Somerset StreetRichmond VIC 3121
Property Details for Lot 21 Somerset St, Richmond
Property History for Lot 21 Somerset St, Richmond, VIC 3121
- 30 Apr 2026Sold for $320,000
- 12 Dec 2009Sold for $280,000
- 15 Dec 1977Sold for $17,000
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0About 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 22,792 properties. Over the last 5 years, Houses in Richmond have seen a -10.28% decrease in median value, while Units have seen a -0.25% decrease. As at 31 July 2026:
- The median value for Houses in Richmond is $1,386,330 while the median value for Units is $653,806.
- Houses have a median rent of $885 while Units have a median rent of $620.
Suburb Insights for Richmond 3121
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