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1/17-19 Lambert Street, Richmond VIC 3121

Auction | Sat 12th Sep 11:00 AM

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$450k - $495k Low Confidence Calculated based on limited search observations.

Apartment 2 Beds 1 Bath 1 Car

Listed: 19th Aug 2026

Updated: 57 days ago

Overview

Nestled within the vibrant Richmond neighborhood, this fully renovated two-bedroom apartment exemplifies contemporary urban living with utmost convenience. Positioned on the first floor, the residence welcomes residents into a bright, open living and dining space accented by elegant floorboards, creating an inviting atmosphere for relaxation and entertaining.

The renovation extends throughout the home, showcased notably in the kitchen which features stone benchtops, a gas cooktop, dishwasher, and crisp white cabinetry. This turnkey setup eliminates any immediate need for updates, allowing occupants to simply move in and enjoy.

Both bedrooms are generously proportioned and come equipped with built-in robes, adding practical storage solutions. The bathroom impresses with floor-to-ceiling tiling and a walk-in shower, its neutral palette offering a fresh backdrop adaptable to any décor style.

The building boasts robust solid brick construction, well maintained, and enhanced by secure entry systems providing peace of mind. A distinct highlight is the inclusion of a personal carport—an uncommon find so close to Melbourne's city center.

Location is key, with the apartment situated just a short stroll to Richmond and West Richmond train stations, and trams along Church and Victoria Streets. This accessibility ensures seamless commuting options to the CBD, only three kilometers away. The surrounding precinct is rich with lifestyle offerings including famed Vietnamese eateries on Victoria Street, boutique shopping and brunch on Bridge Road, alongside a diverse range of bars, pubs, and casual dining on Swan Street. Nearby attractions such as the MCG, Yarra River trails, and Victoria Gardens Shopping Centre further enhance the lifestyle appeal.

This property presents a compelling opportunity for first home buyers seeking entry into a popular suburb without the cost burden of a house, for investors desiring low maintenance and strong rental demand backed by excellent location and access to employment and lifestyle hubs, and for professionals seeking well-appointed, secure, and conveniently positioned accommodation.

Bright and airy living and dining area with floorboards
Modern kitchen with quality finishes and appliances
Two spacious bedrooms with built-in robes
Contemporary bathroom featuring a walk-in shower
Secure entry building with robust brick construction
Convenient personal carport
Exceptional proximity to public transport and vibrant local amenities

Overall, an impeccably renovated apartment in a prime location, combining functionality with lifestyle benefits, ready for the next owner to call home.

Local Market Insights

In Richmond, Quiet Listings observed 24 new apartments entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $584,688. The property type mix of listed properties is predominantly Apartments at 46%, followed by houses (33%), and commercial properties (13%). The most active agency for apartments in the Richmond area is currently Jellis Craig, representing 46% of new listings, followed by Dingle Partners with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.