18/59 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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18/59 Westbank Terrace
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 8112m2
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Property Details for 18/59 Westbank Tce, Richmond

18/59 Westbank Tce, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 8112m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
1996
Floor Size
93m2
Land Size
8112m2
Local Government
Yarra
Lot/Plan
56/PS346632

Last Listing description (March 2024)

With the Yarra River and expanses of Burnley Park creating an idyllic backdrop to daily living but with the vibrancy of Richmond readily at hand this light-filled townhouse is a lifestyle offering that perfectly balances sublime serenity with inner-city convenience.

- Spanning two sun-swept levels, the home is blessed with two distinct zones a ground-floor entertaining domain and peaceful upstairs sleeping accommodation.

- Open plan and spacious, the lower level is bookended by a balcony and courtyard and includes an inviting living area and bright, well-equipped kitchen/meals area.
- Both bedrooms are of generous proportions; they are fitted with ample built-in storage and share a central semi-ensuite bathroom.
- Ready to move into or rent out, among the practicalities are heating/cooling, a European-style laundry and secure entry.
- There is also the bonus of a secure basement parking space.
- Potential rent of $750 - $800 per week ($41,600pa) approx.

This prized address is well-serviced by public transport thanks to city-bound trams on Swan Street and Burnley Station. It is also close to Melbourne Girls College and just moments to the MCG and tennis centre.

Vendor Advocacy Australia Pty. Ltd. in conjunction with BigginScott Richmond.

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 18/59 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$800,000
14 Feb 2024
Listed for Rent
$550/w
16 Nov 2020
  • 14 Feb 2024
    Sold for $800,000
  • 23 Nov 2023
    Listed for Sale Private Sale $829,000
  • 16 Nov 2020
    Listed for Rent $550 / week
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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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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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