Back 12/389 Punt Road
Off Market

12/389 Punt Road

Cremorne VIC 3121

2
1
1
Apartment
Last sold for $630,000
Brittny KsenicBrittny Ksenic, last sold this property on 17 July 2026 after 22 days on market.

Overview

ART DECO CHARM MEETS MODERN INNER CITY LIVING

Positioned within a charming Art Deco complex in the heart of Richmond, this beautifully updated apartment blends timeless character with modern comfort, offering generous proportions, quality finishes and an unbeatable lifestyle location moments from Melbourne's premier sporting, dining and entertainment precincts. - Situated on the first (top) floor, welcomed by an entrance hall providing excellent separation between the living and bedroom zones, complemented by additional storage. - Spacious open plan living and dining showcasing classic period features including high ceilings, built in cabinetry and an ornamental fireplace. - Modernised kitchen featuring stone benchtops, induction cooktop, dishwasher, stainless steel appliances and excellent storage. - Generous main bedroom featuring built in robes, ceiling fan and excellent natural light. - Two generous bedrooms, both fitted with built in robes and ceiling fans. - Central bathroom with shower over bath and integrated laundry facilities. - Positioned within a beautifully maintained Art Deco block of only 12. - Double glazed windows and split system heating and cooling. - Owners corporation fees approximately $750pq. - 1 X off street car space plus parking permits available (STCA). - 75sqm approx. of lifestyle living. - Estimated rental return of $625 – $675 per week approx. (Up to $35,100pa). Enjoy the very best of Richmond living from this highly sought after address. Perfectly positioned moments from the MCG, Melbourne Park, Yarra River trails and the vibrant dining, shopping and nightlife precincts of Swan Street and Church Street. With Richmond Station, city bound trams and easy CBD access all within walking distance, this exceptional residence offers convenience, connectivity and lifestyle in equal measure. 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.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Cremorne over the last 12 months, the estimated median property value of 12/389 Punt Road is $650k.

Median value
$650k
Estimated value range
$591k - $850k
Median days on market
22
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cremorne. 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 12/389 Punt Road

2026
Sold
$630,000
17 Jul 2026 by Brittny Ksenic, of BigginScott Richmond
2024
Rented
Undisclosed
Leased on 23 Apr 2024 by BigginScott Richmond
2023
Rented
Undisclosed
Leased on 11 May 2023 by BigginScott Richmond

Happy sellers in Cremorne

84%
84% of sellers in Cremorne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in Cremorne over the last 12 months.

Local market activity for 2 bedroom apartments in Cremorne

In the last 12 months, 14 two-bedroom apartments similar to 12/389 Punt Road, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

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