505/20 Burnley Street, Richmond, VIC 3121 sold on 31 May 2025 | OnTheHouse
SOLD
Sold on 31 May 2025 for $560,000

505/20 Burnley Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 8216m2
Sold By
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Belle Property Richmond
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Property Details for 505/20 Burnley St, Richmond

505/20 Burnley St, Richmond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 8216m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
77m2
Land Size
8216m2
Local Government
Yarra
Lot/Plan
505B/PS631302

Last Listing description (July 2025)

Favoured with a north east orientation this bright and spacious fifth floor corner apartment presents as the perfect first home opportunity or astute rental investment.

Ideally positioned adjacent to Victoria Gardens shops and cinemas, public transport and Yarra River parklands and trails.

Accommodation includes:

- 2 Large double bedrooms with BIRs, main with ensuite bathroom
- Stylish modern kitchen with ample storage
- Light filled open plan living and dining
- Generous sun blessed balcony
- Second bathroom and laundry
- Secure car space and storage cage
- Access to indoor heated pool and gym

Property History for 505/20 Burnley St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$560,000
31 May 2025
Listed for Rent
$510/w
28 Apr 2015
  • 31 May 2025
    Sold for $560,000
  • 16 Apr 2025
    Listed for Sale Not Disclosed
  • 22 Jun 2021
    Sold for $575,000
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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 53 properties listed for sale, and 40 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 990 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.