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31 Bell Street, Richmond$1.40m
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Soldhouse

31 Bell Street

Richmond, VIC 3121, Australia
$1.40m
3 bed 1 bath 1 car224 m²

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About this property

Expressions of Interest closing Tuesday 21st of April at 2pm Among the leafy seclusion of a one way avenue just seconds from Swan Street, this classic Bungalow represents a rare Richmond landholding primed for redevelopment. With no heritage overlay affecting the property and the significant advantage of dual laneway access, the site offers outstanding scope for architects, builders and developers to maximise the land by building to the boundaries and exploring multi-dwelling or luxury home outcomes (STCA). The existing home, defined by its Bell Street façade and '20s character, provides comfortable accommodation or rental income while future plans are prepared. The current layout includes three large bedrooms, bathroom, living and dining areas, functional kitchen, and a deep backyard with oversized sheds, space for a car, second toilet and laundry. However, the true value lies in the land, access and flexibility of the site a genuine blank canvas in one of Richmond's most tightly held pockets. Positioned within walking distance of Swan Street, Melbourne Park, the MCG, Chapel Street, Bridge Road, city-bound trains and trams, the Yarra River, parklands, restaurants, shopping and nightlife, this is a rare opportunity to secure a blue-chip Richmond site with exceptional future potential.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
224 m²
Listed
3 months ago

Repayment calculator

$6,787/month
$3,394 /fortnight
Loan $1,120,000 at 6.10% over 30 years

Upfront costs

Deposit$280,000
Stamp duty$77,000
Conveyancing (est.)$2,000
Total upfront$359,000
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Richmond

This 3-bedroom house in Richmond, VIC 3121 sits within reach of public transport, local shops and nearby schools. It is listed 12% above the $1.25m median of 55 comparable houseswithin 5 km.

Schools near Richmond

  • St Kevin's College - Waterfordcombined
  • Richmond Primary Schoolprimary · Prep-6 · CoEd
  • Richmond West Primary Schoolprimary · Prep-6 · CoEd
  • Trinity Catholic Schoolprimary · Prep-6 · CoEd
  • Yarra Primary Schoolprimary · Prep-6 · CoEd
  • Bindjiroo Yaluk Community Schoolsecondary · 7-12 · CoEd

What's nearby

  • Stop 20: Coppin Street (tram)685 m away
  • Rexel1.1 km away
  • Dame Nellie Melba Memorial Park405 m away
  • Murphy Street Reserve869 m away
  • Citizens Park926 m away

Richmond at a glance

Full suburb profile
Population
28,587
Median age
34
Household income
$2,245/wk
Median rent
$441/wk
Median mortgage
$2,292/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Richmond price trend

Median sold · House 3 bed

Compound growth -2.1% / yr over 4 yrs

$1.55mcurrent median

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