603/120 Palmer Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

603/120 Palmer Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 656m2
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Last updated 26 Jan 2026
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Property Details for 603/120 Palmer St, Richmond

603/120 Palmer St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 656m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
2011
Floor Size
40m2
Land Size
656m2
Local Government
Yarra
Lot/Plan
603/PS628087

Last Listing description (June 2016)

This superb, ultra-modern 1 bedroom apartment in the popular Niche complex captures the very essence of stylish inner-city living with all the lifestyle benefits. Enjoy a welcoming entrance hallway leading through to a chef's galley kitchen and a sunlit and spacious open-plan living and dining area. Step outside to an entertainers' balcony and prepare to be swept away by an uninterrupted view of the stunning city skyline, sure to be the talking point of all your social occasions. Head downstairs and take advantage of Bridge Road's boutique shops and cafes, the Yarra River's walking and fitness tracks, and easy access to the CBD. Blue-chip investment or a secure entry to the marketplace, inspect with confidence!
* 1 large bedroom with mirrored BIRs

* Spacious open-plan living and dining
* Stylish galley kitchen with drawer dishwasher and black granite benchtops
* Entertainers' balcony with picture-postcard city skyline views
* Luxury bathroom with oversized shower, large mirror and laundry capacity
* Split-system heating and cooling
* Chic polished floorboards throughout
* Handy basement car parking with storage cage
* Secure intercom entry
* Currently tenanted
* Moments from Bridge Road, Yarra River, Victoria Gardens shopping

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Property History for 603/120 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$390,000
14 May 2016
Listed for Rent
$380/w
23 Feb 2016
  • 14 May 2016
    Sold for $390,000
  • 19 Apr 2016
    Listed for Sale Not Disclosed
  • 30 Nov 2015
    Listed for Rent $380 / 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 22,564 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.
There are currently 57 properties listed for sale, and 44 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 989 properties were sold in the past 12 months in Richmond.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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