5/59 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

5/59 Westbank Terrace
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 8112m2
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Property Details for 5/59 Westbank Tce, Richmond

5/59 Westbank Tce, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 8112m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2000
Floor Size
95m2
Land Size
8112m2
Local Government
Yarra
Lot/Plan
71/PS346632

Last Listing description (June 2021)

The best of both worlds with relaxing walks along the Yarra River and Burnley Park accompanied by the inner-city excitement of Bridge Road all just nearby create an amazing lifestyle scenario for this secure, sunlit townhouse. A brilliant balance of space highlights the excellent design of this smart two-level home offering an exceptional, low-maintenance lifestyle that's quiet, private and incredibly convenient.
Security coded entry with intercom plus remote-control undercover parking for one car provide peace of mind for busy owner-occupiers looking for a spacious, lock and leave option or savvy investors seeking to enhance a strategic property portfolio. Presented in completely comfortable order, those wanting to maximise value will further enhance with stylish, quality improvements.
Framed by polished timber parquetry and high ceilings with LED lighting, the layout begins with a dining room that flows flawlessly to a central kitchen including stainless-steel appliances, before a light-filled living room with sliding door to a north-facing balcony. There's also abundant storage plus Stiebel Eltron panel heating throughout.

Bright accommodation with full-height built-in robes includes two generous-sized bedrooms with the main enjoying two-way ensuite access to a large, central bathroom with marble-topped vanity plus a European laundry.
An outstanding opening in a highly-coveted block, this inviting townhouse is set to impress with its superbly functional floorplan, stylish appearance and sensational position close to cafs, restaurants, shops, boutiques, city bound trams, Burnley train station and endless river trails.

Property History for 5/59 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$840,000
26 Jun 2021
Listed for Rent
$550/w
20 Nov 2018
  • 26 Jun 2021
    Sold for $840,000
  • 25 May 2021
    Listed for Sale SOLD
  • 01 Oct 2018
    Listed for Rent - Price not available
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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 22,783 properties. Over the last 5 years, Houses in Richmond have seen a -6.21% decrease in median value, while Units have seen a 0.51% increase. As at 30 June 2026:

  • The median value for Houses in Richmond is $1,428,567 while the median value for Units is $652,166.
  • Houses have a median rent of $895 while Units have a median rent of $600.
There are currently 68 properties listed for sale, and 62 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1044 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.