51 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

51 Westbank Terrace
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 136m2
Land area: 8112m2
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Property Details for 51 Westbank Tce, Richmond

51 Westbank Tce, Richmond is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1997. The property has a land size of 8112m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Townhouse
Year Built
1997
Floor Size
136m2
Land Size
8112m2
Local Government
Yarra
Lot/Plan
2/PS346632

Last Listing description (August 2023)

Beautifully proportioned spaces and a wonderful flow between zones define this stylish contemporary home, complete with off street parking and a lock up garage. This is a prized opportunity to embrace the best of Richmond's unmatched lifestyle, only moments from Melbourne Girls' College, Swan Street, Bridge Road, excellent transport and Yarra River trails. Open the sliding doors to create a compelling outdoor connection, perfect for entertaining, extending from the ground floor sitting room and adjacent kitchen and dining room. A stylish kitchen with sleek appliances provides plenty of storage and preparation space, and a gorgeous central island creates a zone for casual dining. A bright staircase and landing introduces three generous bedrooms with built in robes, two with city skyline glimpses, one with a private balcony, and the main bedroom comes complete with a walk in robe and ensuite bathroom. The garage includes internal access, heating and cooling deliver comfort year-round, stylish timber floors and roller blinds complete the practicalities.

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Property History for 51 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,375,000
03 Jun 2023
Listed for Rent
$950/w
11 Aug 2023
  • 01 Aug 2023
    Listed for Rent $950 / week
  • 03 Jun 2023
    Sold for $1,375,000
  • 10 May 2023
    Listed for Sale $1,300,000 - $1,350,000
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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 22,565 properties. Over the last 5 years, Houses in Richmond have seen a 13.46% increase in median value, while Units have seen a 6.96% increase. As at 31 January 2026:

  • The median value for Houses in Richmond is $1,506,089 while the median value for Units is $655,807.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 42 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.