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

230 Bridge Road
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 140m2
Land area: 138m2
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Property Details for 230 Bridge Rd, Richmond

Building Type
Commercial
Floor Size
140m2
Land Size
138m2
Local Government
Yarra
Lot/Plan
2/RP14827

Last Listing description (July 2023)

Teska Carson is pleased to offer 228 & 230 Bridge Road, Richmond for Sale by Expressions of Interest closing Wednesday 28 June 2023 at 3pm (to be sold individually or together).

228 BRIDGE ROAD

- Land Area: 147m2

- Build Area: 140m2
- Rear access + 2 car parks
- Short Term Income: $42,435 pa

230 BRIDGE ROAD

- Land Area: 139m2
- Build Area: 138m2
- Rear access + 1 car park
- Short Term Income: $30,900 net pa
- Lease Expiry: 31 August 2023

Outstanding city fringe location, within close proximity to public transport, major arterial routes and newly completed developments including Richmond Traders.

Dont miss out on your chance to secure property in Melbournes most sought after business and lifestyle precinct.

For further information or to arrange an inspection, please do not hesitate to call.

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Property History for 230 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Transferred
30 Jun 2023
Listed for Rent
$575/w
11 Aug 2021
  • 30 Jun 2023
    Transferred
  • 02 Jun 2023
    Listed for Sale Contact Agent
  • 24 May 2021
    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 22,565 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.

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