53 Stewart StreetRichmond VIC 3121
Property Details for 53 Stewart St, Richmond
Last Listing description (March 2013)
Cafe
Established business, the only cafe within immediate residential/commercial precinct
Lease Term: 5 years
Rental: $30,387pa approx
Rental Reviews: Annual 5% increases
Ground Floor Office Suite
Architect's office with excellent exposure and amenity
Lease Term: 2 years
Commenced: 18th September 2012
Rental: $15,000pa approx
Rental Reviews: Annual 4% increases with market review on exercise of option
Total Combined Income: $45,387pa approx
Property History for 53 Stewart St, Richmond, VIC 3121
- 15 Mar 2013Sold for $692,000
- 13 Feb 2013Listed for Sale SOLD - $692,000
- 31 Oct 2002Sold for $220,000
Recent sales nearby
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0About 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 22,564 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.
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