418/253 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

418/253 Bridge Road
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 3523m2
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Property Details for 418/253 Bridge Rd, Richmond

418/253 Bridge Rd, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 3523m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2011
Floor Size
53m2
Land Size
3523m2
Local Government
Yarra
Lot/Plan
1/TP939100

Last Listing description (October 2023)

Designed by renowned architects Fender Katsalidis, the Ark is a prominent development in a prime locale showcasing excellent onsite facilities such as a fully equipped gymnasium, thirty seat private cinema, building manager, lift access and bike storage. Walking distance from Melbourne's iconic sports and entertainment precinct with Bridge Road trams on the doorstep, dining and shopping in abundance and parks nearby, the location is highly conducive to an enticing inner city lifestyle. One of the largest one bedroom apartments within the complex, the impeccable interior presents a sun-filled lounge and dining zone opening to the enclosed winter garden, stunning kitchen equipped with stone benchtop, soft close cabinetry, integrated dish-drawer and Miele gas cooktop, spacious bedroom fitted with mirrored built in robes, work from home station with in-built desk and a lustrous fully tiled bathroom with oversized shower. The European laundry, reverse cycle heating/cooling, video intercom entrance, storage cage and carspace are all highlights of this sensational Richmond home.

Property History for 418/253 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$470,000
06 Oct 2023
Listed for Rent
$420/w
15 Aug 2022
  • 06 Oct 2023
    Sold for $470,000
  • 03 Oct 2023
    Listed for Sale Under Offer
  • 28 Jul 2022
    Listed for Rent $420 / week
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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.

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.