PropertyCheck.auFree appraisal
Apartment / UnitFor sale

8/178 Somerset Street, Richmond VIC 3121

3 bed2 bath0 car135 m² floorBuilt 2011

Internal laundryFloor-to-ceiling windowsLift accessResort-style facilitiesStone benchtops

PropertyCheck estimate

$1,045,000

as at Jun 2026

High confidence
Low $975kHigh $1.11m

Statistical model estimate, not a professional valuation. Range reflects a ±6.7% model deviation based on 6 comparable sales. Do not rely on it for lending or legal decisions.

Rental estimate

$900/wk

Range $830–$970 · gross yield 4.5%

Buying costs snapshot

Stamp duty ≈ $57,475 (VIC)

Repayments ≈ $4,959/mo (80% LVR, 5.9%, 30y)

Estimated value over time

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

$837k$892k$947k$1.00m$1.06m2016201820192021202220242025Value

Sales history

DateSale priceChange
11 Jul 2023$1,028,500

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.

8/178 Somerset Street, Richmond VIC 3121 — Property Value, Estimate & Sales History | PropertyCheck