Data last updated: 08 Jun 2025
Estimated market value: $1,180,000
Notes: Estimated market value around $1.18 million, with a range from $1.02 million to $1.34 million. This estimate is based on recent sales of comparable properties in the area.
August 2021 - $1,200,000
Type:
House
Bedrooms:
2
Bathrooms:
1
Land (sqm):
186
Car/Garage:
2 (carport/off-street parking)
Estimated weekly rent:
$875
This estimate is based on the median rental price for 2-bedroom houses in Richmond for the past 6 months.
Rental vacancy rate:
2.4%
Council rate:
Not readily available via public search
Water rate:
Not readily available via public search
Strata fee:
Not applicable for a standalone house / Not readily available via public search
Home and content insurance price:
Not readily available via public search
LGA:
City of Yarra
Zoning:
Likely Residential (General Residential Zone / Neighbourhood Residential Zone, based on suburb information for Richmond).
Bushfire:
Not detected for nearby properties (e.g., 318 Burnley Street), likely not applicable.
Flood:
Not detected for nearby properties (e.g., 318 Burnley Street), likely not applicable.
Heritage:
Not explicitly detected for 293 Burnley Street; however, as an Edwardian residence in Richmond, further investigation into heritage listings is recommended.
State Government:
The 'Big Housing Build' project in the Richmond precinct (Elizabeth Street), includes new social housing developments.
Redevelopment of Victoria Gardens Shopping Centre, approved for construction of 827 new homes and expansion of retail/commercial spaces.
Local Government:
No specific local government (Yarra City Council) led developments in the immediate area were identified in public search results, with focus appearing to be on broader state-led housing initiatives and private developments.
Burnley Railway Station - Train
Burnley St/Swan St - Tram (Route 70)
Burnley Station/Burnley St - Bus (Routes 200, 246, 603, 605)
Median prices and growth rates for houses in Richmond, VIC, based on recent market data.
May 2024 - May 2025 | $1,375,000
May 2024 - May 2025 (2-bed houses) | $1,125,000
Houses: Down -2.5% (May 2024 - May 2025).
2-bedroom houses: Down -6.3% (May 2024 - May 2025).