106/38 Elizabeth St, Richmond is a 1 bedroom, 1 bathroom Unit and was built in 2017. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 1 bedroom Unit sold in Richmond in the last 12 months.
Nestled in the contemporary Light Edge complex by BPM, residence 106 offers an exceptional opportunity to secure a stylish and low-maintenance residence in the heart of Richmond. This well-appointed one-bedroom, one-bathroom apartment is perfectly suited for first-home buyers, professionals, or investors seeking a premium inner-city lifestyle with every convenience at their doorstep.
Ideally located, the property is just moments from Melbournes premier dining strips, vibrant shopping precincts, and some of the city's most glorious parklands. Enjoy easy access to the CBD, the MCG, and cultural hubs, all while being surrounded by the energy and charm of Richmond. Commuting is effortless with nearby public transport options, including a local bus stop and North Richmond train station, placing the entire city within easy reach.
The apartment itself features quality finishes and thoughtful inclusions, such as a secure intercom entry, split-system heating and cooling for year-round comfort, and a dedicated storage cage. Combining location, lifestyle, and liveability, this established residence presents a rare opportunity to experience the very best of urban Melbourne living.
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 22,724 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:
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