain is easily maintained and highly functional, enhanced by polished concrete floors complete with slab heating. The open plan living and dining area comprises an impeccable kitchen fitted with Miele appliances, stone benchtops and soft close cabinetry. Full height and width glass absorb plenty of natural light and create a seamless connection to the outstanding balcony. The main bedroom retreat, privately positioned on the top floor, encompasses city views, peaceful study nook and a luxurious ensuite, while the ground floor second bedroom enjoys a courtyard and sleek bathroom. Additional features include European laundry, energy efficient lighting, ducted air conditioning and garage. Peacefully set in a quiet lane, this address is only steps from exceptional lifestyle amenities including Bridge Road and Victoria Street's cafes and restaurants, Citizens Park, the Yarra River, bike paths and a selection of trams.

Property History for 1 Koorang Lane, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,005,000
22 Sep 2018
Listed for Rent
$840/w
17 Jan 2018
  • 22 Sep 2018
    Sold for $1,005,000
  • 28 Aug 2018
    Listed for Sale Auction 22/09/18
  • 09 Jan 2018
    Listed for Rent - Price not available
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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 10.41% increase in median value, while Units have seen a 5.11% increase. As at 31 December 2025:

  • The median value for Houses in Richmond is $1,507,396 while the median value for Units is $649,076.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 53 properties listed for sale, and 47 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 990 properties were sold in the past 12 months in Richmond.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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