5/38 Burnley Street, Richmond, VIC 3121 sold on 01 August 2025 | OnTheHouse
SOLD
Sold on 01 Aug 2025 for $540,000

5/38 Burnley Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 1161m2
Sold By
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Belle Property Armadale
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Property Details for 5/38 Burnley St, Richmond

5/38 Burnley 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 1161m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
67m2
Land Size
1161m2
Local Government
Yarra
Lot/Plan
5/RP8400

Last Listing description (October 2025)

Perched atop a boutique block, this unique two bedroom apartment offers a compelling combination of security, space, and plenty of natural light, situated in the heart of Richmond opposite Victoria Gardens Shopping Centre and just a block away from the Yarra River walking trails.Inside exposed brick walls and bespoke lighting add a unique industrial edge to a superb floorplan that offers expansive open plan living bathed in natural light that flows seamlessly into a modern kitchen with a beautiful aesthetic. Stainless steel appliances including a dishwasher, gas cooking, European laundry and a central island bench with breakfast bar are some of its features.Both bedrooms are generously proportioned with built-in robes. The second bedroom opens to its own private balcony perfect for morning coffees or evening relaxation. A centrally located modern bathroom services the apartment, whilst additional features include split system heating and air conditioning and off street parking. The location is simply unbeatable. Walk to Victoria Gardens, IKEA, Hoyts Cinemas, and Bridge Roads vibrant shopping precinct. Enjoy Victoria Streets renowned cafes and restaurants, explore the Yarra River trails, or hop on a tram or train for quick access to the CBD. This is Richmond living at its finest - convenient, connected, and full of character.

Property History for 5/38 Burnley St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$540,000
01 Aug 2025
Listed for Rent
$400/w
22 Jun 2021
  • 05 Sep 2025
    Listed for Rent $600 / week
  • 01 Aug 2025
    Sold for $540,000
  • 11 Jul 2025
    Listed for Sale $540,000
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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 22,565 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 52 properties listed for sale, and 45 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 990 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.