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406/1 Palmer Street, Richmond$1.05m
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For Saleapartment

406/1 Palmer Street

Richmond, VIC 3121, Australia
$1.05m
2 bed 2 bath 2 car106 m²

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About this property

Oozing with contemporary style and timeless sophistication, the exceptional quality is evident from the moment you enter this impressive property. Welcomed by a spacious open plan living and dining area, the home is enhanced by beautiful treetop outlooks and captivating city fringe views. The fully equipped European kitchen features premium Gaggenau and Liebherr appliances, while two generously sized bedrooms positioned at opposite ends of the residence provide both comfort and privacy. A large separate study further enhances the flexibility and functionality of the home. Showcasing spacious proportions and bespoke finishes throughout, this impeccably designed residence offers a refined lifestyle that is sure to impress. Features and finishes include: Large separate study room Italian kitchen featuring polished stainless steel benchtops Gaggenau appliances including cooktop, range, oven and dishwasher Fully integrated Liebherr fridge Eurocave wine fridge Luxe bathrooms with full height tiling, Grohe rain showers, feature LED lighting and custom vanities Power blinds to living and bedrooms Two generous bedrooms: master with walk-in robe and second bedroom with balcony access European BIR's Timber flooring throughout living, study and dining, wool carpet to bedrooms Zoned reverse cycle heating and cooling Internal storeroom Private alcove balcony protected from the elements On-site building manager Resident amenities include gym, roof deck, residents lounge, bike room Positioned within one of Richmond's most sought-after locations, 1 Palmer Street, designed by award winning architects Fender Katsalidis, represents the epitome of design excellence. Ideally located within walking distance to public transport, retail shopping, five-star dining, farmers' markets, parks, and schools, this outstanding address delivers the very best of city edge living.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
2
Land Area
106 m²
Listed
1 month ago

Repayment calculator

$5,090/month
$2,545 /fortnight
Loan $840,000 at 6.10% over 30 years

Upfront costs

Deposit$210,000
Stamp duty$57,750
Conveyancing (est.)$2,000
Total upfront$269,750
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. It is listed 29% above the $815,000 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 20: Coppin Street (tram)272 m away
  • Prest Laundary478 m away
  • Murphy Street Reserve115 m away
  • Citizens Park259 m away
  • Bromham Pl Terrace Balcony544 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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