305/38 Elizabeth Street, Richmond, VIC 3121 sold on 24 March 2026 | OnTheHouse
SOLD
Sold on 24 Mar 2026 for $400,000

305/38 Elizabeth Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 808m2
Sold By
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BigginScott Richmond
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Property Details for 305/38 Elizabeth St, Richmond

305/38 Elizabeth St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 808m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
47m2
Land Size
808m2
Local Government
Yarra
Lot/Plan
305/PS742774

Last Listing description (May 2026)

Set within the sought-after Light Edge complex, this sleek one-bedroom apartment delivers refined interiors, quality finishes and low-maintenance ease in one of Richmonds most vibrant pockets. Ideal for first-home buyers or investors, it combines contemporary style with exceptional inner-city convenience.- Light-filled open-plan living and dining area with timber flooring, flowing seamlessly to a private undercover balcony perfect for relaxed entertaining.- Contemporary stone kitchen appointed with Smeg appliances, gas cooktop, dishwasher, integrated fridge and striking natural stone splashback.- Generous bedroom fitted with mirrored built-in robes and excellent natural light.- Designer central bathroom with quality fittings and ample storage.- Separate European laundry for added practicality.- Split-system heating and cooling ensuring year-round comfort.- 1 X secure undercover car space plus an additional storage cage.- Approximately 48sqm of lifestyle living.- Estimated rental return of $500 $550 per week approx. ($28,600pa)Positioned just moments from Victoria Streets renowned dining scene, cafs and shopping, this address also places you within easy reach of Fitzroy Gardens, the Yarra River trails, Abbotsford Convent and Victoria Gardens Shopping Centre. North Richmond Station, trams and the MCG are all close by, with the CBD only a short stroll or tram ride away delivering a vibrant, connected lifestyle at your doorstep.**Please note photos used are taken from a previous sale of a similar apartment in the building**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 305/38 Elizabeth St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$400,000
24 Mar 2026
Listed for Rent
$370/w
06 Apr 2021
  • 24 Mar 2026
    Sold for $400,000
  • 12 Mar 2026
    Listed for Sale Under Offer
  • 09 Mar 2021
    Sold for $403,000
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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 22,694 properties. Over the last 5 years, Houses in Richmond have seen a -0.76% decrease in median value, while Units have seen a -0.86% decrease. As at 30 April 2026:

  • The median value for Houses in Richmond is $1,435,356 while the median value for Units is $636,503.
  • Houses have a median rent of $875 while Units have a median rent of $600.
There are currently 73 properties listed for sale, and 57 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1059 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.