Back 1/63 Richmond Terrace
Off Market

1/63 Richmond Terrace

Richmond VIC 3121

1
1
1
Apartment
Last sold for $305,000
Peter PerrignonPeter Perrignon, last sold this property on 06 August 2022 after 128 days on market.

Overview

Fantastic Investment Opportunity

In a solidly built boutique block, this ground floor home offers a fantastic opportunity to secure a positive return with a potential rent of $350 to $365 per week. A low maintenance haven to enjoy all of the facilities that vibrant Richmond has to offer. Occupying a corner position and filled with abundant light, this easy-living apartment comprises a bright lounge and dining room overlooked by an open plan kitchen and a double bedroom with robes and served by an ensuite bathroom. Also features intercom entry in a well maintained block and enjoys the benefit of off-street parking on title. The local streets are filled with everything you need – start your day at Rowena Corner Store Café, Walk to Swan Street and Bridge Road restaurants and trams, hop down the road to the MCG for a game of footy and finish your day at the London Tavern for a drink on the way home.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Richmond over the last 12 months, the estimated median property value of 1/63 Richmond Terrace is $400k.

Median value
$400k
Estimated value range
$255k - $610k
Median days on market
24
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Richmond. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/63 Richmond Terrace

2025
Rented
Undisclosed
Leased on 07 May 2025 by MRE
2022
Sold
$305,000
06 Aug 2022 by Peter Perrignon, of Belle Property Richmond
2020
Rented
Undisclosed
Leased on 16 Mar 2020 by Belle Property Richmond

Happy sellers in Richmond

90%
90% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Richmond over the last 12 months.

Local market activity for 1 bedroom apartments in Richmond

In the last 12 months, 193 one-bedroom apartments similar to 1/63 Richmond Terrace, have been sold.

This represents a 15% increase in one-bedroom apartments sales when compared to the previous 12 months.

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