40 Somerset St

Off Market

40 Somerset St

Richmond VIC 3121

House

Lili Read, last sold this property on 15 May 2026 after 23 days on market.

Overview

Refined Inner-City Living with Seamless Indoor-Outdoor Appeal

Gracefully positioned in one of Richmond's most coveted pockets, this charming three-bedroom cottage at 40 Somerset Street delivers an elevated take on inner-city living - where timeless character meets refined comfort and exciting future potential. Bathed in natural light and framed by leafy surrounds, the home's classic façade introduces interiors that feel both warm and sophisticated. Three well-proportioned bedrooms offer serene retreats, while a beautifully maintained central bathroom serves with ease. At the heart of the home, an open-plan living and dining domain unfolds with effortless flow, anchored by a stylishly appointed kitchen and extending seamlessly through wide-opening doors to a private alfresco setting - creating a beautiful indoor-outdoor connection ideal for entertaining or relaxed everyday living. Outdoors, the tranquil setting invites long lunches, evening gatherings, or quiet moments immersed in greenery. While the home is immediately comfortable, it also presents a rare opportunity to further enhance or reimagine (STCA), adding long-term value in a blue-chip locale. Just moments from the greenery of Citizens Park and the amenities of Richmond Recreation Centre, with an array of celebrated cafés, restaurants, and transport options all within a short stroll, the address offers a lifestyle defined by convenience and connection. An exceptional opportunity to secure a refined Richmond residence with enduring appeal and limitless promise.

Features

3 bedrooms

1 bathroom

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Richmond over the last 12 months, the estimated median property value of 40 Somerset St is $1.62m.

Median value

$1.62m

Estimated value range

$860k - $4m

Median days on market

Estimated value trend

increase 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 40 Somerset St

2026

Sold

Undisclosed

Auction Sale on 15 May 2026 by Lili Read, of Marshall White - Hawthorn Boroondara

2014

Sold

$985,000

Auction Sale on 16 May 2014 by Edward Hobbs, of BigginScott Richmond

Happy sellers in Richmond

91%

91% 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 29 reviews in Richmond over the last 12 months.

Local market activity for 3 bedroom houses in Richmond

In the last 12 months, 135 three-bedroom houses similar to 40 Somerset St, have been sold.

This represents a 6% increase in three-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Richmond for a free market appraisal.

Ken Griffith

at Belle Property Richmond

4.7

(93 reviews)

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Daniel Atsis, George Mitry

at Belle Property Richmond

4.8

(13 reviews)

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David Umana

at Ray White Southbank | Melbourne City

4.9

(48 reviews)

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Daniel Finlayson, Daniel Atsis

at Belle Property Richmond

4.7

(9 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Richmond

Ken Griffith

Sellers who recommend Ken Griffith have praised them for being local expert, clear communication, honest, reliable, supportive, responsive and friendly