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.
$1,790,000
Last sold
21 Mar 2026
3
Bedrooms
2
Bathrooms
0
Car spaces
121 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
Last sold
$1,790,000
21 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $6,964/m² of land (n=10). Districts calculation from recorded sales — not a valuation.
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
+41.8%
Median sale
Suburb $1,262,500
-0.78 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.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Belle Property RichmondExperience the perfect harmony of 1885 heritage charm and sleek contemporary luxury in this beautiful 2 bedroom 2 bathroom Victorian terrace on the park edge.
Located in one of Richmond's most prestigious pockets, this classic terrace has been reimagined for the modern connoisseur, balancing historic soul with high end comfort.
A tale of two eras, the home offers a seamless modern traditional split across two stunning levels. The lower level is an open plan sanctuary experience defined by large windows that bath in the northern light, featuring exposed brick walls, soaring ceilings with deep cornices, rich timbers and navy tones in the gorgeous living and dining areas each with a fireplace, bespoke study desk, designer bathroom and a concealed laundry.
The industrial inspired kitchen has leading appliances including a Smeg 900mm black stove and bi fold doors to the entertainer's dream of a north facing courtyard with elevated undercover patio, complete with high span roof, heat strip and ceiling fan, then sinks into an open air space featuring bench seating, a gas point for barbeque, bluestone borders, vertical gardens and gated rear lane access.
The traditional grandeur is evident upstairs in its classic balcony for your morning coffee to take in the park and city glimpses, the flexibility of 2 spacious bedrooms (one with walk in robe, the other with fireplace) with a clever layout providing opportunity for a third bedroom or second living area with fireplace and a chic bathroom.
The ultimate comfort with underfloor heating in all wet areas for those crisp Melbourne mornings, this Victorian indulgence provides split system air conditioning, keyless entry, instant hot water and double glazing on modern windows.
In a quiet parkside cul de sac, surrounded by top tier local schools including Melbourne Girl's College and Melbourne's elite private school precinct, a short stroll to lush parklands, the Yarra River, vibrant cafes and the upscale charm of Hawthorn, with Burnley station and trams only minutes away.
Listing description written by Ken Griffith, Belle Property Richmond — reproduced as published, not verified by Districts.