489 Church Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

489 Church Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 136m2
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Property Details for 489 Church St, Richmond

Building Type
Commercial
Land Size
136m2
Local Government
Yarra
Lot/Plan
1/TP827687

Last Listing description (February 2023)

Morley is pleased to offer For lease, 489 Church Street, Richmond.
Magnificently located in the heart of Melbourne's best performing showroom, hospitality & retail precinct.

Rare leasehold opportunity.
Outstanding Church Street exposure.
Area 85sqm.
Excellent rear access, carparking & deliveries/loading area.
Long term lease available.
Inspect today if you like.

For more information or to arrange an inspection please call.

Danny Klotz
0488 556 899
dklotz@
morleycommercial
.com.au

morleycommercial.com.au

03 9426 5000

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Property History for 489 Church St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Transferred
21 Sep 2024
Listed for Rent
$1.44k/w
13 Feb 2023
  • 21 Sep 2024
    Transferred
  • 01 Dec 2022
    Listed for Rent - Price not available
  • 22 Nov 2016
    Listed for Rent - Price not available
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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 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 47 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 991 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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