Back 7/50 Burnley St
Off Market

7/50 Burnley St

Richmond VIC 3121

1
1
1
Apartment
Last sold for $295,000
Andrew MelilliAndrew Melilli, last sold this property on 27 June 2020 after 87 days on market.

Overview

Prime Investment or Entry Level Opportunity

***This property is available for inspection by appointment - Please contact us to arrange a suitable time*** A secure, ground floor 1 bedroom 1 bathroom apartment in the heart of Richmond. Moments away from Victoria Street amenities and opposite Victoria Gardens, this entry level unit is perfect for first home buyers or investors looking for a strong rental return. Found in a boutique block, other features include off street parking and European laundry. *** COVID-19 Announcement *** If you're attending a Private Appointment, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team members, and if requested wait outside until the property is ready for the appointment. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance. Thank you.

Features

1 bedroom
1 bathroom
1 carspace
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 7/50 Burnley 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 7/50 Burnley St

2020
Sold
$295,000
Private Sale (EOI) on 27 Jun 2020 by Andrew Melilli, of Nelson Alexander Kew
2018
Rented
Undisclosed
Leased on 03 Jun 2018 by Nelson Alexander Fitzroy

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 26 reviews in Richmond over the last 12 months.

Local market activity for 1 bedroom apartments in Richmond

In the last 12 months, 200 one-bedroom apartments similar to 7/50 Burnley St, have been sold.

This represents a 10% increase in one-bedroom apartments sales when compared to the previous 12 months.

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