Back 507/136 Burnley Street
Off Market

507/136 Burnley Street

Richmond VIC 3121

2
1
1
52 m²
Apartment
Last sold for $420,000
Justin TangJustin Tang, last sold this property on 11 June 2025 after 342 days on market.

Overview

Stylish 2 Bedroom Located In The Heart of Richmond

This apartment has never failed to secure quality tenants one after another. Currently rented at $2,475 per month until June 2026, it will be returning generous 6.75% to investor owner. What an amazing opportunity to take advantage of the market smashed by interest rate rises and hefty taxes / bills at present timing when interest rate environment and other indicators are all turning to be favourable! Located amongst all the great amenities that Richmond has to offer with Bridge Road, Victoria Gardens, public transport, parklands and a range of great cafes and restaurants all just walking distance away sits, this stylish 7-year new apartment includes long list of stylish and practical features, such as: - Well-appointed kitchen with ample cupboard space, gas cooktop and dishwasher - Open plan living and dining area opening up to balcony - Two excellent sized bedrooms both with mirrored built in robes - Modern bathroom with European laundry - Remote basement car park - Split system heating and cooling - Intercom All only 4.7km away from Melbourne CBD in the ever-charming Richmond for residents to enjoy a great life style. Please contact the agent for inspection immediately.

Features

2 bedrooms
1 bathroom
1 carspace
52 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Richmond over the last 12 months, the estimated median property value of 507/136 Burnley Street is $645k.

Median value
$645k
Estimated value range
$400k - $1.3m
Median days on market
24
Estimated value trend
2%
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 507/136 Burnley Street

2025
Sold
$420,000
Private Sale/Treaty on 11 Jun 2025 by Justin Tang, of Briggs Shaw Real Estate

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 2 bedroom apartments in Richmond

In the last 12 months, 197 two-bedroom apartments similar to 507/136 Burnley Street, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

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