591 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

591 Bridge Road
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 64m2
Land area: 331m2
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Property Details for Lot 1/591 Bridge Rd, Richmond

Building Type
Commercial
Year Built
2011
Floor Size
64m2
Land Size
331m2
Local Government
Yarra
Lot/Plan
1/SP20203

Last Listing description (June 2021)

This is a fantastic opportunity to secure a recently refurbished office in the heart of Richmond.

Situated on Bridge Road, the property offers plenty of exposure, ample access to public transport, and an abundance of lifestyle amenities.

The premises comprises of a versatile and open plan layout with architecturally designed ceilings, large kitchen, private boardroom and a bathroom with shower.

The property features include:
- Area: 164m2
- Modern fit-out
- Kitchen
- Toilets and Shower
- Self-contained facilities
- Suits a variety of uses (STCA)

Please do not hesitate to call for further information or to arrange an inspection.

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Property History for Lot 1/591 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,100,000
21 Aug 2008
Listed for Rent
$767/w
07 Jun 2021
  • 07 Jan 2021
    Listed for Rent - Price not available
  • 21 Aug 2008
    Sold for $1,100,000
  • 23 Jul 2003
    Sold for $155,000
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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 13.46% increase in median value, while Units have seen a 6.96% increase. As at 31 January 2026:

  • The median value for Houses in Richmond is $1,506,089 while the median value for Units is $655,807.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 41 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 991 properties were sold in the past 12 months in Richmond.

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