607/1 Palmer Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

607/1 Palmer Street
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 8060m2
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Property Details for 607/1 Palmer St, Richmond

607/1 Palmer St, Richmond is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2016. The property has a land size of 8060m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2016
Land Size
8060m2
Local Government
Yarra
Lot/Plan
607E/PS640914

Last Listing description (November 2021)

In accordance with government directions only fully vaccinated individuals can attend advertised opens, alternatively please contact Georgina for a private inspection.

Reward yourself with a statement of contemporary excellence with this extraordinary penthouse masterpiece. Desirably placed atop 1 Palmer St designed by Fender Katsalidis Architects, this spectacular residence has been created with an expansive use of full-height glass to capture saturating natural light and breathtaking views of the city skyline. No expense has been spared throughout the vast interior incorporating a spacious open-plan design and an array of sophisticated European finishes throughout.

- Exquisite Italian kitchen by Snaidero with tempered glass joinery, automated overhead

cupboard, drawers with timber inlays and modern stainless steel bench tops
- Gaggenau appliances including dishwasher, range, 5 burner induction and gas
cooktop, two wall ovens including a combi steam oven
- Double door side by side Liebherr integrated fridge
- Extensive walk in butler's pantry with second Gaggenau dishwasher, sink, zip tap, work
bench, cupboards and drawers and for the wine aficionados a full height Eurocave
wine fridge
- Built in study nook
- Opulent master bedroom suite with custom built in joinery, gorgeous wallpaper feature
wall, luxe WIR and a spacious ensuite with separate bath tub, shower and WC
- Two large additional bedrooms offering generous proportions
- Sleek central bathroom and powder room
- Separate zoned reverse cycle heating and air conditioning to all bedrooms and living
room
- Motorized blinds to master suite and living room, external automated shades to the
balcony
- Two huge storage rooms located internally and in the hallway
- Large walk in laundry
- Formal double door entry with beautiful sensor feature lights
- Three secure car spaces

Indulge in fabulous facilities including a rooftop deck, gym and lounge whilst also enjoying a prized location moments from Bridge Road, weekly farmers market, schools, shops, trams, Yarra River walking trails and Victoria Gardens. Downsize or upsize without the compromise to this magnificent home in the sky that ticks all the boxes. Tightly held and rarely offered presenting an exceptionally unique opportunity to purchase within one of Richmond's most coveted and prestigious buildings.

Property History for 607/1 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$2,300,000
22 Nov 2021
  • 22 Nov 2021
    Sold for $2,300,000
  • 08 Jul 2021
    Listed for Sale UNDER OFFER
  • 06 Jul 2015
    Sold for $1,981,996
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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 22,717 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:

  • The median value for Houses in Richmond is $1,487,516 while the median value for Units is $648,918.
  • Houses have a median rent of $855 while Units have a median rent of $600.
There are currently 70 properties listed for sale, and 49 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1038 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.