305/120 Palmer St

Off Market

305/120 Palmer St

Richmond VIC 3121

Apartment

Last sold for $350,000

Emily Sayers, last sold this property on 19 January 2026 after -21 days on market.

Overview

INNER-CITY CONVENIENCE WITH SPACE, LIGHT AND SECURITY

Perfectly positioned in the heart of Richmond, this well-presented one-bedroom apartment delivers secure, low-maintenance living with excellent indoor–outdoor flow. Designed with smart use of space and quality finishes throughout, it offers comfort, convenience, and an enviable lifestyle just moments from shops, transport, and parklands. - Spacious open plan living and dining area extending to a generous undercover balcony, ideal for alfresco dining or relaxed everyday living. - Sleek stone kitchen featuring quality appliances, gas cooktop, dish draw, glass splashback, and excellent storage throughout. - Comfortable double bedroom filled with natural light and fitted with mirrored built-in robes. - Well-appointed central bathroom showcasing a full-sized rain shower with frameless glass, floor-to-ceiling tiling, mirrored cabinetry, vanity basin, and sleek silver tapware. - Complemented by a European laundry, thoughtfully designed for everyday practicality and convenience. - Additional features include timber flooring throughout, split-system heating and cooling for year-round comfort, secure entry with video intercom, and lift access. - One secure undercover car space plus an accompanying storage cage. - Approximately 46sqm of lifestyle living. - Estimated rental return of $475 - $500 per week approx. (Up to $26,000 pa). Enjoy immediate access to Bridge Road’s cafés, restaurants, and retail, with trams nearby and easy trips to the CBD and MCG. Close to Victoria Gardens, the Yarra River trails, and local parklands, this address places lifestyle and convenience right at the 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 305/120 Palmer St is $400k.

Median value

$400k

Estimated value range

$255k - $610k

Median days on market

Estimated value trend

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 305/120 Palmer St

2026

Sold

$350,000

19 Jan 2026 by Emily Sayers, of BigginScott Richmond

2024

Rented

Undisclosed

Leased on 28 May 2024 by LongView Real Estate

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 305/120 Palmer St, have been sold.

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

Sold

For Sale

For Rent

Interested in selling?

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