Back 71 Somerset Street
Off Market

71 Somerset Street

Richmond VIC 3121

3
1
1
182 m²
House
Last sold for $1,311,000
Emily SayersEmily Sayers, last sold this property on 23 April 2026 after 21 days on market.

Overview

TIMELESS VICTORIAN SINGLE-FRONT WITH REAR LANEWAY ACCESS

Showcasing classic Victorian street appeal and inviting interiors, this charming freestanding single-front residence occupies a north-facing 182sqm (approx.) block with valuable rear laneway access. Comfortable as is yet full of potential, with no heritage overlay, it offers an exciting opportunity to renovate, extend, or redevelop (STCA) on a wide, tree-lined street in one of Richmond’s most sought-after pockets. - Sundrenched, 182sqm (approx.) north-facing allotment, presenting an exceptional opportunity to secure a well-positioned home with space, flexibility and exciting future potential. - Welcoming entrance hallway with high ceilings and elegant archways, creating a striking first impression and a wonderful sense of openness through the home. - Two light-filled front bedrooms, peacefully positioned and enjoying excellent natural light. - Spacious central living room centred around a classic fireplace, offering a comfortable and inviting space to relax or unwind. - Versatile dining room or potential third bedroom, providing flexibility for entertaining, working from home or additional accommodation. - Bright kitchen with island bench, ample cabinetry and generous preparation space, flowing seamlessly to the outdoor entertaining area. - Central skylit bathroom featuring excellent natural light, dual vanity storage and integrated laundry facilities. - Multiple split-system heating and cooling units ensuring year-round comfort throughout the home. - Expansive brick-paved courtyard garden, creating a private outdoor setting complete with avocado tree and passionfruit vine. - Large rear garage/workshop with laneway access, providing valuable off-street parking, storage or future flexibility. - Rear laneway access via Little Kent Street and with NO heritage overlay offering scope to renovate, extend or redevelop (STCA). - Estimated rental return of $900 – $950 per week approx. (Up to $49,400pa) Location positioned in a peaceful wide, tree-lined street just moments from Citizens Park and Yarra Primary School, this address also offers easy access to Victoria Gardens Shopping Centre for everyday convenience. Enjoy the vibrant cafés, restaurants and boutique shopping along Bridge Road, Church Street and Victoria Street, while trams and North Richmond Station provide effortless access to the CBD. With Gleadell Street Market, parklands and the Yarra River trails all nearby, this location delivers an exceptional inner-city lifestyle. This sale is in conjunction with Andrew Date Industry Insider Property industryinsider.com.au Level 3, 489 Toorak Road, Toorak 3142. +613 8374 7652 Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused. The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
182 m² lot size
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 71 Somerset Street 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 71 Somerset Street

2026
Sold
$1,311,000
23 Apr 2026 by Emily Sayers, of BigginScott Richmond
2024
Rented
Undisclosed
Leased on 01 Dec 2024 by BigginScott Richmond
2022
Sold
$1,280,000
09 Mar 2022 by Emily Sayers, of BigginScott Richmond

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 28 reviews in Richmond over the last 12 months.

Local market activity for 3 bedroom houses in Richmond

In the last 12 months, 133 three-bedroom houses similar to 71 Somerset Street, have been sold.

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

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