501/229-231 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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501/229-231 Bridge Road
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 47m2
Land area: 615m2
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Last updated 19 Jan 2026
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Property Details for 501/229-231 Bridge Rd, Richmond

501/229-231 Bridge Rd, Richmond is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 615m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in July 2011.

Building Type
Unit
Year Built
2012
Floor Size
47m2
Land Size
615m2
Local Government
Yarra
Lot/Plan
501/PS700858

Last Listing description (June 2021)

Located on the fifth floor, this big one bedroom apartment is well designed with space and light. Only minutes to Bridge Road cafes, restaurants, nightlife on Swan Street, MCG, Parklands, the CBD and ample public transport at your doorstep.
Comprises; large bedroom with built in wardrobe, open plan living and dining zones opening onto huge north-west facing terrace, huge spotless bathroom, European laundry and fully appointed kitchen with stainless steel appliances.
Features; Security entry and security lift access. Warm and cosy timber flooring in the lounge/dining areas opening onto huge entertainers' terrace. Split system heating and cooling in the living room to maintain maximum comfort level. This apartment comes with big storage cage. This apartment creates a great environment to live in.

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Property History for 501/229-231 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$409,950
27 Jul 2011
Listed for Rent
$340/w
29 Jun 2021
  • 21 May 2020
    Listed for Rent $340 / week
  • 27 Sep 2018
    Listed for Rent $400 / week
  • 13 Nov 2017
    Listed for Sale Not Disclosed
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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 22,564 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 58 properties listed for sale, and 44 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 984 properties were sold in the past 12 months in Richmond.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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