7/20 Park Avenue, Richmond, VIC 3121 sold on 10 March 2026 | OnTheHouse
SOLD
Sold on 10 Mar 2026 for $438,000

7/20 Park Avenue
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 595m2
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Property Details for 7/20 Park Ave, Richmond

7/20 Park Ave, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 595m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
50m2
Land Size
595m2
Local Government
Yarra
Lot/Plan
7/SP30067

Last Listing description (May 2026)

Perfectly positioned in one of Richmonds most sought-after pockets, this inviting apartment offers low-maintenance living with lifestyle appeal in equal measure. The residence delivers comfort, privacy and effortless convenience just moments from everything that makes Richmond so desirable.

Inside, a light-filled living and dining zone creates a welcoming space to relax or entertain, complemented by a well-appointed kitchen with ample storage and practical bench space. The bedroom is generously proportioned and fitted with built-in robes, serviced by a neat central bathroom. Large windows invite natural light throughout, enhancing the homes airy feel.

Additional features include off-street parking.

Situated within walking distance of Bridge Road and Swan Streets vibrant cafes, restaurants and shopping, along with parklands, transport options and quick CBD access, this is an outstanding opportunity to secure a quality rental in the heart of Richmond

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Property History for 7/20 Park Ave, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$438,000
10 Mar 2026
Listed for Rent
11 May 2026
  • 22 Apr 2026
    Listed for Rent $550 / week
  • 10 Mar 2026
    Sold for $438,000
  • 25 Jun 2025
    Listed for Rent $550 / week
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the 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 22,675 properties. Over the last 5 years, Houses in Richmond have seen a -3.75% decrease in median value, while Units have seen a -1.01% decrease. As at 31 May 2026:

  • The median value for Houses in Richmond is $1,419,063 while the median value for Units is $640,066.
  • Houses have a median rent of $880 while Units have a median rent of $600.
There are currently 70 properties listed for sale, and 68 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1049 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.