228 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

228 Bridge Road
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 146m2
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Property Details for 228 Bridge Rd, Richmond

Building Type
Commercial
Land Size
146m2
Local Government
Yarra
Lot/Plan
1/RP14827

Last Listing description (May 2023)

Teska Carson is pleased to present 228 Bridge Road, Richmond for lease.

Don't miss out on your chance to secure this versatile and well-presented retail space, located within one of Melbourne's most popular and accessible retail strips.

Situated on famous Bridge Road, Richmond, the property comes equipped with fantastic exposure, ample access to public transport, rear access and a complete commercial kitchen within

- Perfect for food use
- Car Parking available
- Natural light throughout
- Available immediately
- Attractive character-loaded facade with a strong street presence
- Dual-level Freehold
- Excellent surrounding transport and retail amenity

Please don't hesitate to contact us for more information or to arrange an inspection.

Property History for 228 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$837,500
30 Jun 2023
Listed for Rent
$862/w
04 May 2023
  • 30 Jun 2023
    Sold for $837,500
  • 18 Jan 2023
    Listed for Rent - Price not available
  • 30 Nov 2009
    Sold for $1,150,000
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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 22,565 properties. Over the last 5 years, Houses in Richmond have seen a 10.41% increase in median value, while Units have seen a 5.11% increase. As at 31 December 2025:

  • The median value for Houses in Richmond is $1,507,396 while the median value for Units is $649,076.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 53 properties listed for sale, and 45 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 992 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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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.