178-180 Victoria Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

178-180 Victoria Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
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Land area: 456m2
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Property Details for 178-180 Victoria St, Richmond

Building Type
Commercial
Land Size
456m2
Local Government
Yarra
Lot/Plan
1/TP19977

Last Listing description (September 2021)

CBRE Melbourne Strip Retail Investments together with Gross Waddell are proud to present to the market, 178-180 Victoria Street, Richmond being offered for sale via Public On-Site Auction Wednesday 30th August at 2:30pm.

We highlight some key features below:

- Being offered with vacant possession this property provides the ultimate flexibility

- An expansive 462sqm* landholding with dual access points that lends itself to owner occupiers, value add investors & developers (STCA)

- Conveniently serviced by public transport amenity including Victoria Street tram services & nearby North Richmond Train Station, providing easy access to & from the CBD & surrounding suburbs

- Strategically located in the heart of Melbourne's famous Vietnamese restaurant precinct & only metres from Woolworths, Aldi & other complementary retailers

CBRE Melbourne Strip Retail Investments

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

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Property History for 178-180 Victoria St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$3,547,500
30 Aug 2017
Listed for Rent
08 Jul 2019
  • 02 Sep 2021
    Listed for Sale SOLD - $3,547,500
  • 24 May 2019
    Listed for Rent - Price not available
  • 18 Feb 2019
    Listed for Rent - Price not available
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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 22,684 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 67 properties listed for sale, and 76 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1063 properties were sold in the past 12 months in Richmond.

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© Copyright 2026. 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.

Disclaimer
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