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

231 Bridge Road
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 169m2
Land area: 615m2
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Property Details for 231 Bridge Rd, Richmond

Building Type
Commercial
Year Built
2014
Floor Size
169m2
Land Size
615m2
Local Government
Yarra
Lot/Plan
5/PS700858

Last Listing description (August 2023)

Teska Carson is pleased to present 231 Bridge Road, Richmond for lease.

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 offers fantastic exposure, ample access to public transport, and an abundance of lifestyle amenities.

- Spacious internal area: 168sqm
- Kitchenette and toilet amenities
- Car parking available
- Natural light throughout
- Suit a variety of uses (STCA)
- Attractive, character-loaded facade with a strong street presence
- Excellent surrounding transport and retail amenity
- Available immediately

Please do not hesitate to contact the listed agents for more information or to arrange an inspection.

Property History for 231 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,195,000
22 Feb 2022
Listed for Rent
$45k/w
18 Aug 2023
  • 20 Jul 2022
    Listed for Rent - Price not available
  • 22 Feb 2022
    Sold for $1,195,000
  • 05 Nov 2021
    Listed for Sale $1,350,000
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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, 994 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.