12/47 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

12/47 Westbank Terrace
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 3134m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 17 Aug 2026
Low

High
Save

Property Details for 12/47 Westbank Tce, Richmond

12/47 Westbank Tce, Richmond is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1983. The property has a land size of 3134m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Townhouse
Year Built
1983
Floor Size
111m2
Land Size
3134m2
Local Government
Yarra
Lot/Plan
12/RP18993

Last Listing description (February 2020)

Nestled within a lush resort-style garden complex, this dual-floor apartment offers sensational space and excellent scope in a fabulous riverside location. Solid foundations and pleasing proportions point to investor or home buyer success, with expansive open-plan living/dining areas leading out to a tranquil courtyard enjoying dappled northerly sun, while the kitchen features a dishwasher and an adjoining separate laundry. Upstairs, two large double bedrooms (built-in robes) are accompanied by a bathroom and separate w/c, with secure carport parking, a private (on-title) lock-up storage room, panel heating, a/v intercom and under-stair storage also included. A communal open-air swimming pool and alfresco meals area complement the enviable lifestyle on offer, where Yarra River walking/bike trails, city-bound trams, Burnley Park and local cuisine are all within easy strolling distance.

Property History for 12/47 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$968,000
22 Feb 2020
Listed for Rent
$500/w
20 Nov 2017
  • 22 Feb 2020
    Sold for $968,000
  • 29 Jan 2020
    Listed for Sale $800,000 - $880,000
  • 31 Oct 2017
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 22,792 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 66 properties listed for sale, and 48 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1088 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

Market Insights
Richmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Richmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.