5/23 Farmer Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

5/23 Farmer Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 161m2
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Last updated 20 Apr 2026
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Property Details for 5/23 Farmer St, Richmond

5/23 Farmer St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 161m2 and floor size of 77m2.

Building Type
Unit
Year Built
2016
Floor Size
77m2
Land Size
161m2
Local Government
Yarra

Last Listing description (August 2024)

This stunning top floor 2-bedroom apartment offers an unparalleled living experience. Light floods the open-plan living area, boasting a sleek European kitchen with stone benches and stainless steel appliances. Unwind in generously sized bedrooms with built-in robes, then step out onto your expansive balcony and soak up the city buzz. Split-system air conditioning ensures year-round comfort.

Merely steps away - a tram stop whisking you into Melbourne's CBD or down to the sporting action at the MCG. Burnley Station is a short stroll away for easy commutes. When it's time to unwind, explore the culinary delights of Swan Street, just a block away. From hidden bars to award-winning restaurants, you'll never run out of options. This apartment offers the perfect blend of inner-city convenience and vibrant Richmond charm.

VIEWING TIMES are subject to cancellation/change 3 hours prior to the open for inspection.

We advise that you check the listing on the day, to ensure that the property is still available prior to inspection to avoid disappointment.

Property History for 5/23 Farmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Listed for Rent
$575/w
16 Aug 2024
  • 12 Jul 2024
    Listed for Rent $575 / week
  • 22 Sep 2021
    Listed for Rent - Price not available
  • 31 Jul 2020
    Listed for Rent $479 / 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 22,714 properties. Over the last 5 years, Houses in Richmond have seen a 6.03% increase in median value, while Units have seen a 2.54% increase. As at 31 March 2026:

  • The median value for Houses in Richmond is $1,487,516 while the median value for Units is $648,918.
  • Houses have a median rent of $855 while Units have a median rent of $600.
There are currently 71 properties listed for sale, and 42 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1036 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.