Back 406/1 Palmer Street
Off Market

406/1 Palmer Street

Richmond VIC 3121

Other
Last sold for $1,050,000
Georgina MellickGeorgina Mellick, last sold this property on 17 June 2026 after 35 days on market.

Features

Other

Estimated Value

Based on this property and similar other properties sold in Richmond over the last 12 months, the estimated median property value of 406/1 Palmer Street is $545k.

Median value
$545k
Estimated value range
$1 - $1.11m
Median days on market
22
Estimated value trend
18%
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 406/1 Palmer Street

2026
Sold
$1,050,000
17 Jun 2026 by Georgina Mellick, of MRE
2022
Rented
Undisclosed
Leased on 07 Apr 2022 by MRE
2022
Sold
$1,050,000
Private Sale/Treaty on 24 Jan 2022 by Georgina Mellick, of MRE

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 other properties in Richmond

In the last 12 months, 21 other properties similar to 406/1 Palmer Street, have been sold.

This represents a 340% decrease in other properties sales when compared to the previous 12 months.

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