608/1 Palmer Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

608/1 Palmer Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 8060m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low

High
Save

Property Details for 608/1 Palmer St, Richmond

608/1 Palmer St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 8060m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
2016
Floor Size
59m2
Land Size
8060m2
Local Government
Yarra
Lot/Plan
608E/PS640914

Last Listing description (April 2025)

Evolving from its former use as a foundry, this development now offers superb inner Melbourne accommodation. This apartment projects a perfect layout, showcasing high ceilings, open plan living space, and flow out to the BBQ friendly balcony. The stunning Italian kitchen is enormous, the finishes being a stainless-steel bench top, Gaggenau appliances, integrated fridge, Grohe tap wear & LED lit drawers. The bedroom is perfectly proportioned and laid with 100% wool blend carpet and ample wardrobe space. The bathroom is super stylish & sophisticated, and the study has generous space with natural light allowing you to work whilst enjoying the comforts of your own home.

Everything is ducted, integrated, remote controlled or soft close, this apartment even has a storeroom in the apartment and there is one off streetcar space.

Jaques wouldn't be complete without a state-of-the-art gym filled with 'Technogym' equipment.

If the above isn't enough, let's talk about location, because it's the best on offer. Situated close to Bridge Road only 100m from the Gleadell St Market, trams to the city are practically on your doorstep, shops are a stroll away but without the hustle and bustle of the main roads. Discover more via our Place Guides today.

Booking an inspection is easy! Simply click on Request a Time to register your details for
an inspection time that suits you. Alternatively, Get in Touch with our Liveability Agents to enquire today, we look forward to meeting you soon!

By registering, you will be instantly informed of any updates, changes, or cancellations to your appointment.

Applications are processed after inspections have been completed. A link to apply will be provided at the inspection.

Property History for 608/1 Palmer St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$515,000
18 Sep 2015
Listed for Rent
$625/w
22 Oct 2024
  • 30 Jun 2023
    Listed for Rent $575 / week
  • 14 May 2020
    Listed for Rent $425 / week
  • 18 Sep 2015
    Sold for $515,000
Sign in to see more transactions
Commute Calculator

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 60 properties listed for sale, and 45 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 983 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

Market Insights
Richmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Richmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.