125 Richardson Street
Albert Park, 3206 VIC
1910 house on a 405 m² block with 50m frontage.
Property Snapshot
1910House3 Bed1 Bath2 Off Street405 m² Land143 m² Internal50m Frontage
Investment Highlights
What makes 125 Richardson Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
405 m²
Frontage
50m
Zoning
NRZ1
Residential - Low Density
Why Buyers Look At This One
Rare add-value profile — 1910 house on a 405 m² block and a 50m frontage.
Renovate upside — modest 143 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 63m to bus, 3.1km to train station and 907m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
1
Parking
2 off-street
Internal Area
143 m²
Ownership & Value
Last Sold$3.91M
Sold DateFeb 2026
Land Value—
RPD40~43F\PP3084D
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Corner LotWide FrontageCharacter HousingResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
Auto Estimate
$3.91M
Confidence: VeryHigh · Range: $3.32M – $4.50M
3 Bed Median
$2.51M
Growth Since 2026
—
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$1k
3 Bed Yield
2.5%
Vacancy
1.6%
Rentals Last 12M
14
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: Bushfire not available in this area. Please check with local council.. Heritage: Aboriginal Cultural Heritage Sensitivity; Heritage Overlay. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 125 Richardson Street.
Train Station
3.1km
Bus Stop
63m
Schools
907m
Road Type
tertiary
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Albert Park Snapshot
Broader suburb metrics that support the local story.
Population
6,044
Owner Occupiers
61%
Social Housing
6.2%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on MarketLow Vacancy
Explore Albert Park in more detail
Deep dive into growth, demand, demographics and comparable sales.
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