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202/386 Burnley Street, RichmondPrivate Inspections Only
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For Saleapartment

202/386 Burnley Street

Richmond, VIC 3121, Australia
Private Inspections Only
2 bed 2 bath 1 car

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About this property

Urban Living at Its Best - Modern Apartment in the Heart of Richmond with Strong Rental Return Welcome to the ultimate city-edge lifestyle. Perfectly positioned in one of Richmond's most connected pockets, this contemporary 2-bedroom, 2-bathroom apartment with a secure car space delivers exceptional convenience, comfort and investment appeal. Step outside and enjoy the vibrant energy of inner-city Melbourne. You're just a short stroll to Burnley Train Station, a 1-minute drive to the Burnley Tunnel, and only 5 minutes from the CBD. Downstairs, take advantage of a buzzing selection of cafes, restaurants and boutique shops, while premier entertainment venues and nightlife are all within easy reach. Inside, the apartment feels light, fresh and inviting, recently updated with new paint throughout. The open-plan living and dining area flows effortlessly onto your private balcony - the ideal spot to unwind or entertain. Thoughtfully designed for low-maintenance living, the home includes: • Split-system heating and cooling • Dishwasher and quality oven • Secure building access with excellent security • Move-in ready presentation Investor Highlight: Currently leased at $2,912 per month with a secure 12-month tenancy, this property offers a reliable rental return and outstanding investment opportunity in a high-demand location. Whether you're looking for a high-performing first investment property or adding to your existing portfolio, this apartment ticks every box. With modern comfort, excellent rental appeal and a lifestyle address second to none, this is an opportunity that promises strong long-term value. Experience the true Melbourne lifestyle - vibrant, connected and full of energy - all from your new Richmond address.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
3 months ago

Repayment calculator

$6,060/month
$3,030 /fortnight
Loan $1,000,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$250,000
Stamp duty$68,750
Conveyancing (est.)$2,000
Total upfront$320,750
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.

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 21: Burnley Street (tram)703 m away
  • Rexel923 m away
  • Dame Nellie Melba Memorial Park596 m away
  • O'Connell Reserve939 m away
  • Murphy Street Reserve955 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 2 bed

Compound growth -0.5% / yr over 4 yrs

$650kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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