523-525 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

523-525 Bridge Road
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 223m2
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Property Details for 523-525 Bridge Rd, Richmond

Building Type
Commercial
Land Size
223m2
Local Government
Yarra
Lot/Plan
1/TP407885

Last Listing description (October 2020)

Exceptional newly renovated showroom available for lease in one of Melbournes most in demand inner city locations. This outstanding space features ground floor retail and first floor office, and is located on the highly exposed corner of Bridge Road and Burnley streets.

Surrounded by national retailers such as Adairs, Harvey Norman, Officeworks, Dan Murphys and many others as well as a plethora of cafes, the space benefits from high levels of pedestrian and vehicle traffic throughout the day and night.


- Area: 220sqm approx.
- Newly renovated
- Immense branding exposure
- On-site parking
- Suits a variety of uses
- Available now
- Versatile open plan ground floor
- First floor office space with bathrooms and separate kitchen

Please call for further information or to arrange an inspection.

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Property History for 523-525 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Transferred
31 May 2007
Listed for Rent
$1.34k/w
29 Oct 2020
  • 19 May 2020
    Listed for Rent - Price not available
  • 31 May 2007
    Transferred
  • 29 Mar 1990
    Sold for $600,000
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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 22,566 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 57 properties listed for sale, and 40 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 981 properties were sold in the past 12 months in Richmond.

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