4/15 Somerset StreetRichmond VIC 3121
Property Details for 4/15 Somerset St, Richmond
4/15 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 519m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (November 2024)
Located in an intimate block of just seven, this charming apartment offers a blend of comfort and convenience in one of Richmond's most sought-after locations.
-Two spacious double bedrooms with built-in wardrobes
-Updated kitchen with a dedicated meals area and electric cooktop
-Central bathroom complete with a relaxing bathtub
-Internal laundry facilities for added convenience
-Inviting entrance hall setting the tone for the home
-Secure entrance with intercom system
-Remote-controlled secure parking off-street
-Brand new carpeting throughout the apartment
-Potential rental income up to $28,600 per annum ($550 per week)
-Owners corporation fees approximately $2,640.00 annually
Take advantage of the prime location, with Citizens Park, the Aquatic and Recreation Centre, Gleadell Street Market, and the lively Bridge Road just a short stroll away. With easy access to public transport, Victoria Gardens shopping and cinema, and the vibrant Victoria Street nearby, this apartment offers a lifestyle of ease and enjoyment.
Property History for 4/15 Somerset St, Richmond, VIC 3121
- 30 Oct 2024Sold for $1
- 23 Aug 2024Listed for Sale $500,000
- 27 Apr 2018Listed for Rent $425 / week
Recent sales nearby
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0About 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.
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