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7/21 Somerset Street, Richmond$409,000
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For Saleapartment

7/21 Somerset Street

Richmond, VIC 3121, Australia
$409,000
1 bed 1 bath 1 car

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About this property

Tucked away at the rear of a well-maintained block, this unique two-level period apartment offers peaceful living in one of Richmond's most coveted locations. Bathed in natural light and designed for modern comfort, this exceptional residence provides a rare combination of privacy and convenience with its clever split-level design. - Generous bedroom with built-in robes and abundant natural light - Spacious open-plan living and dining area - Well-appointed bright kitchen with kitchen bar area - Modern bathroom with quality fixtures, excellent storage and laundry facilities - Secure entry with intercom system - Balcony space outside your door - Dedicated secure car space on title - Split-system heating and cooling for year-round comfort - Approx. 51m2 internally - OC fees $568pq - Estimated rent up to $500 per week Just steps from the verdant expanses of Citizens Park and minutes from the vibrant Bridge Road retail and dining precinct, this address delivers the ultimate Richmond lifestyle. Richmond Station is a short stroll away, offering quick CBD access, while Bridge Road trams, Victoria Gardens Shopping Centre, and the Yarra Trail are all within easy reach. With top cafes, restaurants, and boutique shops on your doorstep, this central location truly offers the best of inner-city living Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused. The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
Yesterday

Repayment calculator

$1,983/month
$991 /fortnight
Loan $327,200 at 6.10% over 30 years

Upfront costs

Deposit$81,800
Stamp duty$19,610
Conveyancing (est.)$2,000
Total upfront$103,410
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 1-bedroom apartment in Richmond, VIC 3121 sits within reach of public transport, local shops and nearby schools. It is listed 57% below the $945,000 median of 53 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 62: Highett Street (tram)134 m away
  • Subscape Aquarium491 m away
  • Citizens Park163 m away
  • Bromham Pl Terrace Balcony295 m away
  • Murphy Street Reserve357 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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