14/39-45 Somerset Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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14/39-45 Somerset Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 1020m2
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Last updated 8 Dec 2025
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Property Details for 14/39-45 Somerset St, Richmond

14/39-45 Somerset St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1020m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1965
Floor Size
51m2
Land Size
1020m2
Local Government
Yarra
Lot/Plan
14/RP1207

Last Listing description (March 2022)

Large top floor apartment in prime central Richmond location.
In original condition, this blank canvas is ripe for renovation.

- Large living
- Generous bedroom with built in robes
- Open plan kitchen / meals with gas cooking
- Ensuite bathroom
- Around 40m2 internally
- Owner Corp fees $290pq approx.
- Off street parking on title

Metres from Citizens Park, Bridge Road and much more.

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.

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Property History for 14/39-45 Somerset St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$278,000
10 Mar 2022
  • 10 Mar 2022
    Sold for $278,000
  • 17 Feb 2022
    Listed for Sale $270,000-$285,000
  • 07 Feb 1979
    Sold for $163,000
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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 22,566 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 53 properties listed for sale, and 50 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 946 properties were sold in the past 12 months in Richmond.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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