11/53 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

11/53 Westbank Terrace
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 8112m2
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Property Details for 11/53 Westbank Tce, Richmond

11/53 Westbank Tce, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 8112m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 1997.

Building Type
Unit
Year Built
2004
Floor Size
57m2
Land Size
8112m2
Local Government
Yarra
Lot/Plan
49/PS346632

Last Listing description (July 2021)

This spacious
Newly renovated FULLY FURNISHED one bedroom apartment is sure to impress! With a large courtyard, this property is great for entertaining!

Enter via the secure large courtyard garden, and step into the spacious open plan living area. Kitchen is well appointed with stainless steel appliances and dishwasher. Concealed laundry with washer and dryer included. Large central bathroom.

Main bedroom is fitted with a queen size bed and built in robes. Head out the back door straight to your car park - this property is very secure! Also features panel heating throughout. Air conditioning unit in Bedroom.
Just a short walk to Bridge Road, Swan Street, the Yarra River, cafes, shops, trams and the Burnley Railway Station.

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Property History for 11/53 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$145,000
24 Oct 1997
Listed for Rent
$450/w
27 May 2021
  • 29 Apr 2021
    Listed for Rent $450 / week
  • 14 Dec 2017
    Listed for Rent $500 / week
  • 21 Jul 2016
    Listed for Rent $435 / week
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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 -3.75% decrease in median value, while Units have seen a -1.01% decrease. As at 31 May 2026:

  • The median value for Houses in Richmond is $1,419,063 while the median value for Units is $640,066.
  • Houses have a median rent of $880 while Units have a median rent of $600.
There are currently 73 properties listed for sale, and 77 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1053 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.