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.
$470,000–$505,000
For sale
Asking range
2
Bedrooms
1
Bathrooms
1
Car spaces
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
$470,000–$505,000
Asking range
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
-62.8%
Median sale
Suburb $1,262,500
+4.48 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.
$28,174 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 7.1%. 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 Gotham PropertyPositioned within the highly sought-after 'Embassy' precinct, this sophisticated apartment delivers an outstanding lifestyle opportunity in one of Richmond’s most vibrant and connected locations. Combining contemporary design, effortless functionality and access to an impressive suite of resident facilities, it presents the perfect balance of urban convenience and modern comfort.
Bathed in natural light, the open-plan living and dining domain flows seamlessly to a generous balcony, creating an inviting space for entertaining, relaxing or enjoying the ever-changing energy of the surrounding neighbourhood. The well-appointed kitchen is thoughtfully integrated into the living zone, featuring integrated appliances and excellent storage to complement everyday living.
Two generous bedrooms, both fitted with built-in-robes, provide comfortable accommodation and excellent flexibility for owner-occupiers, professionals or investors alike. A central bathroom, European laundry and additional storage further enhance the practicality of the floorplan, while secure entry and lift access ensure peace of mind and convenience.
Residents of 'Embassy' enjoy access to an exceptional collection of lifestyle amenities including beautifully landscaped sky gardens, rooftop entertaining areas with BBQ facilities, a fully equipped gymnasium, wellness facilities, business lounge and communal entertaining spaces designed to foster a true sense of community.
Ideally located moments from Victoria Gardens Shopping Centre, Bridge Road’s renowned retail and dining scene, Yarra River trails, parklands, trams and trains, this outstanding residence places Richmond’s best attractions at your doorstep while offering easy access to Melbourne’s CBD.
Whether you’re seeking a stylish city-edge home or a blue-chip investment in one of Melbourne’s most consistently popular suburbs, this impressive Embassy residence delivers exceptional lifestyle appeal in a location that continues to thrive.
Listing description written by Alexander Subotsch, Gotham Property — reproduced as published, not verified by Districts.