Estimated market value: $1,331,000 (Range $1.14m to $1.5m)
Notes: Valuation based on comparable sales, past sales, and available property data. High confidence rating.
June 2021 - $1,490,000
Type:
House (Edwardian Terrace)
Bedrooms:
2
Bathrooms:
1
Land (sqm):
151
Car/Garage:
No parking space . Also listed with 2 carport spaces . Discrepancy noted, likely on-street parking or potential for carports.
Estimated weekly rent:
$970 per week (Range $920pw - $1,020pw)
Most recently listed for rent in 2024 at $950 per week.
Rental vacancy rate:
1.2% (Richmond, VIC)
Council rate:
Not readily available (Requires specific property report)
Water rate:
Not readily available (Requires specific property report)
Strata fee:
Not applicable (House, not strata-titled)
Home and content insurance price:
Requires detailed quote (Dependent on many factors)
LGA:
Yarra City Council
Zoning:
Residential Land Use (Yarra Planning Scheme)
Bushfire:
Not detected
Flood:
Not detected
Heritage:
Detected (Heritage overlay on this property)
State Government:
New planning controls for areas along the Yarra River between Richmond and Warrandyte have been implemented on an interim basis by the Minister for Planning, focusing on building heights, development setbacks, and overshadowing.
Local Government:
Yarra City Council is undertaking amendments to its planning scheme, including reviews of local policies and potential permanent built form controls in various activity centers.
Yarra City Council is upgrading three small parks, including Annettes Place in Richmond.
Council is considering new speed zoning policies for 30km/h zones to increase pedestrian safety.
Burnley St/Bridge Rd #21 - Tram (Lines 48, 75)
Burnley Station/Burnley St - Train (Lilydale line)
Bus lines - Bus (Lines 200, 207, 603)
Richmond is an inner-east Melbourne suburb, highly sought after by young professionals.
Last 12 months (July 2024 - July 2025) | $1,397,500
Last 12 months (up to May 2025) | $1,331,000
Houses: -5.6% annual capital growth (up to May 2025)
2-bedroom houses: Down -4.2% (July 2024 - July 2025)