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This property has been sold for $582,500 on 30 May 2026

25 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.10%
Suburb median (May 2026)
$635,000(-8%)

3/391 Church Street, Richmond, VIC, 3121

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Asking Price

$600,000 - $650,000

2 Beds1 Baths
Land: 214 m2

Property overview

This 2-bedroom apartment at 3/391 Church Street in Richmond, VIC 3121 sold for $583K in May 2026, with 1 bathroom. Richmond sits about 3.5 km from the CBD, where the median unit price is $780K. Council data records heritage overlay on the site. 139 schools sit within about 5km, and the area scores 91 for walkability and 100 for transit out of 100.

For sale now

Recently sold nearby

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $650,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

  • Planning overlay risk

Listed

Updated

Days on market

25

Investment Score

Essentials feature

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Richmond at a glance

Unit market signals | VIC 3121

Full suburb profile

Median

$780K

estimate

Market signals

To CBD

4 km

Est. Valuation

$503,348

Potential Sell Price

Est. Rent/wk

$570

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 17% below suburb median
Vacancy rate 1.3%
Suburb avg 21 days on market
Going to auction
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Planning Overlays

Overlays Detected

Subdivision & Development Potential

TRZ2

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$650,000
Stamp Duty (Victoria)
$34,070
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$688,270

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Low Density
Listed
Last Updated
Postcode
3121

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