5/53 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

5/53 Westbank Terrace
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 141m2
Land area: 8112m2
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Last updated 3 Aug 2026
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Property Details for 5/53 Westbank Tce, Richmond

5/53 Westbank Tce, Richmond is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 8112m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in June 1997.

Building Type
Townhouse
Year Built
2011
Floor Size
141m2
Land Size
8112m2
Local Government
Yarra
Lot/Plan
7/PS346632

Last Listing description (May 2018)

Exquisite two bedroom two level townhouse in fantastic location. Large separate living, large modern kitchen with stainless steel appliances & dishwasher, secluded courtyard, lots of cupboard space, large and bright bedrooms with BIR's, large study/home office area, two bathrooms including powder room, heating/air conditioning, security remote car port. Excellent condition.
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Property History for 5/53 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$255,000
06 Jun 1997
Listed for Rent
$480/w
21 Apr 2018
  • 05 Apr 2018
    Listed for Rent - Price not available
  • 06 Jun 1997
    Sold for $255,000
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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 22,792 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.
There are currently 62 properties listed for sale, and 53 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1094 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.