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48 Somerset Street, Richmond$1.75m
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48 Somerset Street

Richmond, VIC 3121, Australia
$1.70m – $1.80m
3 bed 2 bath 1 car7 ha

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About this property

Private and peaceful while never far from the local bustle, this first class free standing residence represents flawless execution of an architect's vision, bringing a lifestyle of instant, easy luxury to Richmond's leafy heart. Conceived, crafted, and curated with the utmost care for every detail, the 6.3 star energy rated home outperforms all norms and standards, catering brilliantly for today's needs. Expansive living and dining zones, complemented by a premium Gaggenau/Bosch kitchen with stone benchtops form a main section awash with natural light, stepping into a landscaped courtyard made for entertaining. A sumptuous master enjoys extensive robe space, a private ensuite, scenic terrace, and separate balcony, joined upstairs by two further bedrooms, a smart second bathroom, and wealth of additional storage. Without a thing to be done, the home's other highlights include double glazing, insulation, Royal Oak floorboards, wool carpets, NBN Optic Fibre Cabling, heating/cooling throughout, a video intercom, alarm, laundry, powder room, and garage with two storerooms. Metres to acclaimed public schools, zoned for Melbourne Girls' College, and close to elite colleges, while steps to coffee, cuisine, and nightlife, city bound trains and trams, Victoria Gardens and Richmond Traders shops, Citizens Park, Gleadell Street Market, the MCG, Yarra River, and iconic Bridge Road.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Land Area
7 ha
Listed
1 week ago

Repayment calculator

$8,484/month
$4,242 /fortnight
Loan $1,400,000 at 6.10% over 30 years

Upfront costs

Deposit$350,000
Stamp duty$96,250
Conveyancing (est.)$2,000
Total upfront$448,250
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 3-bedroom house in Richmond, VIC 3121 sits within reach of public transport, local shops and nearby schools. It is listed 119% above the $800,000 median of 50 comparable houseswithin 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)253 m away
  • Subscape Aquarium543 m away
  • Citizens Park200 m away
  • Murphy Street Reserve234 m away
  • Bromham Pl Terrace Balcony423 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 · House 3 bed

Compound growth -2.1% / yr over 4 yrs

$1.55mcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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