3/25 Palmer Street, Richmond, VIC 3121 sold on 02 February 2026 | OnTheHouse
SOLD
Sold on 02 Feb 2026 for $816,000

3/25 Palmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/25 Palmer St, Richmond

3/25 Palmer St, Richmond is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2022. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Townhouse sold in Richmond in the last 12 months.

Building Type
Townhouse
Year Built
2022
Local Government
Yarra
Lot/Plan
3/PS845734

Last Listing description (December 2023)

Smart, designer, and with brand new highlights!

A modern inspiration over two levels which delivers easy living, quality fittings and fixtures, and a brand new edge, this gorgeous 2 bedroom townhouse is tucked away in Palmer Street which offers a quiet location so close to the energetic Bridge Road.

Step inside and be dazzled by the stylish tiling and natural light that highlights the spacious lounge and meals zone, which has access out to the easiest of courtyards. Back inside, home cooks will love taking advantage of the stone kitchen which has a smart, functional design along with stainless steel Smeg appliances and a glass splashback.

This property is further highlighted by 2 sizeable upstairs bedrooms with built-in robes, beautiful upstairs bathroom, downstairs powder room, European laundry, reverse cycle heating and cooling, and outdoor storage shed.

Aside from having Bridge Road eateries and shops so close by, you're also close to scenic Yarra River parklands and trails great for weekend walks, Gleadell Street Market which runs every Saturday, Victoria Street restaurants, Victoria Gardens Shopping Centre with cinema, Yarra Primary School, Richmond High School, Melbourne Girls' College, Citizens Park, St James Park, trams, and West Richmond and Hawthorn Stations.

Property History for 3/25 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$816,000
02 Feb 2026
  • 12 Dec 2023
    Listed for Rent $690 per week
  • 31 Oct 2022
    Listed for Rent $650 per week
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the 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 22,677 properties. Over the last 5 years, Houses in Richmond have seen a -3.75% decrease in median value, while Units have seen a -1.01% decrease. As at 31 May 2026:

  • The median value for Houses in Richmond is $1,419,063 while the median value for Units is $640,066.
  • Houses have a median rent of $880 while Units have a median rent of $600.
There are currently 66 properties listed for sale, and 71 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1055 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.