406/1 Palmer StreetRichmond VIC 3121
Property Details for 406/1 Palmer St, Richmond
406/1 Palmer St, Richmond is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 106m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in Richmond in the last 12 months.
Last Listing description (June 2026)
Oozing with contemporary style and timeless sophistication, the exceptional quality is evident from the moment you enter this impressive property. Welcomed by a spacious open plan living and dining area, the home is enhanced by beautiful treetop outlooks and captivating city fringe views. The fully equipped European kitchen features premium Gaggenau and Liebherr appliances, while two generously sized bedrooms positioned at opposite ends of the residence provide both comfort and privacy. A large separate study further enhances the flexibility and functionality of the home. Showcasing spacious proportions and bespoke finishes throughout, this impeccably designed residence offers a refined lifestyle that is sure to impress.
Features and finishes include:
Large separate study room
Gaggenau appliances including cooktop, range, oven and dishwasher
Fully integrated Liebherr fridge
Eurocave wine fridge
Luxe bathrooms with full height tiling, Grohe rain showers, feature LED lighting and custom vanities
Power blinds to living and bedrooms
Two generous bedrooms: master with walk-in robe and second bedroom with balcony access
European BIR's
Timber flooring throughout living, study and dining, wool carpet to bedrooms
Zoned reverse cycle heating and cooling
Internal storeroom
Private alcove balcony protected from the elements
On-site building manager
Resident amenities include gym, roof deck, residents lounge, bike room
Positioned within one of Richmond's most sought-after locations, 1 Palmer Street, designed by award winning architects Fender Katsalidis, represents the epitome of design excellence. Ideally located within walking distance to public transport, retail shopping, five-star dining, farmers' markets, parks, and schools, this outstanding address delivers the very best of city edge living.
Property History for 406/1 Palmer St, Richmond, VIC 3121
- 16 Jun 2026Sold for $1,050,000
- 13 May 2026Listed for Sale $1,050,000
- 09 Mar 2022Listed for Rent $925 / week
Recent sales nearby
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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.
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