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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

405/486 Victoria Street, Richmond VIC 3121

$550,000 To $600,000

Apartment 2 Beds 1 Bath 1 Car 68 m²
Listed: 37 days ago
Updated: 6 hours ago
Overview

This well-appointed apartment offers a contemporary city-fringe lifestyle nestled in the vibrant suburb of Richmond. Spanning a smartly designed 68 square meters, the residence combines functionality with modern comfort, making it an ideal choice for professionals, downsizers, or investors seeking a low-maintenance yet stylish home.

At the heart of the apartment is an open-plan kitchen, meals, and living area that seamlessly extends onto a generous private balcony. This outdoor space provides a peaceful retreat to enjoy morning coffee or unwind in the evening, enhancing the residence's connection to the urban environment.

The kitchen is equipped with quality Bosch appliances and a gas cooktop, ensuring efficient meal preparation alongside ample storage space that supports daily living convenience. The inclusion of a separate laundry area adds further practicality to this compact home.

The layout accommodates two bedrooms, including a main bedroom with a built-in wardrobe and direct proximity to the bathroom, promoting privacy and accessibility. A second bedroom and a dedicated study nook provide flexibility for various living arrangements, whether for working from home or accommodating guests.

Heating and cooling needs are addressed with split-system air conditioning, ensuring the apartment remains comfortable year-round.

Location is a standout feature of this property. It lies within walking distance of prominent amenities including Victoria Gardens Shopping Centre, IKEA Richmond, Coles, and HOYTS Cinemas, along with a bustling strip of cafés and eateries. For outdoor enthusiasts, the nearby Main Yarra Trail offers scenic opportunities for walking, running, and cycling along the river.

Transport accessibility is excellent, with tram routes along Victoria and Church Streets providing straightforward connections to Melbourne's CBD, Bridge Road, and Swan Street. The area benefits from easy freeway access and a comprehensive public transport network, enhancing its appeal to those valuing connectivity.

  • Two-bedroom, one-bathroom apartment with one secure parking space
  • 68 square meters of internal living space
  • Open-plan kitchen with Bosch dishwasher and gas cooktop
  • Private balcony measuring 6.0m by 2.2m welcomes outdoor living
  • Built-in study nook caters to work or study needs
  • Split-system air conditioning ensures year-round comfort
  • Separate laundry facility adds convenience
  • Close proximity to shopping, dining, and entertainment hubs
  • Tram access connects to key Melbourne destinations
  • Near Main Yarra Trail for recreational activities

This apartment embodies lock-up-and-leave convenience without sacrificing lifestyle quality, making it a practical and appealing option for a variety of buyers seeking a foothold in Richmond's dynamic inner east.

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.

Location
Market Insights for Richmond VIC 3121
New Listings (last 30 days)
24
Average price
$584,688
Lowest price
$350,000
Highest price
$1,300,000
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