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What's your home really worth?, Richmond

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Off-markethouse

What's your home really worth?

Richmond, VIC 3121, Australia

Approximate location shown. Contact agent for exact address.

2 bed152 m²

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Property Details

Property Type: house
Listing Type: Off-market
Bedrooms: 2
Land Area: 152 m²
Listed: 2 months ago

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Neighbourhood

Living in Richmond

This 2-bedroom house in Richmond, VIC 3121 sits within reach of public transport, local shops and nearby schools.

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 62: Highett Street (tram) — 526 m away
Prest Laundary — 1.1 km away
Dame Nellie Melba Memorial Park — 471 m away
Citizens Park — 485 m away
Unnamed — 649 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.

Due diligence

Property Report

Lifestyle & access

Schools

7 nearby schools

Catchment: Richmond Primary School

Public transport

Data unavailable

Traffic

Moderate congestion

Significant congestion on Bridge Road and Swan Street during morning (7-9am) and evening (5-7pm) peak hours, with increased traffic heading towards the CBD and inner suburbs. Local streets experience elevated volumes during these periods.

Noise

Low noise

Nearest: road (0.4km)

Risk & safety

Flood risk

High

Richmond, located in the lower Yarra River catchment in Melbourne's inner west, experiences significant flood risk from Yarra River inundation. The suburb has a documented history of flooding, particularly during major rainfall events, and is subject to Victorian planning overlays that regulate development in flood-prone areas. Properties in Richmond are likely to fall within or near LSIO and/or Yarra River flood study boundaries, requiring careful flood risk assessment for any development or modification.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

above average

Trend: stable

Planning & context

Zoning

GRZ1 — General Residential Zone

Melbourne Planning Scheme

Nearby development

6 projects nearby

Richmond is experiencing moderate-to-strong urban renewal focused on transit-oriented mixed-use development around its railway station and intensification along commercial streets (Swan, Church, Victoria). Heritage building conversions and adaptive reuse are significant, complemented by public realm improvements and enhanced Yarra River connectivity. The suburb remains a priority for medium-density residential infill within Melbourne's inner urban consolidation strategy.

Heritage

Heritage listed

Richmond is an inner-city Melbourne suburb with substantial heritage significance, featuring Victorian-era terraced housing, commercial architecture along Swan Street, and several state and local heritage listings. Much of the suburb falls within heritage conservation areas and local heritage overlays managed by Yarra City Council, with considerable restrictions on alterations to period properties. The area is characterized by 19th-century residential and mixed-use development with strong architectural and social heritage value.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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