Back 2/87 Westbank Terrace
Off Market

2/87 Westbank Terrace

Richmond VIC 3121

1
1
1
Apartment
Last sold for $455,000
Emily SayersEmily Sayers, last sold this property on 10 June 2025 after 12 days on market.

Overview

TRANQUIL GROUND-FLOOR APARTMENT IN PRIME RICHMOND POCKET

Tucked away in a leafy, parkland and river-edge setting, this impressively proportioned garden apartment delivers a low-maintenance lifestyle or an ideal investment in a prized East Richmond pocket. Set on the ground floor of a stylish boutique block of just nine, it offers both convenience and quiet charm. - Light filled spacious living/dining area with polished parquetry floors - Reverse cycle heating and cooling for year-round comfort - Stylish open plan kitchen with black granite benchtop, glass splashbacks, gas cooktop and dishwasher - Generous double bedroom with built-in robes - Fully tiled, designer bathroom with European laundry - Private, low-maintenance courtyard – ideal for relaxing or entertaining - On-title off-street parking - Potential rent $475-$500pw - Owner’s corporation fees $744pq approx. - 60sqm approx of lifestyle living (47sqm approx. internally) - Only 9 apartments in the block Prime location between Bridge Road and Swan Street, just moments from cafes, restaurants, and shops. Enjoy easy access to a network of public transport, Victoria Gardens Shopping Centre, Burnley Park, and the Yarra River trail, with the vibrant shopping, dining, and nightlife of Bridge Road and Swan Street right at your doorstep. 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

1 bedroom
1 bathroom
1 carspace
1 carport 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 2/87 Westbank Terrace is $400k.

Median value
$400k
Estimated value range
$255k - $610k
Median days on market
25
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 2/87 Westbank Terrace

2025
Sold
$455,000
10 Jun 2025 by Emily Sayers, of BigginScott Richmond
2022
Rented
Undisclosed
Leased on 22 Jun 2022 by Jellis Craig South Yarra
2020
Rented
Undisclosed
Leased on 03 Feb 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, 191 one-bedroom apartments similar to 2/87 Westbank Terrace, have been sold.

This represents a 16% increase in one-bedroom apartments sales when compared to the previous 12 months.

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