51 Butler Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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51 Butler Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: -
Car spaces: 1
Floor area: 180m2
Land area: 78m2
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Last updated 18 May 2026
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Property Details for 51 Butler St, Richmond

51 Butler St, Richmond is a 2 bedroom, 0 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 78m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
House
Year Built
2005
Floor Size
180m2
Land Size
78m2
Local Government
Yarra
Lot/Plan
1B/PS519771

Last Listing description (October 2023)

Teska Carson is pleased to present 51 Butler Street, Richmond for sale via private treaty.

Situated over three-levels, this recently refurbished freehold offers purchasers a great opportunity to either invest or occupy in one of Melbournes most prominent city fringe locations. Benefitting from an abundance of natural light, end of trip facilities and a range of open-plan work areas, meeting rooms and private offices that would suit a variety of different uses (STCA).

Richmond is known as one of Melbournes most prominent commercial destinations due to its great surrounding lifestyle and entertainment amenity such as popular restaurants, cafs, bars and sporting grounds.

Whilst also being a stone's throw away from public transport networks such as North Richmond Station, local tram networks and major arterial routes such as Punt Road, M1 freeway and CityLink.

Key Features:

- Floor area: 210m2
- 1 on-site car space
- New refurbishment
- Offered with Vacant Possession
- Commercial 2 Zoning

Outstanding opportunities located in popular city fringe locations like this continue to experience great year-on-year growth as seen through the number of national and international tenants that call Richmond home such as REA Group, Dentsu, Seek, Uber, Disney, MYOB, Reece, Car Sales and many more.

Please do not hesitate to contact us for further information or to arrange an inspection.

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Property History for 51 Butler St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,375,000
16 Apr 2024
Listed for Rent
$450/w
21 Jun 2023
  • 16 Apr 2024
    Sold for $1,375,000
  • 14 Jul 2023
    Listed for Sale $1,500,000
  • 28 Nov 2022
    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 22,693 properties. Over the last 5 years, Houses in Richmond have seen a -0.76% decrease in median value, while Units have seen a -0.86% decrease. As at 30 April 2026:

  • The median value for Houses in Richmond is $1,435,356 while the median value for Units is $636,503.
  • Houses have a median rent of $875 while Units have a median rent of $600.
There are currently 66 properties listed for sale, and 55 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1062 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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