55 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

55 Westbank Terrace
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 8112m2
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Property Details for 55 Westbank Tce, Richmond

55 Westbank Tce, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 8112m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last transferred in July 2008.

Building Type
Unit
Year Built
1997
Floor Size
63m2
Land Size
8112m2
Local Government
Yarra
Lot/Plan
50/PS346632

Last Listing description (September 2021)

This spacious one bedroom fully furnished apartment of townhouse proportions features a private courtyard and secure lock up garage with entry straight into the apartment or you can choose to enter through your own security gate into a private courtyard.

Entering your apartment you are greeted with a large, bright living space, leading into open plan modern kitchen/dining area with stainless steel appliances, dishwasher and cooking utensils, a spacious central bathroom with a bath, also featuring a concealed laundry with washer and dryer.


The main bedroom has a queen sized bed and built in robes, linen and towels.

When you do feel like you need to leave your home, you are only minutes' walk from Bridge Rd, The Main Yarra Trail, trams and Burnley Railway Station.

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Property History for 55 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Transferred
10 Jul 2008
Listed for Rent
$425/w
07 Sep 2021
  • 15 Nov 2019
    Listed for Rent $425 / week
  • 22 Feb 2018
    Listed for Rent $480 / week
  • 07 Feb 2017
    Listed for Rent $435 / week
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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 22,563 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 54 properties listed for sale, and 43 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 989 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.