PropertyCheck.auFree appraisal
Townhouse

116 Somerset Street, Richmond VIC 3121

4 bed2 bath2 car243 m² land212 m² floorBuilt 2001

Secure parkingPrivate courtyardStudy nookDucted air conditioningEnsuite to main

PropertyCheck estimate

$1,789,000

as at Jun 2026

Medium confidence
Low $1.60mHigh $1.97m

Statistical model estimate, not a professional valuation. Range reflects a ±10.3% model deviation based on 6 comparable sales. Do not rely on it for lending or legal decisions.

Rental estimate

$1060/wk

Range $975–$1145 · gross yield 3.1%

Buying costs snapshot

Stamp duty ≈ $98,395 (VIC)

Repayments ≈ $8,489/mo (80% LVR, 5.9%, 30y)

Estimated value over time

Today's estimate carried back along the Richmond house price index.

$1.38m$1.48m$1.59m$1.70m$1.80m2016201820192021202220242025Value

Sales history

DateSale priceChange
7 Sep 2023$1,761,500

The evidence behind this estimate

Recent comparable sales, indexed to today and adjusted for attribute differences. This is the transparency most estimators keep behind a paywall.

116 Somerset Street, Richmond VIC 3121 — Property Value, Estimate & Sales History | PropertyCheck