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402/486 Victoria Street, Richmond VIC 3121

$400,000 - $440,000

Apartment 1 Bed 1 Bath 1 Car 44 m²
Listed: 22 days ago
Updated: 6 hours ago
Overview

Positioned in the heart of Richmond, this well-proportioned one-bedroom apartment invites an abundance of natural light through its floor-to-ceiling sliding doors that seamlessly connect the open living area to an expansive private balcony. Measuring approximately 5.4 by 2.7 metres, the balcony offers an outdoor retreat enhanced by tree-lined vistas and distant city skyline views, suitable for dining, relaxing, or entertaining.

Inside, a cohesive palette of timber-look flooring, muted grey cabinetry, and crisp white tiled splashbacks establishes a serene atmosphere that speaks to practicality and comfort. The compact 44 square metre layout maximises usable space with an open-plan kitchen equipped with a gas cooktop, oven, dishwasher, and pantry, ensuring an efficient culinary experience easily integrated with living areas.

  • The bedroom's capacity for a queen-sized bed complemented by built-in robes emphasises practical comfort.
  • The contemporary bathroom features a walk-in shower, a wall-hung timber vanity, and mirrored shelving for sleek storage solutions.
  • With the inclusion of a split-system heating and cooling unit and internal laundry facilities, everyday functionality is well catered for.
  • A secure car space and an additional storage cage contribute rare convenience, especially in such an accessible inner-city location.

Conveniently located a short stroll from Victoria Gardens Shopping Centre — providing retail, cinema, and dining options — the apartment also benefits from proximity to local hospitality venues and easy tram access along Victoria Street, facilitating a connected urban lifestyle. For moments of leisure, the nearby Yarra River trails and Williams Reserve offer natural spaces for outdoor activities.

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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