505/1 Studio Walk, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 14726m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Nestled in the iconic Channel Nine development, this sophisticated apartment boasts generous proportions and represents an ideal opportunity for first homebuyers and investors. Perfectly situated in a peaceful borough, this residence features the finest in contemporary design with vibrant dining and entertainment moments away. Plentiful natural light highlights the substantial dimensions of the home, with breathtaking views to the north and south of Melbourne. The expansive living area connects to a chic kitchen fitted with Smeg oven, dishwasher and induction cooktop, while a sun drenched north facing balcony provides an alfresco dining space that can be enjoyed all year round. Two bedrooms showcasing outlooks towards the Yarra River are equipped with built in robes, including the main with sleek ensuite. Also features European laundry, intercom entry and underground parking, located steps away from Burnley Park, Burnley Street restaurants and plentiful public transport.
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 22,569 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:
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