516/253 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

516/253 Bridge Road
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 3523m2
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Property Details for 516/253 Bridge Rd, Richmond

516/253 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 61m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2011
Floor Size
61m2
Land Size
3523m2
Local Government
Yarra
Lot/Plan
1/TP939100

Last Listing description (May 2021)

Situated in the heart of Bridge Road, the Ark Development offers easy access to all of Richmond's amenities. With shops, restaurants and bars at your doorstep, there is also easy access to public transport, MCG and walking distance to the city.

This two bedroom apartment features:

- Spacious living area that opens to east facing balcony
- Miele stainless steel gas cook top, oven and range hood
- Fisher & Paykel dishwasher and ample storage space
- Two bedrooms both with built in robes
- Fully tiled bathroom with large shower
- European laundry
- Reverse cycle heating and cooling
- Single basement car space and storage cage

The Ark also features video security entrance, lift access, gym and 30 seat cinema room for residents use.

Register your interest today.

Please note: view from bedroom may differ
Utilities:
Electricity - can be connected through provider of choice
Gas/Hot Water - embedded network with Origin Energy
Water - connected with the local water authority

Property History for 516/253 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$595,000
30 Jun 2021
Listed for Rent
$480/w
10 May 2021
  • 30 Jun 2021
    Sold for $595,000
  • 19 Mar 2021
    Listed for Rent $480 / week
  • 12 Mar 2019
    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 44 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.