104/120 Palmer Street, Richmond, VIC 3121 sold on 12 March 2026 | OnTheHouse
SOLD
Sold on 12 Mar 2026 for $585,000

104/120 Palmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 84m2
Land area: 656m2
Sold By
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Buxton Stonnington
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Property Details for 104/120 Palmer St, Richmond

104/120 Palmer St, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 656m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
84m2
Land Size
656m2
Local Government
Yarra
Lot/Plan
104/PS628087

Last Listing description (April 2026)

WHAT
A stylish inner-city apartment set within a tightly held Richmond pocket, this well-designed two-bedroom, two-bathroom residence delivers modern comfort, excellent natural light and seamless indooroutdoor living. Positioned within a secure complex with lift access, the home features a generous open-plan living and dining zone flowing to a private balcony, complemented by a contemporary kitchen and two spacious bedrooms including a main with ensuite.

Two spacious bedrooms with built-in robes
Two bathrooms including main bedroom ensuite
Open-plan living and dining with balcony connection

WHY
Ideal for owner-occupiers, professionals or investors seeking low-maintenance inner-city living, this apartment offers a highly functional floorplan designed for everyday comfort. The modern kitchen is well equipped with stone benchtops, quality appliances and ample storage, while the living zone opens effortlessly to a private balcony perfect for morning coffee or relaxed entertaining. Comfort is assured year-round with split-system heating and cooling, plus the convenience of secure car accommodation.

Stone-benchtop kitchen with quality appliances
Split-system heating and cooling
Secure basement car space

WHERE
Positioned moments from the heart of Richmond, this address places you within easy reach of Swan Streets cafs, restaurants and retail, nearby parklands and excellent public transport options. Enjoy immediate access to the Main Yarra Trail for walking and cycling, while trams and trains provide effortless connectivity to the CBD, Melbournes sporting precinct and surrounding inner-city lifestyle hubs.

Walk to Swan Street dining and retail precinct
Easy access to trains, trams and the CBD
Moments from the Main Yarra Trail and parklands

Property History for 104/120 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$585,000
12 Mar 2026
  • 12 Mar 2026
    Sold for $585,000
  • 28 Jan 2026
    Listed for Sale $600,000 - $650,000
  • 01 Dec 2010
    Sold for $580,000
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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 22,687 properties. Over the last 5 years, Houses in Richmond have seen a -0.76% decrease in median value, while Units have seen a -0.86% decrease. As at 30 April 2026:

  • The median value for Houses in Richmond is $1,435,356 while the median value for Units is $636,503.
  • Houses have a median rent of $875 while Units have a median rent of $600.
There are currently 72 properties listed for sale, and 78 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1056 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.