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1/9 Somerset Street, Richmond$405,000
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Soldapartment

1/9 Somerset Street

Richmond, VIC 3121, Australia
$405,000
1 bed 1 bath 1 car

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About this property

On the ground floor of a quiet, boutique group, this smartly appointed 1-bedroom apartment offers supreme lock & leave liveability and a relaxed lifestyle just minutes from the CBD. - With its own private entrance, this ground floor residence is stylishly presented and ready to be enjoyed. - Open plan in layout, the living/dining zone is a space perfect for nightly relaxation whilst providing plenty of room for entertaining family and friends. - The kitchen is well-equipped and features a stainless steel dishwasher along with space for a washing machine. - The good-sized bedroom has the convenience of a generous wardrobe. A handy study nook with desk is also offered perfect for those working from home. - Also included are a recently renovated bathroom, a private terrace and split system heating/cooling. - Finalising an impressive package is an on-site, undercover and secure parking space. Richmond West Primary School and Richmond High School are within easy reach, and the home is close to the MCG, trains & trams, Richmond Traders, Gleadell Street Market, Citizens Park and the area's exciting choice of cafes, restaurants and bars. It is also mere moments from Victoria Gardens shopping centre and Yarra River trails. Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused. The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Listed
2 months ago

Repayment calculator

$1,963/month
$982 /fortnight
Loan $324,000 at 6.10% over 30 years

Upfront costs

Deposit$81,000
Stamp duty$19,370
Conveyancing (est.)$2,000
Total upfront$102,370
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Richmond

This 1-bedroom apartment in Richmond, VIC 3121 sits within reach of public transport, local shops and nearby schools. It is listed 57% below the $945,000 median of 54 comparable apartmentswithin 5 km.

Schools near Richmond

  • St Kevin's College - Waterfordcombined
  • Richmond Primary Schoolprimary · Prep-6 · CoEd
  • Richmond West Primary Schoolprimary · Prep-6 · CoEd
  • Trinity Catholic Schoolprimary · Prep-6 · CoEd
  • Yarra Primary Schoolprimary · Prep-6 · CoEd
  • Bindjiroo Yaluk Community Schoolsecondary · 7-12 · CoEd

What's nearby

  • Stop 62: Highett Street (tram)98 m away
  • Subscape Aquarium493 m away
  • Citizens Park161 m away
  • Bromham Pl Terrace Balcony264 m away
  • Murphy Street Reserve390 m away

Richmond at a glance

Full suburb profile
Population
28,587
Median age
34
Household income
$2,245/wk
Median rent
$441/wk
Median mortgage
$2,292/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Richmond price trend

Median sold · Unit 1 bed

Compound growth +0.5% / yr over 4 yrs

$418kcurrent median

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