505/253 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

505/253 Bridge Road
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 3523m2
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Property Details for 505/253 Bridge Rd, Richmond

505/253 Bridge Rd, Richmond is a 2 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 69m2. While the property is not currently for sale or for rent, it was last transferred in July 2023.

Building Type
Unit
Year Built
2011
Floor Size
69m2
Land Size
3523m2
Local Government
Yarra
Lot/Plan
505/PS617016

Last Listing description (September 2022)

This architecturally designed two-bedroom apartment in the Ark building is the perfect fusion of contemporary style in the heart of historic Richmond. From Bridge Road you enter through the charming cobble stone Noah's Walk to be met by a sleek exterior and funky foyer where you'll find the secure entry zone. The apartment is located at the rear of the building on the fifth floor, which guarantees peace and quiet and enviable views that extend all the way to the Dandenong Ranges. Inside the entry is a conveniently located coat closet and a concealed laundry. The elegant bathroom with a huge shower, mirrored cabinet and stylish black wall tiles has a contemporary feel and both bedrooms, which are at opposite ends, have stunning views and mirrored built-ins. The light and bright combined kitchen and living areas open to an extraordinarily large wraparound corner balcony that will be the perfect location for many future social gatherings. A smart, all-white kitchen with ample storage, stone bench top, Miele appliances and a Fisher&Paykel DishDrawer completes this beautifully presented apartment. Extras include a gym, a theatre, secure undercover car space and storage cage, plus transport, fabulous restaurants and exciting shopping right on your doorstep.

Property History for 505/253 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Transferred
20 Jul 2023
Listed for Rent
$520/w
06 Sep 2022
  • 20 Jul 2023
    Transferred
  • 15 Jul 2022
    Listed for Rent $520 / week
  • 17 Nov 2020
    Listed for Rent $495 / 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 22,570 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 44 properties listed for sale, and 60 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 986 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.