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601/39 Appleton Street, Richmond$420,000
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601/39 Appleton Street

Richmond, VIC 3121, Australia
$400,000 – $440,000
1 bed 1 bath 1 car

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About this property

Positioned on the sixth floor in 'Embassy', this beautifully designed one bedroom, one bathroom, one car space apartment delivers a lifestyle of effortless inner-city living with the rare bonus of a dedicated study. Thoughtfully laid out to maximise space and natural light, the home opens to a generous open-plan living and dining domain complemented by a sleek contemporary kitchen featuring stone benchtops and Bosch appliances. Floor-to-ceiling windows draws light deep into the living area, while sliding doors connect seamlessly to a private balcony the perfect spot for morning coffee or evening drinks overlooking the vibrant neighbourhood below. The spacious bedroom is privately positioned and includes built-in-robes, while the separate study provides an ideal work-from-home space, guest room or creative retreat. A stylish central bathroom, European-inspired design elements and clever storage throughout complete a floorplan that is both functional and sophisticated. Located within one of Richmond's most connected pockets, residents enjoy immediate access to the cafés, restaurants and boutiques of Swan Street and Bridge Road, along with easy walking distance to Burnley Station, city-bound trams, Victoria Gardens Shopping Centre and the Yarra River trail network. The CBD, Melbourne's sporting precinct and some of the city's most renowned dining destinations are all just moments away. Appleton Street has become increasingly popular with owner-occupiers and investors alike for its combination of warehouse-inspired architecture, contemporary apartment living and exceptional walkability. The surrounding precinct continues to benefit from Richmond's ongoing transformation into one of Melbourne's most desirable lifestyle suburbs, celebrated for its blend of historic character, vibrant hospitality scene and outstanding transport connectivity. Whether you're a first-home buyer seeking a stylish urban base, a professional wanting a city-fringe residence, or an investor looking to secure a property in a consistently high-demand location, this impressive apartment offers the perfect balance of comfort, convenience and Richmond lifestyle appeal.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
1 month ago

Repayment calculator

$2,036/month
$1,018 /fortnight
Loan $336,000 at 6.10% over 30 years

Upfront costs

Deposit$84,000
Stamp duty$20,270
Conveyancing (est.)$2,000
Total upfront$106,270
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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 1-bedroom apartment in Richmond, VIC 3121 sits within reach of public transport, local shops and nearby schools. It is listed 30% below the $600,000 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 25: River Boulevard (tram)431 m away
  • Caravan Sculpture Studios and Gallery87 m away
  • Annettes Place239 m away
  • Unnamed299 m away
  • Pridmore Park368 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 1 bed

Compound growth +0.5% / yr over 4 yrs

$418kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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