401/1 Palmer Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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401/1 Palmer Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 8060m2
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Last updated 29 Dec 2025
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Property Details for 401/1 Palmer St, Richmond

401/1 Palmer St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 8060m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last transferred in July 2024.

Building Type
Unit
Year Built
2016
Floor Size
66m2
Land Size
8060m2
Local Government
Yarra
Lot/Plan
401E/PS640914

Last Listing description (October 2025)

Working from Home? This one bedroom apartment offers you a separate study enough space for two people!
Save on your Gym Membership with the state of the art gym filled with 'Technogym' equipment.

This apartment is perfectly laid out, the open plan living space flowing out to the BBQ friendly balcony. The stunning Italian kitchen is enormous, the finishes are to die for with a Corian bench tops, Gaggenau appliances, Grohe tap wear & LED lit drawers. The bedroom is perfectly proportioned and laid with 100% wool blend carpet and ample BIR space. The bathroom is super stylish & sophisticated and the study has generous space allowing you to work whilst enjoying the comforts of your own home. There is a bonus storage room just off the study area.

Everything is ducted, integrated, remote controlled or soft close, this apartment even has a store room in the apartment, and there is one off street car space.

If the above isn't enough, let's talk about location, because it's the best on offer. Situated close to Bridge Road only 100m from the Gleadell St Market, trams to the city are practically on your doorstep, shops are a stroll away but without the hustle and bustle of the main roads.

If Jaques is a new word to you then it's time to get familiar.

Booking an inspection is easy! Simply click on "Request a Time" to register your details for an inspection time that suits you. Alternatively, "Get in Touch" with our Livability Agents to enquire today, we look forward to meeting you soon. By registering, you will be instantly informed of any updates, changes, or cancellations to your appointment. Applications are processed after inspections have been completed.

A link to apply will be provided at the inspection.

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Property History for 401/1 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Transferred
02 Jul 2024
Listed for Rent
10 Oct 2025
  • 02 Oct 2025
    Listed for Rent $650 / week
  • 27 Aug 2024
    Listed for Rent $625 / week
  • 02 Jul 2024
    Transferred
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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 22,568 properties. Over the last 5 years, Houses in Richmond have seen a 7.15% increase in median value, while Units have seen a 7.35% increase. As at 30 November 2025:

  • The median value for Houses in Richmond is $1,457,505 while the median value for Units is $650,028.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 42 properties listed for sale, and 42 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 974 properties were sold in the past 12 months in Richmond.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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