229 Punt Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

229 Punt Road
Richmond VIC 3121

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 202m2
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Last updated 16 Mar 2026
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Property Details for 229 Punt Rd, Richmond

229 Punt Rd, Richmond is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 202m2. While the property is not currently for sale or for rent, it was last sold in May 2009.

Building Type
House
Land Size
202m2
Local Government
Yarra
Lot/Plan
15/LP355

Last Listing description (March 2026)

A standout brick warehouse conversion, this three-bedroom home blends character, scale, and contemporary comfort. With its fourth bedroom self contained studio and double garage from Strode Street, the inspiring exposed brick walls, arched timber doors and timber lined vaulted ceilings are full of history. Stylish with its concrete floors and vaulted skylights, this urban residence enjoys a remarkable open plan living and dining area with tons of volume for entertaining, a granite kitchen with Gaggenau cooking appliances and Fisher & Paykel dish drawer, 3 distinct separated bedrooms (2 upstairs, 1 downstairs) including a loft style room with wardrobes, a unique open bathroom and a concealed laundry. A quiet garden courtyard with bluestone framed deck divides the main house from the spacious rear studio with its kitchenette and ensuite. Originally the Raylan Shoes factory, this heritage revamp is complemented with split system air conditioning, clever storage and a double garage. Opposite Yarra Park, close to the MCG, AAMI Park, Melbourne Park, Swan Street, Rowena Corner Store cafe, Bridge Road action and Richmond station, minutes to Fitzroy Gardens and the CBD.

Property History for 229 Punt Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,068,000
23 May 2009
Listed for Rent
$240/w
13 May 2021
  • 04 Mar 2026
    Listed for Sale $1,800,000 - $1,980,000
  • 17 Feb 2021
    Listed for Rent $240 / week
  • 12 Apr 2017
    Listed for Rent - Price not available
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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 22,713 properties. Over the last 5 years, Houses in Richmond have seen a 11.01% increase in median value, while Units have seen a 5.71% increase. As at 28 February 2026:

  • The median value for Houses in Richmond is $1,496,797 while the median value for Units is $643,047.
  • Houses have a median rent of $760 while Units have a median rent of $600.
There are currently 80 properties listed for sale, and 42 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1017 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.