241 Richardson Street
Princes Hill, 3054 VIC
House on a 192 m² block with 22m frontage and dual access.
Property Snapshot
House4 Bed1 Bath1 Off Street192 m² Land103 m² Internal22m FrontageDual Access
Investment Highlights
What makes 241 Richardson Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
192 m²
Frontage
22m
Zoning
NRZ1
Residential - Low Density
Why Buyers Look At This One
Renovate upside — modest 103 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 187m to bus, 1.3km to train station and 243m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
4
Bathrooms
1
Parking
1 off-street
Internal Area
103 m²
Ownership & Value
Last Sold$1.70M
Sold DateMar 2026
Land Value—
RPD1\TP411399
Planning & Site
Property TypeResidential
AccessDual Access
Height Limit—
Max Storeys—
Dual Street AccessWide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
Auto Estimate
$1.70M
Confidence: VeryHigh
4 Bed Median
$2.59M
Growth Since 2026
—
Suburb 4 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$1k
4 Bed Yield
2.9%
Vacancy
—
Rentals Last 12M
—
Suburb 4 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: Heritage Overlay. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 241 Richardson Street.
Train Station
1.3km
Bus Stop
187m
Schools
243m
Road Type
residential
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.
Princes Hill Snapshot
Broader suburb metrics that support the local story.
Population
2,005
Owner Occupiers
53%
Social Housing
8.1%
Crime Index
—
Not available
Explore Princes Hill in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
