Back 408/120 Palmer St
Off Market

408/120 Palmer St

Richmond VIC 3121

1
1
1
0 m²
Apartment
Last sold for $363,000
Luke SchickerlingLuke Schickerling, last sold this property on 01 March 2018 after 471 days on market.

Overview

A compelling inner city equation

A sleek and stunning apartment in the heart of thriving Richmond. Ideal for first home owners, downsizers or astute investors with an eye for value. Comprising, but not limited to, a sleek modern kitchen with granite bench tops and stainless steel appliances, Bright north facing open plan living showcasing stylish timber floors and generous north facing private alfresco balcony. Completed by a spacious bedroom with robes and a bathroom and laundry facilities. Positioned to capitalise on Richmond's famous restaurants and cafes as well as accessing public transport, Victoria Gardens and the Yarra walking trails.

Features

1 bedroom
1 bathroom
1 carspace
0 m² lot size
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 408/120 Palmer St is $400k.

Median value
$400k
Estimated value range
$255k - $602k
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 408/120 Palmer St

2018
Rented
Undisclosed
Leased on 11 Oct 2018 by Jellis Craig South Yarra
2018
Sold
$363,000
01 Mar 2018 by Luke Schickerling, of Jellis Craig South Yarra

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 26 reviews in Richmond over the last 12 months.

Local market activity for 1 bedroom apartments in Richmond

In the last 12 months, 189 one-bedroom apartments similar to 408/120 Palmer St, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

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