573 Church Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

573 Church Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 221m2
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Property Details for 573 Church St, Richmond

Building Type
Commercial
Land Size
221m2
Local Government
Yarra
Lot/Plan
1/TP14518

Last Listing description (October 2010)

Prestigious Inner City Showroom/Office
Perfect owner occupier or investment opportunity.
Versatile 2 level showroom/office freehold currently vacant.

Attractive 295m2 with abundant natural light.
Excellent corner site area 221m2 / Business 3 Zoning.
Laneway access/loading with 2 on-site car spaces.
???Blue Chip??? location within Melbourne???s designer furniture retailers,
famous restaurants and bars between Chapel Street & Swan Street???s.
Potential Rent: Circa $80,000 p.a.
Web ref: M040810
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 55.
11.00am AEST Wednesday.
15 September 2010.
River Room, Crown Casino Melbourne.
For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/55.
Jamie Perlinger 0413 860 315
jperlinger@burgessrawson.com.au
Shaun Venables 0411 860 865
svenables@burgessrawson.com.au

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Property History for 573 Church St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$2,432,100
15 Sep 2010
Listed for Rent
21 May 1994
  • 29 Oct 2010
    Listed for Sale Not Disclosed
  • 15 Sep 2010
    Sold for $2,432,100
  • 08 Sep 2010
    Listed for Sale Not Disclosed
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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 22,564 properties. Over the last 5 years, Houses in Richmond have seen a 13.46% increase in median value, while Units have seen a 6.96% increase. As at 31 January 2026:

  • The median value for Houses in Richmond is $1,506,089 while the median value for Units is $655,807.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 41 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 991 properties were sold in the past 12 months in Richmond.

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