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5 Union Street, Richmond$1.45m
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For Salehouse

5 Union Street

Richmond, VIC 3121, Australia
$1.40m – $1.50m
3 bed 1 bath 2 car246 m²

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About this property

Expressions of Interest Flexible settlement terms. Set in a tightly held blue-chip pocket of Richmond Hill, 5 Union Street presents an exceptional opportunity for renovators, investors or those looking to create a bespoke inner-city residence. With its prized position and generous land dimensions, this is a rare offering where potential and location align seamlessly. Occupying approximately 8.7m x 28m, the property offers flexible accommodation of three to four bedrooms, a spacious living zone, and a substantial outdoor area ready to be reimagined. Whether you choose to renovate, extend or completely transform (STCA) the possibilities here are truly exciting. A standout feature is the valuable off-street parking with direct access from Lennox Street, accommodating up to two vehicles, an increasingly rare luxury in this sought-after precinct. Positioned just moments from the vibrant lifestyle attractions of Bridge Road, with public transport at your doorstep, and only a short stroll to the MCG and Melbourne's CBD, this address delivers unmatched convenience alongside lifestyle appeal. A rare parcel of prime Richmond real estate, ready for its next chapter.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
246 m²
Listed
1 month ago

Repayment calculator

$7,030/month
$3,515 /fortnight
Loan $1,160,000 at 6.10% over 30 years

Upfront costs

Deposit$290,000
Stamp duty$79,750
Conveyancing (est.)$2,000
Total upfront$371,750
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 3-bedroom house in Richmond, VIC 3121 sits within reach of public transport, local shops and nearby schools. It is listed 39% above the $1.04m median of 63 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)604 m away
  • Subscape Aquarium1.1 km away
  • Unnamed461 m away
  • Citizens Park657 m away
  • Bromham Pl Terrace Balcony701 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

Listing price changes

1 price change recorded for this property

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