3/21 Somerset Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

3/21 Somerset Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 512m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low

High
Save

Property Details for 3/21 Somerset St, Richmond

3/21 Somerset St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 512m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1970
Floor Size
62m2
Land Size
512m2
Local Government
Yarra
Lot/Plan
3/SP24995

Last Listing description (November 2024)

A lock & leave package that is bound to tick the boxes of all who inspect, this light, bright and fabulous 2-bedroom apartment is a carefree offering with enormous buyer appeal. From busy owner-occupiers to shrewd investors, its low maintenance ease, spacious ready-to-enjoy accommodation and proximity to countless essential amenities and lifestyle attractions make it a smart choice for anyone seeking comfort & convenience within minutes of the CBD.

- In a gated, low-rise building just off Church Street and Bridge Road, the impeccably presented apartment is primed for immediate enjoyment.

- A broad picture window frames leafy views in the generous living/dining area which has plenty of room for entertaining as well as relaxation.
- Gleaming stainless steel appliances star in the bright contemporary kitchen including a dishwasher along with ample cupboard space and a subway-tiled splashback.
- Both bedrooms boast built-in storage; they share a sparkling bathroom with lots of natural light, a shower/bath and room for a washing machine.
- With soft carpeting underfoot, the apartment also boasts split system heating & cooling and the convenience of an off-street parking space.
- Rental Estimate: $500 - $550 per week.

Close to the open spaces of Citizens Park and the many dining & retail attractions along Bridge Road and Church St, this prized address is just footsteps to everything Richmond has to offer including city-bound trams, the Yarra River and West Richmond station.

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 3/21 Somerset St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$500,000
09 Nov 2024
Listed for Rent
$475/w
17 Oct 2022
  • 09 Nov 2024
    Sold for $500,000
  • 26 Sep 2024
    Listed for Sale $500,000-$550,000
  • 29 Sep 2022
    Listed for Rent $475 / week
Sign in to see more transactions
Commute Calculator

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 22,564 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 57 properties listed for sale, and 44 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 993 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.