575 Church Street, Richmond, VIC 3121 sold on 12 August 2025 | OnTheHouse
SOLD
Sold on 12 Aug 2025 for $4,725,000

575 Church Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 2
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Property Details for 575 Church St, Richmond

Building Type
Commercial
Local Government
Yarra
Lot/Plan
1/TP12193

Last Listing description (September 2022)

OUTSTANDING OPPORTUNITY Tri Level Potential

Consider the possibilities for this corner position showcasing 2 levels of building space 440m2 approx and endorsed plans for 3rd level roof terrace in the heart of the home designer precinct offering wonderful presence and flexibility. The ground floor is currently leased as an immaculate design showroom and the first floor is vacant space to be utilized how you choose. A sought after corner location in the heart of Richmond with main road frontage, rear access and 2 car garage space, third parking space (subject to council approval). Boasting retail, dining & lifestyle amenity on Church St, Swan St and Bridge Rd & wider Richmond. Footsteps from Transport links via nearby Richmond & West Richmond Train Stations, trams & a short distance to Melbourne CBD.

Property History for 575 Church St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$4,725,000
12 Aug 2025
  • 15 Aug 2022
    Listed for Sale Contact Agent for Inspections
  • 12 Jul 2012
    Listed for Rent - Price not available
  • 11 Apr 2012
    Listed for Rent - Price not available
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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 22,565 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 57 properties listed for sale, and 41 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 994 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.