51 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

51 Bridge Road
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
Land area: 156m2
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Property Details for 51 Bridge Rd, Richmond

Building Type
Commercial
Floor Size
160m2
Land Size
156m2
Local Government
Yarra
Lot/Plan
2/LP41513

Last Listing description (July 2016)

GROUND FLOOR RETAIL SHOWROOM WITH EXCELLENT STREET EXPOSURE FROM FULL GLASS FACADE. PREMISES IS OPEN PLAN WITH POLISHED CONCRETE FLOORS, SUPER HIGH CEILINGS, DUCTED AIR CONDITIONING AND HEATING, REAR STORAGE AREA, SEPARATE TOILETS AND REAR ACCESS.LOCATED ON BRIDGE ROAD THIS PROPERTY OFFERS EXCELLENT EXPOSURE TO TRAFFIC ENTERING AND EXITING THE BUSY RICHMOND BUSINESS AND SHOPPING PRECINCT. THIS MODERN SUITE IS LOCATED NEAR THE INTERSECTION OF BRIDGE ROAD AND BURNLEY STREET WITH MAJOR TRAM LINES AT THE FRONT DOOR AND BURNLEY TRAIN STATION ONLY 10 MINUTE WALK AWAY. THE LOCATION IS WELL SERVICED BY IGA SUPERMARKET IN THE SAME COMPLEX, DAN MURPHY'S ACROSS THE STREET AND VARIETY OF CAFES AND RETAIL SHOPS OFFERED BY BRIDGE ROAD.

Property History for 51 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$690,000
28 Oct 1999
Listed for Rent
11 Jul 2016
  • 11 Jul 2016
    Listed for Rent - Price not available
  • 09 Sep 2015
    Listed for Rent - Price not available
  • 01 Apr 2015
    Listed for Rent - Price not available
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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 22,565 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 45 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 992 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.