FREE Property Report

UNIT 202,
7 NEWRY STREET RICHMOND VIC 3121

This property is Off Market


  • The Average property sold price in the surrounding area is $1,562,194.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 5.08 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

For Sale Nearby

Nelson Alexander UNIT 410, 71 CANTERBURY ST, RICHMOND, VIC, 3121 Private Sale $600,000 2 Beds - 1 Baths - 1 Parking Within 0.2 km Belle Property UNIT 212, 339 BURNLEY ST, RICHMOND, VIC, 3121 $499,000 2 Beds - 1 Baths - 1 Parking Within 0.2 km Fletchers 139 MARY ST, RICHMOND, VIC, 3121 For Sale $2,300,000 - $2,500,000 3 Beds - 2 Baths - 1 Parking Within 0.3 km Fletchers 174 MARY ST, RICHMOND, VIC, 3121 For Sale $1,750,000 - $1,850,000 4 Beds - 2 Baths - Parking Within 0.4 km Belle Property 94 STAWELL ST, RICHMOND, VIC, 3121 Under Offer 2 Beds - 1 Baths - Parking Within 0.4 km Nelson Alexander UNIT 12, 10 LORD ST, RICHMOND, VIC, 3121 Auction $1,200,000 - $1,250,000 2 Beds - 2 Baths - 1 Parking Within 0.4 km Buxton 7 LORD ST, RICHMOND, VIC, 3121 Contact agent for price 3 Beds - 2 Baths - 1 Parking Within 0.5 km Century 21 314-316 BRIDGE RD, RICHMOND, VIC, 3121 P.O.A. Beds - Baths - Parking Within 0.7 km Fletchers 13 KIMBER ST, RICHMOND, VIC, 3121 Auction 18th May at 10:00am 3 Beds - 2 Baths - Parking Within 0.7 km Fletchers 9 BROOKS ST, RICHMOND, VIC, 3121 Sold 4 Beds - 2 Baths - 2 Parking Within 0.7 km Harcourts UNIT 414, THE ARK, 253 BRIDGE RD, RICHMOND, VIC, 3121 $399,000 to $438,000 1 Beds - 1 Baths - 1 Parking Within 0.9 km Nelson Alexander 44 SOMERSET ST, RICHMOND, VIC, 3121 Auction $900,000 - $990,000 2 Beds - 2 Baths - 2 Parking Within 1.0 km Belle Property UNIT 405, 32 BOSISTO ST, RICHMOND, VIC, 3121 $559,500 2 Beds - 1 Baths - 1 Parking Within 1.0 km Ray White UNIT 301, 32 BOSISTO ST, RICHMOND, VIC, 3121 530000 2 Beds - 1 Baths - 1 Parking Within 1.0 km Nelson Alexander UNIT 11, 38 BURNLEY ST, RICHMOND, VIC, 3121 Private Sale $339,000 2 Beds - 1 Baths - 1 Parking Within 1.2 km Belle Property UNIT 2, 34 LESLIE ST, RICHMOND, VIC, 3121 $1,300,000 - $1,400,000 3 Beds - 1 Baths - 2 Parking Within 1.3 km Belle Property UNIT 209, RUBY APARTMENTS, 20 BURNLEY ST, RICHMOND, VIC, 3121 Offers within $395,000 - $430,000 1 Beds - 1 Baths - 1 Parking Within 1.4 km Belle Property UNIT 9, 14 BURNLEY ST, RICHMOND, VIC, 3121 $850,000 2 Beds - 2 Baths - 2 Parking Within 1.4 km Fletchers UNIT 307, RUBY APARTMENTS, 20 BURNLEY ST, RICHMOND, VIC, 3121 For Sale $390,000 to $420,000 1 Beds - 1 Baths - 1 Parking Within 1.4 km Belle Property 82 EGAN ST, RICHMOND, VIC, 3121 Contact agent 3 Beds - 1 Baths - Parking Within 1.5 km Belle Property UNIT 23, 6 CHRISTINE CR, RICHMOND, VIC, 3121 $820,000 2 Beds - 2 Baths - 2 Parking Within 1.5 km Belle Property UNIT 60, 106 ELIZABETH ST, RICHMOND, VIC, 3121 $1,800,000 - $1,900,000 5 Beds - 2 Baths - 1 Parking Within 1.6 km Ray White UNIT 113, 8 GARFIELD ST, RICHMOND, VIC, 3121 330000 1 Beds - 1 Baths - 1 Parking Within 1.8 km Belle Property UNIT 208, 36 REGENT ST, RICHMOND, VIC, 3121 $480,000 - $500,000 2 Beds - 1 Baths - 1 Parking Within 1.9 km

Recently Sold

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About Richmond (Vic.)

With an average age of 34, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $565. The average family earns a weekly income of $3,750 with a typical household size of 2.1 and a 100.48% employment rate.

Consistent high demand relative to supply is a key feature in Richmond driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Richmond ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Richmond classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Richmond requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 3198 asthma sufferers and 1059 people living with diabetes. In addition, 1005 people have a heart/vascular condition and 2432 people live with three or more chronic diseases.

A good place to invest in property?

Richmond (Vic.) a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

77 / 100

52 / 100

Industry

100 / 100

17 / 100

Population

66 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

100 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Collingwood College Richmond Primary School Melbourne Girls College
  • Yarra Primary School

    Richmond, VIC, 3121 State Prep-6

  • Richmond Primary School

    Richmond, VIC, 3121 State Prep-6

  • Lynall Hall Community School

    Richmond, VIC, 3121 State U, 7-12

  • Trinity Catholic School

    Richmond North, VIC, 3121 Independent Prep-6

  • Hawthorn West Primary School

    Hawthorn, VIC, 3122 State Prep-6

  • Melbourne Indigenous Transition School

    Richmond, VIC, 3121 Independent 7

  • Richmond West Primary School

    Richmond, VIC, 3121 State Prep-6

  • Melbourne Girls College

    Richmond, VIC, 3121 State 7-12

  • Kamaruka

    South Yarra, VIC, 3141 Independent 3-10


Property Story

Unit 202, 7 Newry Street, Richmond, Vic, 3121 is a residential property . The estimated distance to the sea is 5.08km and 0.76KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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