50 Somerset Street, Richmond, VIC 3121 sold on 16 August 2025 | OnTheHouse
 
SOLD
Sold on 16 Aug 2025 for $1,619,000

50 Somerset Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 50 Somerset St, Richmond

50 Somerset St, Richmond is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom House sold in Richmond in the last 12 months.

Building Type
House
Year Built
1900
Local Government
Yarra
Lot/Plan
1/TP700963

Last Listing description (March 2023)

Picturesque Victorian, single level splendour

This immaculately presented double fronted Victorian residence exudes sophistication, elegance and privacy, superbly positioned within a leafy streetscape just steps from Richmond's highly sought-after amenities including Hector's Deli, Church Street and Bridge Road trams, nearby cafes and restaurants, Citizen's Park, Richmond Traders Shopping Centre, Gleadell St Market, the MCG and the CBD. Elevated by a northerly orientation, timber floors, soaring ceilings and ornate period detail compliment generous proportions, comprising an open plan living and dining domain featuring an integrated gas fireplace, skylight, built in storage and French doors opening out to a private alfresco entertaining courtyard. Awash with natural light, a contemporary kitchen features stone benches, new Bosch appliances and ample storage. Accommodation delivers three bedrooms, two featuring built in robes, main with open fireplace. Includes a spacious central bathroom, separate laundry, security alarm and split system heating/cooling.

Property History for 50 Somerset St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,619,000
16 Aug 2025
  • 28 Mar 2023
    Sold - Price Undisclosed
  • 10 Mar 2023
    Listed for Sale $1,450,000 - $1,500,000
  • 10 Jul 2018
    Listed for Sale Auction 04/08/18
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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 22,572 properties. Over the last 5 years, Houses in Richmond have seen a 10.22% increase in median value, while Units have seen a 7.14% increase. As at 31 October 2025:

  • The median value for Houses in Richmond is $1,444,725 while the median value for Units is $637,423.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 58 properties listed for sale, and 59 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 947 properties were sold in the past 12 months in Richmond.

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