Median house price
$1.20M

Sensational opportunity to purchase a low maintenance lock and leave in the heart of one of Melbourne's most desirable suburbs. Immaculately presented oozing with sophistication and a combination of leafy green and city fringe outlooks, this stunning property features generous open plan living possessing rarely seen quality and specification in its details. Appealing to the most fastidious buyer, the list of premium inclusions on offer are endless. - Separate study room - Imported Italian kitchen by Snaidero - Polished stainless steel benchtops - Grohe tapware - Gaggenau cooktop, range, oven
and dishwasher - Fully integrated Liebherr fridge - Eurocave wine fridge - Luxe bathroom with full height tiling, adjustable handheld rain shower, feature LED lighting and custom vanity with Corian sink - Two generous bedrooms; master with walk-in robe and second bedroom with balcony access - European BIR's - Timber floors throughout the living and dining rooms; wool carpet to bedrooms - Zoned reverse cycle heating and cooling - Internal store room - Alcove balcony; private and protected from the elements - No condenser on the balcony - On-site building manager - Resident amenities include: Gym, roof deck, residents lounge, bike room - Exceptional investment with an anticipated rental return of $950 per week. Predominately owner occupied and tightly held, 1 Palmer Street designed by award winning architects Fender Katsalidis represents the epitome of design excellence. Positioned in one of the most sought after locations in Richmond within walking distance to public transport, retail shopping, five-star dining, farmers markets, parks and schools; the convenience of city living is at your doorstep.
16 June 2026
$1,050,000
Sold on 16 June 2026 by MRE
24 January 2022
$1,050,000
Sold on 24 January 2022 by Melbourne RE
24 January 2022
$1,050,000 pw
Sold on 24 January 2022 by Property Type: Apartment
Richmond West Primary School
Primary · Government
25 Lennox Street, Richmond
Lynall Hall Community School
Secondary · Government
7 Gleadell Street, Richmond
A few live markers below—when you want more depth, the suburb report brings together extra stats, trends, and neighbourhood context in one place.

Median house price
$1.20M
Days on market
23 days
Auction clearance rate
87%
Properties sold
314