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

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 160m2
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Property Details for 53 Butler St, Richmond

Building Type
Land
Land Size
160m2
Local Government
Yarra
Lot/Plan
2/PS519770

Last Listing description (December 2020)

Vacant land with dual street frontage situated in Richmond Commercial Zone 2 in fantastic location and just approximately 300m from North Richmond train station.

- 6.2m x 25.6m (159m2) approximately

- Commercial zone 2
- Dual street frontage (Butler St, and Little Butler St)
- Potential for multiple story offices (STCA)
- Easy access to Melbourne's CBD
- Walking distance to Victoria St, and train station.
- This property presents a great opportunity for developer/investor. These opportunities do not come up often.
- 3D photos are an example of what could be built (STCA)

Contact Brenda Ngan on 0435152545 for further details.

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Property History for 53 Butler St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$705,000
14 Oct 2020
  • 14 Oct 2020
    Sold for $705,000
  • 20 Sep 2019
    Listed for Sale 865000
  • 08 Mar 2017
    Listed for Sale CONTACT AGENT
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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 22,724 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 71 properties listed for sale, and 50 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1052 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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