11/51-53 Somerset Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

11/51-53 Somerset Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 726m2
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Property Details for 11/51-53 Somerset St, Richmond

11/51-53 Somerset St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 726m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1970
Floor Size
63m2
Land Size
726m2
Local Government
Yarra
Lot/Plan
11/RP18012

Last Listing description (September 2020)

**INSPECT STRICTLY BY APPOINTMENT ONLY. PLEASE CONTACT AGENT FOR TIME**

Lifestyle living at its best, this well-laid out apartment is located in a very popular boutique security building with only 12 apartments in the block.

This large sunny two bedroom apartment offers a spacious living area and dining area, generous immaculate kitchen, two good sized bedrooms both with BIR's and crisp white bathroom with bath. The apartment is light filled and airy with North Easterly aspect and has off street parking for one car.

Fabulous Position close to Gleadell Market, Aquatic Centre, Richmond Reserve and easy walking distance to Bridge Road.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property History for 11/51-53 Somerset St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$504,999
07 Jul 2020
Listed for Rent
$350/w
15 Jun 2020
  • 07 Jul 2020
    Sold for $504,999
  • 18 Jun 2020
    Listed for Sale Private Sale $520,000
  • 07 May 2020
    Listed for Rent $350 / week
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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 22,568 properties. Over the last 5 years, Houses in Richmond have seen a 7.15% increase in median value, while Units have seen a 7.35% increase. As at 30 November 2025:

  • The median value for Houses in Richmond is $1,457,505 while the median value for Units is $650,028.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 52 properties listed for sale, and 51 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 956 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.