11/2 New Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

11/2 New Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 1988m2
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Property Details for 11/2 New St, Richmond

11/2 New St, Richmond is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1975. The property has a land size of 1988m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Townhouse
Year Built
1975
Floor Size
91m2
Land Size
1988m2
Local Government
Yarra
Lot/Plan
11/PS411801

Last Listing description (April 2024)

Sold by Justine Harris of RT Edgar Boroondara

Offering lofty sunlit spaces blended with original warehouse features highlighted by soaring ceilings and beam work, this urban retreat is the ultimate low-maintenance city living.


Sprawled over three levels in the renowned 'New York' building, enter via a designated spacious living area boasting double height ceilings, connected by an open design study space leading through to a private garage with the flexibility to be also used as a third bedroom, additional living room, home office or gymnasium, with the added convenience of a ground floor powder room and laundry. A second bedroom is positioned on the second level, serviced by a central bathroom.

A brightly lit modernised galley style kitchen with stainless steel appliances features on the top level, adjoined by a formal dining zone featuring original warehouse windows, and the master bedroom offering wall-to-wall mirrored built-in robes.

Tucked away in a quiet street, the CBD is just minutes away, as well as multiple public transport routes, Bridge Rd cafes, Yarra Park, Fitzroy Gardens, MCG and other sporting/entertainment venues all within strolling distance.

Property History for 11/2 New St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$806,500
15 Apr 2024
Listed for Rent
$495/w
14 Feb 2013
  • 15 Apr 2024
    Sold for $806,500
  • 20 Mar 2024
    Listed for Sale Expression of Interest | $700,000 - $750,000
  • 22 Feb 2020
    Sold for $754,000
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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 22,567 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 57 properties listed for sale, and 41 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 986 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.