11/50 Palmer Street, Richmond, VIC 3121 sold on 28 February 2025 | OnTheHouse
 
SOLD
Sold on 28 Feb 2025 for $925,000

11/50 Palmer Street
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 1308m2
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Property Details for 11/50 Palmer St, Richmond

11/50 Palmer St, Richmond is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 1308m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
107m2
Land Size
1308m2
Local Government
Yarra
Lot/Plan
11/PS428730

Last Listing description (November 2015)

A position that places you at the heart of Bridge Road's shopping, eateries and nightlife whilst remaining whisper quiet certainly adds irresistible lifestyle appeal to this brilliant top floor apartment's superbly spacious dual level proportions. Positioned in boutique 'Palmer Place' with uninterrupted rooftop views all the way to Toorak and South Yarra, generous open plan living, dining and entertaining dimensions include a smart house sized granite kitchen with Blanco/Bosch appliances extending to a deep alfresco terrace high above the hustle and bustle with CBD skyline and MCG glimpses. Upstairs, two oversized double bedrooms each enjoy their own stylish ensuite and fitted built in robes, the main amid those horizon views. Features entry level powder room, Euro laundry, reverse cycle heating/cooling, intercom entry and secure foyer, lift access, basement parking and eligible for two City of Yarra parking permits.

Property History for 11/50 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$925,000
28 Feb 2025
Listed for Rent
$630/w
02 Sep 2014
  • 28 Feb 2025
    Sold for $925,000
  • 07 May 2021
    Sold for $800,000
  • 17 Sep 2015
    Sold for $751,000
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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 22,569 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, 992 properties were sold in the past 12 months in Richmond.

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