3/23 Park Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

3/23 Park Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 488m2
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Property Details for 3/23 Park St, Richmond

3/23 Park 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 488m2 and floor size of 73m2. 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
73m2
Land Size
488m2
Local Government
Yarra
Lot/Plan
3/RP4956

Last Listing description (November 2024)

Wonderfully peaceful and completely private, this fully renovated gem delivers stylish, turn key comfort by the tranquil surrounds and evergreen foliage of Burnley Park. Direct park frontage sees the classic 70s block stand as one of Richmonds most sought after, with the home itself offering two large, robe lined bedrooms and a modern bathroom with combined bath/shower. Comfortably catering for the regular host, a storage rich kitchen services a brilliantly broad living/dining space, with vivid park vistas enriching social occasions. An exceptional first home or professionals base with equal suitability as a yield minded investment, features include reverse cycle heating/cooling, a carport space, intercom, laundry facilities, and zoning for acclaimed Melbourne Girls College/Richmond High School. With neighbouring parkland revealing the picturesque Yarra Trail, its just steps to the bars, cafs, restaurants, and shopping in and around Swan Street, Burnley Street, and Bridge Road, with Burnley Station and multiple trams ensuring the easiest of commutes to Melbourne Park, the MCG, and city centre.

Property History for 3/23 Park St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$690,500
14 Nov 2024
Listed for Rent
$420/w
22 Jan 2020
  • 14 Nov 2024
    Sold for $690,500
  • 23 Oct 2024
    Listed for Sale $550,000 - $600,000
  • 09 Jan 2020
    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 22,712 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 74 properties listed for sale, and 42 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1016 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.