501/253 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

501/253 Bridge Road
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 3523m2
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Last updated 29 Dec 2025
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Property Details for 501/253 Bridge Rd, Richmond

501/253 Bridge Rd, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 3523m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
2011
Floor Size
48m2
Land Size
3523m2
Local Government
Yarra
Lot/Plan
501/PS617016

Last Listing description (August 2016)

Jump off the tram and stroll down the quaint cobbled laneway into the Ark development, strategically located just behind Bridge Road. Either go straight to the gym located on the ground floor, or head up to the apartment, and into the open plan beautifully appointed kitchen and living area. Pull out the stool and eat at the stone breakfast bar, or plonk on the couch and gaze out to the City views from either the lounge, or large, covered balcony. The carpeted bedroom affords a whole wall of built in, mirrored robe along with floor to ceiling window, so feels wonderfully light and fresh and the bathroom is second to none in regards to contemporary design. Extra storage is also all yours, along with a secure car park. Residents also have access to a theatre and bike racks along with the fully equipped gym.
Move in, or use an investment, this apartment will not disappoint.

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Property History for 501/253 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$439,000
10 May 2016
Listed for Rent
$420/w
17 Jan 2015
  • 10 May 2016
    Sold for $439,000
  • 17 Feb 2016
    Listed for Sale $449,000
  • 18 Dec 2014
    Listed for Rent $420 / week
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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 22,568 properties. Over the last 5 years, Houses in Richmond have seen a 7.15% increase in median value, while Units have seen a 7.35% increase. As at 30 November 2025:

  • The median value for Houses in Richmond is $1,457,505 while the median value for Units is $650,028.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 42 properties listed for sale, and 42 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 974 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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