2/89 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

2/89 Westbank Terrace
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 609m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Jul 2026
Low

High
Save

Property Details for 2/89 Westbank Tce, Richmond

2/89 Westbank Tce, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 609m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Unit
Year Built
1970
Floor Size
47m2
Land Size
609m2
Local Government
Yarra
Lot/Plan
2/PS506292

Last Listing description (July 2025)

Tucked away in a leafy, parkland and river-edge setting, this impressively proportioned garden apartment delivers a low-maintenance lifestyle or an ideal investment in a prized East Richmond pocket. Set on the ground floor of a stylish boutique block of just nine, it offers both convenience and quiet charm.

- Light filled spacious living/dining area with polished parquetry floors
- Reverse cycle heating and cooling for year-round comfort

- Stylish open plan kitchen with black granite benchtop, glass splashbacks, gas cooktop and dishwasher
- Generous double bedroom with built-in robes
- Fully tiled, designer bathroom with European laundry
- Private, low-maintenance courtyard ideal for relaxing or entertaining
- On-title off-street parking
- Potential rent $475-$500pw
- Owners corporation fees $744pq approx.
- 60sqm approx of lifestyle living (47sqm approx. internally)
- Only 9 apartments in the block

Prime location between Bridge Road and Swan Street, just moments from cafes, restaurants, and shops. Enjoy easy access to a network of public transport, Victoria Gardens Shopping Centre, Burnley Park, and the Yarra River trail, with the vibrant shopping, dining, and nightlife of Bridge Road and Swan Street right at your doorstep.

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.

Property History for 2/89 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$455,000
11 Jun 2025
Listed for Rent
$340/w
08 Jul 2014
  • 11 Jun 2025
    Sold for $455,000
  • 29 May 2025
    Listed for Sale $430,000-$450,000
  • 29 Jun 2015
    Sold for $488,000
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 22,750 properties. Over the last 5 years, Houses in Richmond have seen a -6.21% decrease in median value, while Units have seen a 0.51% increase. As at 30 June 2026:

  • The median value for Houses in Richmond is $1,428,567 while the median value for Units is $652,166.
  • Houses have a median rent of $895 while Units have a median rent of $600.
There are currently 71 properties listed for sale, and 68 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.