14/50 Palmer Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

14/50 Palmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 111m2
Land area: 1308m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 May 2026
Low

High
Save

Property Details for 14/50 Palmer St, Richmond

14/50 Palmer St, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 1308m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2004
Floor Size
111m2
Land Size
1308m2
Local Government
Yarra
Lot/Plan
14/PS428730

Last Listing description (December 2023)

Stylishly choreographed over two levels, this oversized top floor 2 bedroom/2 bathroom Palmer Place town residence offers an indulgent entertainers lifestyle in the heart of cosmopolitan Richmond.

Flooded with natural light and showcasing uninterrupted night light views across Richmond, Toorak and South Yarra, a capacious open-plan layout includes expansive living and dining spaces connecting to a brilliant alfresco viewing and entertaining terrace, fully-appointed kitchen with excellent storage, twin upstairs main bedrooms each with sparkling ensuites and fitted built-in-robes, Euro laundry, entry level powder room, reverse cycle heating/cooling, intercom entry, secure foyer, lift access to basement car-space, plus eligibility for two City of Yarra parking permits.

Perfect for professionals and investors alike, this timeless abode is close to a host of lifestyle attractions, including Bridge Road shopping and eateries, Citizens Park, city-bound transport and easy access to Melbourne Sports and Entertainment Precinct, iconic MCG, Yarra parklands and the Monash freeway.

Property History for 14/50 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$910,000
13 Dec 2023
  • 13 Dec 2023
    Sold for $910,000
  • 24 Oct 2023
    Listed for Sale $875,000 - $925,000
  • 14 Jul 2018
    Sold for $875,000
Sign in to see more transactions
Commute Calculator

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 22,694 properties. Over the last 5 years, Houses in Richmond have seen a -0.76% decrease in median value, while Units have seen a -0.86% decrease. As at 30 April 2026:

  • The median value for Houses in Richmond is $1,435,356 while the median value for Units is $636,503.
  • Houses have a median rent of $875 while Units have a median rent of $600.
There are currently 73 properties listed for sale, and 57 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1059 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.