11/17 Kent Street, Richmond VIC 3121
11/17 Kent Street, Richmond VIC 3121
gated rear townhouse | reverse floorplan | north-facing balcony | 2BR 2BA carport | compact 67sqm lot
This townhouse is competitively positioned as a rare inner-city configuration that combines the privacy of a rear-positioned gated complex with the practical edge of a reverse floorplan. The north-facing upper bedroom and full-width balcony draw in light and airflow, which is unusual for compact lot sizes in Richmond’s apartment-heavy stock. With a carport and two bathrooms, it serves best for owner-occupier professionals or downsizers who want lock-and-leave convenience without sacrificing a house-like layout. Its walkability to West Richmond Station and Bridge Road reinforces a location-based appeal that tends to support stable demand in this corridor.
The small land size and the presence of a flood overlay may materially affect how a buyer weighs long-term value, particularly if land banking or future extension is a goal. The compact footprint limits outdoor utility, but for a household prioritising location and security over space, this might be a manageable trade-off. The rental yield implied by the configuration is reasonable, though the asking price should be tested against actual off-market benchmarks. Any premium over comparable units would need to be justified by the townhouse form and parking, not by land area.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/17 Kent Street, Richmond VIC 3121
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
✓
Richmond VIC 3121
Richmond is a suburb undergoing significant urban renewal, attracting a young professional demographic with its high-density living and major infrastructure projects. Demand is driven by childless couples and professionals, creating a robust market where units are transacting faster than houses. Recent price trends show stability in houses but stronger momentum in the unit sector. Future growth is anchored by substantial public transport upgrades and precinct revitalisations, though the market’s sensitivity to mortgage costs remains a consideration given the high proportion of indebted owners.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
67m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst