10/2 Rotherwood StreetRichmond VIC 3121
Property Details for 10/2 Rotherwood St, Richmond
10/2 Rotherwood St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 585m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 1 bedroom Unit sold in Richmond in the last 12 months.
Last Listing description (November 2025)
Sold by McGrath South Yarra
This bright and inviting 1-bedroom gem offers exceptional lifestyle convenience. Enjoy a flourishing local caf culture, boutique shopping, plentiful amenities, and seamless tram access, all mere moments from the MCG and Melbourne's CBD.
- Sun-drenched living space with sleek flooring, stylish window furnishings, and efficient split system heating/cooling & new electric panel heaters fitted throughout apartment
- Refreshed ensuite bathroom
- Shared laundry facilities located within the building for your added practicality
- Secure entry complemented by parking for one vehicle along with permit available for more parking spaces - a very rare find in such a central location
- Potential gross rental return of $450$475 per week (approx. $25,000 per annum), with the option to retain all appliances and furnishings. Offers strong short-term rental potential via Airbnb, with gross income of up to $30,000 per annum (supported by historical statements)
- Low owners corporation fee (approx. $400 a quarter)
Property History for 10/2 Rotherwood St, Richmond, VIC 3121
- 13 Sep 2025Sold for $390,000
- 12 Aug 2025Listed for Sale $390,000
- 29 Jul 2022Listed for Rent - Price not available
Recent sales nearby
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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 22,568 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.
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