117 Somerset StreetRichmond VIC 3121
Property Details for 117 Somerset St, Richmond
117 Somerset St, Richmond is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 368m2 and floor size of 280m2. While the property is not currently for sale or for rent, it was last transferred in September 2023.
Last Listing description (January 2013)
POSITION, PROSPECTS AND POTENTIAL - PERFECT
GENEROUS, TRADITIONAL PROPORTIONS, A NORTH FACING BACKDROP OF IMPRESSIVE DEPTH AND A POSITION THAT SURROUNDS ITSELF WITH ALL RICHMOND''S LEADING LIFESTYLE ASSETS, INCLUDING BRIDGE ROAD, VICTORIA GARDENS AND CHURCH STREET, MAKE THIS DOUBLE FRONTED VICTORIAN A RICHLY REWARDING OPPORTUNITY. 3 BEDROOMS LINING A CLASSICAL ARCHED HALL LEAD TO COMFORTABLE, WELL MAINTAINED LIVING AND DINING AREAS ACCOMPANIED BY A LARGE OPEN PLAN KITCHEN. AN UPDATED BATHROOM COMPLETES THE CURRENT DAY FLOOR-PLAN WHILE TO THE REAR, UNDER-COVER DECKING, A PRIVATE GARDEN RETREAT, VERSATILE BUNGALOW AND GARAGE WITH WORK-SHOP/STORAGE UNDERLINE THE APPEAL OF THE ALLOTMENT. NO HERITAGE OVERLAY - TWO STREET FRONTAGES - POTENTIAL FOR REDEVELOPMENT (STCA). LAND: 10.06M X 36.58M, 368SQM (APPROX)
Property History for 117 Somerset St, Richmond, VIC 3121
- 20 Sep 2023Transferred
- 23 Feb 2013Sold for $1,300,000
- 31 Jan 2013Listed for Sale Not Disclosed
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0About 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 22,787 properties. Over the last 5 years, Houses in Richmond have seen a -6.21% decrease in median value, while Units have seen a 0.51% increase. As at 30 June 2026:
- The median value for Houses in Richmond is $1,428,567 while the median value for Units is $652,166.
- Houses have a median rent of $895 while Units have a median rent of $600.
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