40/69 Palmer Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

40/69 Palmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 2425m2
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Property Details for 40/69 Palmer St, Richmond

40/69 Palmer St, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 2425m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2006
Floor Size
74m2
Land Size
2425m2
Local Government
Yarra
Lot/Plan
40/PS536991

Last Listing description (October 2024)

A highly sophisticated sense of urban elegance intersects with a resort-like level of amenity in this impeccably appointed two bedroom, two bathroom 'Nexus' residence, perfectly situated on the cusp of Bridge Road's cosmopolitan vibrancy. Offering access to an in-ground swimming pool, sun-drenched outdoor entertaining and Paul Bangay designed gardens, this is a rare discovery that is certain to impress in one of the inner-east's most sought-after locations.
Overseen by a gourmet granite kitchen, the open-plan dining / living highlights rich engineered Oak flooring as it flows effortlessly outdoors to a double-width, fourth floor terrace that faces the east and provides the perfect setting for breakfasts in the sun. The bedrooms are each bright and spacious with built-in robes - one with a fully-tiled ensuite and the other with direct access to the terrace - plus there is secure video entry, non-stacker basement parking and a storage cage, as well as a concealed laundry, split system heating and air conditioning.
Walk easily to one of one Melbourne's most highly regarded strips of cafes, fine dining, thriving bars and boutique shopping, whilst Victoria Gardens Shopping Centre, endless Yarra River trails, Richmond Recreation Centre and Citizens Park are all easily walkable, plus you have city-bound trams that can drop you at the MCG in just a couple of minutes.

Property History for 40/69 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$612,000
26 Oct 2024
Listed for Rent
$535/w
16 Dec 2021
  • 26 Oct 2024
    Sold for $612,000
  • 02 Oct 2024
    Listed for Sale $550,000 - $600,000
  • 29 Nov 2021
    Listed for Rent - Price not available
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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 22,749 properties. Over the last 5 years, Houses in Richmond have seen a -11.55% decrease in median value, while Units have seen a -1.96% decrease. As at 31 August 2026:

  • The median value for Houses in Richmond is $1,381,048 while the median value for Units is $644,082.
  • Houses have a median rent of $895 while Units have a median rent of $625.
There are currently 69 properties listed for sale, and 49 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1045 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.