53 Appleton StreetRichmond VIC 3121
Property Details for 53 Appleton St, Richmond
Last Listing description (August 2016)
Doonside May Not Be An Area That You Are Too Familiar With Today... But You, And Everyone Else Will Be, In A Very Short Period of Time.
Doonside Is The Name We Coined To A Very Specific & Exclusive Yarra Fronted Precinct Within Richmond. It's Flown 'Under The Radar' For Years, As It's Potential Was Restricted By Underdeveloped Buildings Owned By Long Standing Land Owners & Owner Occupiers - However This Has All Just Changed With A Number of Recent Sales To Melbourne's Leading Developers.
When First Built, Victoria Gardens Was A Huge Richmond Centrepiece. Salta Properties Have Acquired A Number of Sites & Are Planning A Complete Modernisation & Expansion of Victoria Gardens... Including Food & Restaurants Akin To More Recently Developed Melbourne Shopping Centres. This Will Be Joined By Salta's River Boulevard Development, Their Stage 2 Green Square Development, Forza's Supply & Co Development & Blue Earth's Doonside Street Development.
53 Appleton Street Richmond Is A Highly Exclusive Mixed Use Warehouse In Arguably Richmond's Best Location. A Two Storey Warehouse With Exceptional Upside Potential. Currently Leased As An Artist Studios (Since 2005). The Lease Will Expire In August 2016 With No Further Options Providing The Purchaser Complete Flexibility.
Site Area 342sqm*. Building Area 560sqm*.
For Sale By Negotiation.
Please Contact Agent For Further Details.
*Approx.
Property History for 53 Appleton St, Richmond, VIC 3121
- 09 Jun 2016Sold for $1,710,000
- 02 May 2016Listed for Sale Please Contact Agent
- 06 Aug 2006Listed for Rent $43,000 / year
Recent sales nearby
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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 22,714 properties. Over the last 5 years, Houses in Richmond have seen a 6.03% increase in median value, while Units have seen a 2.54% increase. As at 31 March 2026:
- The median value for Houses in Richmond is $1,487,516 while the median value for Units is $648,918.
- Houses have a median rent of $855 while Units have a median rent of $600.
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