83 Bendigo Street, Richmond VIC 3121

Victorian double garage | north-facing open living | heritage envelope | Burnley walkability The double garage alone sets this house apart in inner Richmond where off-street parking is scarce, and the north-facing open plan gives the Victorian layout genuine modern liveability rather than just cosmetic appeal. For a buyer who wants a house that works as a family home without sacrificing period character, this property offers a rare configuration edge , the study adds work-from-home utility, and the 227m² footprint across two levels provides real space. It best suits a professional couple or small family who value immediate amenity over future expansion. Heritage overlay is the primary constraint: it limits external changes and adds approval cost for anything beyond maintenance, which effectively caps upside from renovation. The 76% site coverage leaves no room for extension, so value growth will come from location appreciation and market timing rather than improvement. With a price guide sitting above recent comparable sales, the buyer is paying a premium for the garage and the finished interior. Hold this as a long-term city-fringe residence; the rental yield at ~$1,400pw is moderate for the price, so don’t buy it expecting strong cash flow.