10/2 Rotherwood Street, Richmond, VIC 3121 sold on 13 September 2025 | OnTheHouse
 
SOLD
Sold on 13 Sep 2025 for $390,000

10/2 Rotherwood Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 585m2
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Sold By
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McGrath South Yarra
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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.

Building Type
Unit
Year Built
1970
Floor Size
36m2
Land Size
585m2
Local Government
Yarra
Lot/Plan
10/RP7740

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

- Contemporary kitchenette featuring a contemporary electric cooker
- 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)

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Property History for 10/2 Rotherwood St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$390,000
13 Sep 2025
Listed for Rent
$320/w
29 Jul 2022
  • 13 Sep 2025
    Sold for $390,000
  • 12 Aug 2025
    Listed for Sale $390,000
  • 29 Jul 2022
    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 22,572 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.

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© Copyright 2025. 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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