5/23 Waltham Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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5/23 Waltham Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 365m2
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Last updated 29 Dec 2025
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Property Details for 5/23 Waltham St, Richmond

5/23 Waltham St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 365m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 1990.

Building Type
Unit
Year Built
1970
Floor Size
57m2
Land Size
365m2
Local Government
Yarra
Lot/Plan
5/RP1103

Last Listing description (March 2025)

UNFURNISHED - *Please note: if the inspection time doesn?t suit, please enquire within for a private inspection of this property* - With Bridge Road almost at your doorstep, this two bedroom apartment is located in one of Richmond?s best locations.

Property features:
- Situated on the top floor in a small block of only six, north and west facing, with wooden flooring, renovated, and newly painted throughout.

- Generously sized lounge room with a reverse cycle air conditioning and heating unit.
- Separate updated kitchen with plenty of cupboard space, a brand new Omega dishwasher, and a brand new Miele combination washer/dryer.
- Two double bedrooms, both with large built-in robes and a wall-mounted heater.
- Sparkling central bathroom with a shower over a large bathtub and overhead heating lamps.

Additional features:
- New security digital deadlock fitted to the front door.
- NBN and Foxtel ready.
- Additional locked secure storage room on property.
- One off street parking.

Lots of natural light and neutral colours throughout. Only minutes to cafes, restaurants, shops, Richmond nightlife, and easy access to the CBD with Bridge Road Tram stop 17 right at the end of Waltham Street for trams 48 and 75.

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

A timeline of how this property has performed in the market
Last Sold
$98,000
22 May 1990
Listed for Rent
$350/w
24 May 2021
  • 28 Jan 2025
    Listed for Rent $650 / week
  • 05 Jan 2024
    Listed for Rent $580 / week
  • 03 Mar 2021
    Listed for Rent $350 / 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.

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