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12/389 Punt Road, Richmond$625,000
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12/389 Punt Road

Richmond, VIC 3121, Australia
$600,000 – $650,000
2 bed 1 bath 1 car

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About this property

Positioned within a charming Art Deco complex in the heart of Richmond, this beautifully updated apartment blends timeless character with modern comfort, offering generous proportions, quality finishes and an unbeatable lifestyle location moments from Melbourne's premier sporting, dining and entertainment precincts. - Situated on the first (top) floor, welcomed by an entrance hall providing excellent separation between the living and bedroom zones, complemented by additional storage. - Spacious open plan living and dining showcasing classic period features including high ceilings, built in cabinetry and an ornamental fireplace. - Modernised kitchen featuring stone benchtops, induction cooktop, dishwasher, stainless steel appliances and excellent storage. - Generous main bedroom featuring built in robes, ceiling fan and excellent natural light. - Two generous bedrooms, both fitted with built in robes and ceiling fans. - Central bathroom with shower over bath and integrated laundry facilities. - Positioned within a beautifully maintained Art Deco block of only 12. - Double glazed windows and split system heating and cooling. - Owners corporation fees approximately $750pq. - 1 X off street car space plus parking permits available (STCA). - 75sqm approx. of lifestyle living. - Estimated rental return of $625 $675 per week approx. (Up to $35,100pa). Enjoy the very best of Richmond living from this highly sought after address. Perfectly positioned moments from the MCG, Melbourne Park, Yarra River trails and the vibrant dining, shopping and nightlife precincts of Swan Street and Church Street. With Richmond Station, city bound trams and easy CBD access all within walking distance, this exceptional residence offers convenience, connectivity and lifestyle in equal measure. 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
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 weeks ago

Repayment calculator

$3,030/month
$1,515 /fortnight
Loan $500,000 at 6.10% over 30 years

Upfront costs

Deposit$125,000
Stamp duty$32,570
Conveyancing (est.)$2,000
Total upfront$159,570
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 2-bedroom apartment in Richmond, VIC 3121 sits within reach of public transport, local shops and nearby schools. It is listed 46% below the $1.15m median of 62 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)1.5 km away
  • Subscape Aquarium2.0 km away
  • Dame Nellie Melba Memorial Park1.3 km away
  • Unnamed1.4 km away
  • Citizens Park1.5 km 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 2 bed

Compound growth -0.5% / yr over 4 yrs

$650kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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