Back 40 Westbank Terrace
Off Market

40 Westbank Terrace

Richmond VIC 3121

3
1
1
House
Last sold for $1,845,000
Elliot GillElliot Gill, last sold this property on 16 May 2025 after 24 days on market.

Overview

Architectural revamp of a Yarra classic

With all the charm of its period origins and the turn key luxe of an architect’s renovation, this refreshed and rejuvenated residence is a lifestyle haven surrounded by native flora and positioned magnificently by Bridge Road and the Yarra River. On the site of the historic Richmond Racecourse converted in the 1940s, this exceptional home wastes no space, enjoys brilliant natural light, and takes every detail into account, emphasising practicality and enjoyability in daily life. Distinct from main areas and glancing across gardens, a quiet front sitting room complements wonderfully open dining and living zones; the latter sublime for lounging on a window seat and soaking in winter sun. Three broad bedrooms all boast built in robes, while a combined bath/shower, heated towel rails, and stylish floor tiles enhance a chic central bathroom. Featuring clever fitted storage, ventilating louvres, all day rays, a reader’s retreat, and glimpses of the city skyline, a fully equipped upstairs office comfortably houses at least two professionals, while other highlights of the home include a gourmet kitchen with ample cabinet space, a rolling island bench, and premium appliances, a full size laundry with second toilet, ducted heating, split system heating/cooling, hardwood floors, attic storage, shed, irrigation and integrated grey water, solar hot water, plantation shutters, and off street parking. With neighbouring Burnley Park revealing the picturesque trail skirting the Yarra, it’s mere footsteps to Richmond’s thriving bars, restaurants, and cafés, Victoria Gardens shops, childcare centres, acclaimed Hawthorn West Primary School and Melbourne Girls’ College (both zoned), and trains/trams streamlining access to the city centre, the MCG, Camberwell and Kew Junctions, and beyond.

Features

3 bedrooms
1 bathroom
1 carspace
1 open car space
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 Westbank Terrace is $1.64m.

Median value
$1.64m
Estimated value range
$811k - $4m
Median days on market
25
Estimated value trend
1%
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 Westbank Terrace

2025
Sold
$1,845,000
16 May 2025 by Elliot Gill, of Jellis Craig 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, 131 three-bedroom houses similar to 40 Westbank Terrace, have been sold.

This represents a 9% increase in three-bedroom houses sales when compared to the previous 12 months.

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