54 Elizabeth St, Richmond is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 119m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Set on a fabulous corner with three street frontages and no heritage overlay this converted shop front offers an exceptional opportunity for owner occupiers, developers or investors to maintain its status as a stylish professional office suite, create a new townhouse by renovating and extending out and up (STCA), retaining its off-street parking; whilst capitalising on its outstanding inner city location. Currently the property provides a delightful space in which to work or live with north-eastern light through its flexible floorplan comprising large office, which could easily be transformed into two bedrooms, living/dining with kitchen, bathroom and laundry plus rear courtyard and car parking via Shelley Street. Features include alarm system and reverse cycle air conditioners. Walking distance from Victoria Street and its station/tram routes and excellent array of restaurants, East Melbourne gardens, Abbotsford Convent, Yarra River trails and the Richmond Market, this location is highly desirable. Enjoy a rewarding address today, re-define it tomorrow.
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 22,720 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:
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