407 Swan Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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407 Swan Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 224m2
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Property Details for 407 Swan St, Richmond

Building Type
Commercial
Year Built
2019
Floor Size
125m2
Land Size
224m2
Local Government
Yarra
Lot/Plan
1/TP511914

Last Listing description (December 2019)

Morley is pleased to offer this prime city fringe site, which represents an incredible opportunity for owner occupiers, investors and developers to purchase in one of Melbourne's busiest locations.

- Area: 223m approx.

- Commercial 1 Zone
- Rear access and on-site car parking
- Existing hospitality venue with commercial kitchen
- Potential to re-position to retail, showroom or office
- Vacant possession
- Metres to Burnley Train Station and Monash Freeway
- Rapidly transforming precinct with substantial multi level mixed-use and office developments taking place

Josh McMullin
0400 248 016
jmcmullin@morleycommercial.com.au

James Lie
0434 641 482
jlie@morleycommercial.com.au

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Property History for 407 Swan St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,376,500
05 Dec 2019
  • 05 Dec 2019
    Sold for $1,376,500
  • 08 Nov 2019
    Listed for Sale Contact Agent
  • 23 May 2018
    Listed for Sale Contact Agent
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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 22,565 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.
There are currently 53 properties listed for sale, and 44 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 990 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.

Disclaimer
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