8/27 Somerset St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Unit sold in Richmond in the last 12 months.
Light-filled and thoughtfully laid out, the apartment features a north-facing living and kitchen area that captures an abundance of natural light. The kitchen offers excellent functionality, while the living zone provides a welcoming space to relax, complete with an electric log fireplace and reverse cycle heating and cooling.
The good-sized bedroom includes built-in robes and is serviced by an ensuite bathroom. Additional features include ample storage, split-system heating and cooling, and charming Art Deco details throughout. Secure entr, and an undercover off-street car space further enhance convenience.
Ideally located in a quiet pocket just moments from Bridge Road, enjoy easy access to popular cafs, restaurants, and local pubs. Citizens Park, Gleadell Street Market, Victoria Gardens Shopping Centre, and West Richmond Station are all nearby, along with excellent public transport options and the Melbourne Sports and Entertainment Precinct.
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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 22,679 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:
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