11/59 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

11/59 Westbank Terrace
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 8112m2
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Property Details for 11/59 Westbank Tce, Richmond

11/59 Westbank Tce, Richmond is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1998. The property has a land size of 8112m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in August 2010.

Building Type
Townhouse
Year Built
1998
Floor Size
98m2
Land Size
8112m2
Local Government
Yarra
Lot/Plan
65/PS346632

Last Listing description (May 2026)

Positioned between Swan Street and Bridge Road, this well-presented townhouse offers a practical layout, generous proportions and low maintenance living in a highly sought-after pocket. Ideal for professionals or couples, the home combines inner-city convenience with immediate access to parklands and the Yarra River.

The Home:
Open plan living and dining area with excellent natural light

Modern kitchen with stainless steel appliances, breakfast bar and ample storage
Two well-proportioned double bedrooms
Central semi-ensuite bathroom
Private balcony ideal for outdoor dining or entertaining
European laundry
Split system heating and cooling for year-round comfort in both bedrooms and loungeroom
New carpet throughout
Secure off-street parking for one vehicle

Location:
Located just 150m from Burnley Park and the Yarra River walking trails, this address offers immediate access to green space and recreation. Swan Street and Bridge Roads cafs, restaurants and retail precincts are within walking distance, along with tram services providing direct connectivity to the CBD and surrounding suburbs.

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Property History for 11/59 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$648,000
14 Aug 2010
Listed for Rent
$550/w
13 Dec 2021
  • 07 May 2026
    Listed for Rent $700 / week
  • 26 Oct 2021
    Listed for Rent $550 / week
  • 25 Nov 2014
    Listed for Rent $550 / 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 22,791 properties. Over the last 5 years, Houses in Richmond have seen a -10.28% decrease in median value, while Units have seen a -0.25% decrease. As at 31 July 2026:

  • The median value for Houses in Richmond is $1,386,330 while the median value for Units is $653,806.
  • Houses have a median rent of $885 while Units have a median rent of $620.
There are currently 61 properties listed for sale, and 53 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1090 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.