Richmond at a glance
31,418
People
$1,262,500
Median sale
$644/wk
Median rent
2.65%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
VIC › Richmond › Stewart Pl
$1,600,000–$1,750,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
229 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,600,000–$1,750,000
Asking range · $6,987/m² of land
No recorded sale for this property.
Richmond at a glance
31,418
People
$1,262,500
Median sale
$644/wk
Median rent
2.65%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Richmond
+26.7%
Median sale
Suburb $1,262,500
-0.56 pp
Gross yield
Suburb 2.65%
Suburb median $1,262,500 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$95,314 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Richmond's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $644/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Richmond at a glance
31,418
People
$1,262,500
Median sale
$644/wk
Median rent
2.65%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RT Edgar RichmondNew York style architecture meets the precision of modern executive living in this perfectly positioned, multi-level Richmond residence with sweeping CBD skyline views. The result is a home where industrial character meets minimalism, creating calm in one of Melbourne's most coveted and connected inner-city pockets. Exposed brick, high ceilings and black steel rails bring presence, while warm timber and softly layered lighting create balance. Sliding doors and spatial symmetry introduce a sense of order against the industrial backdrop. Across three split levels, the layout feels intentional and refined, offering distinct zones for working, entertaining and retreating.
Greeted by an imposing staircase on entry, the first landing opens to a generous secondary living zone and curated office area, complete with a built-in corner desk designed for two. A full marble bathroom and Juliet balcony sit alongside it, while at the other end, a generous bedroom with floor-to-ceiling robes draws in the mid morning sun. Sliding doors allow the space to open or retreat as needed. Upstairs, the master suite level is light filled and spacious, featuring a dedicated dressing room with extensive cabinetry and a full mirror wall. An opulent main bedroom incorporates a full size bath and generous double shower with the bedroom zone, where wall-to-wall windows frame uninterrupted skyline views. At the top is the star of the show, where the kitchen-living domain forms the home's focal point, flowing to a large limestone terrace with space for entertaining or unwinding while the sun sets over the CBD.
Touchpad security entry, intercom, heating and cooling, quality appliances, food lift and a rare two and a half car lock-up garage lined with generous storage cabinetry rounds out this high-spec residence. Beyond the garage, a striking post-modern rock garden creates a distinctive architectural focal point, all without the constraint of a body corporate. Positioned moments from Richmond Station, trams, the MCG, Rod Laver Arena and Swan Street's top cafes and restaurants, you'll forget you're in Melbourne's most connected inner city locations, as the calm and tranquility allows you to truly make the space your own.
Listing description written by James Vine, RT Edgar Richmond — reproduced as published, not verified by Districts.