5/1 Princess StreetRichmond VIC 3121
Property Details for 5/1 Princess St, Richmond
5/1 Princess St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 109m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2009.
Last Listing description (June 2025)
Tucked away at the end of a peaceful one-way street, this beautifully updated two-bedroom townhouse is a rare gem, offering modern living in an enchanting garden sanctuary. Surrounded by lush greenery in the heart of the city, it's the perfect fusion of contemporary design and natural tranquillity.
Step inside and discover a thoughtfully designed interior that feels both stylish and welcoming. Enter the property's front spacious courtyard via a lockable gate before stepping inside, then flow through to a second secure, private rear courtyard perfect for alfresco dining, relaxing with a book, or entertaining friends under the stars. The dual courtyards provide an ideal blend of indoor-outdoor living and enhance the home's sense of space and privacy.
The open-plan kitchen and living area are designed for modern lifestyles, with quality appliances, ample bench space, and sleek finishes that will inspire any home chef. It's a functional yet elegant space ideal for both everyday living and special occasions.
Upstairs, you'll find two generous bedrooms, each with built-in robes and a calming, minimalist aesthetic. One bedroom opens to a sun-drenched balcony.
Positioned for lifestyle and convenience, you're just a short stroll to the boutiques, cafs, and vibrant nightlife of Bridge Road and Church Street. Excellent public transport options are close by, keeping you connected to the rest of Melbourne with ease.
Whether you're a professional couple, young family, a downsizer, or a savvy investor, this low-maintenance townhouse offers the best of both worlds: a stylish urban retreat nestled in a garden setting, right on the doorstep of everything the city has to offer.
Property History for 5/1 Princess St, Richmond, VIC 3121
- 19 May 2025Listed for Rent $780 / week
- 29 Sep 2020Listed for Rent $650 / week
- 11 Jul 2019Listed for Rent - Price not available
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 22,788 properties. Over the last 5 years, Houses in Richmond have seen a -10.28% decrease in median value, while Units have seen a -0.25% decrease. As at 31 July 2026:
- The median value for Houses in Richmond is $1,386,330 while the median value for Units is $653,806.
- Houses have a median rent of $885 while Units have a median rent of $620.
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