702/19 Judd Street, Richmond VIC 3121
702/19 Judd Street, Richmond VIC 3121
2 bedroom 2 bathroom apartment at 83 square metres internal, north facing on the 7th floor of the boutique Frame development designed by Hayball Architects. Includes secure parking, lift access, split system heating cooling, European laundry and keyless entry. Located 3km from Melbourne CBD with tram at the doorstep and close to Richmond Station. Positioned in a quiet sought-after pocket of Richmond near Bridge Road dining and major sporting venues.
A north-facing apartment of this size with two bathrooms and secure parking is relatively uncommon in Richmonds newer boutique developments. The orientation ensures consistent natural light through the living areas, and the seventh floor provides broad outlooks that enhance the sense of space. Being in a quiet pocket yet within easy reach of the CBD, the MCG and Bridge Road positions this property as a sanctuary for professionals who value refined finishes and low-maintenance living. It is also well suited to investors targeting demand near hospitals and transport hubs where tenancy turnover is low.
The property’s value may be influenced by the broader market conditions in Richmond, particularly given the volume of apartment stock nearby. Its north-facing orientation and higher floor might command a premium among comparable units, while the absence of building-wide amenities like a pool could narrow its appeal to some buyers. Rental yields in this precinct are generally robust, but the price point should be weighed against recent sales evidence in the immediate streets.
Detailed Independent Property Report prepared by PropCred Analyst team for 702/19 Judd Street, Richmond VIC 3121
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
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.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
526m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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