41 Stanley Street, Richmond VIC 3121
41 Stanley Street, Richmond VIC 3121
Victorian grandeur on Richmond Hill | 4-bed house with skyline views | Premium period stock | Family-oriented prestige pocket
This property is positioned as a rare period house within one of Richmond’s most distinguished streetscapes. Its four-bedroom configuration, combined with 254 square metres of land, is competitively strong against the suburb’s typical terrace stock. Original Victorian detailing and an elevated outlook provide a distinct character advantage. The property is best suited to established families or owner-occupiers who value heritage presence, walkability to schools and retail, and the convenience of the city fringe. This combination of scale, age, and position is not commonly available, giving it a clear edge for those seeking a home rather than a unit.
Value may be shaped by the condition of kitchen and bathroom amenities, which are not fully detailed, and by the extent of original fabric retained. The heritage context might constrain external alterations, while the modest land size could limit rear extension potential. Market conditions for prestige period houses, and the quality of views from upper levels, may also influence the final price.
Detailed Independent Property Report prepared by PropCred Analyst team for 41 Stanley Street, Richmond VIC 3121
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
URL has been copied successfully!
Market Insight
Richmond is an inner-suburban market driven by young professionals and childless couples, with professional occupations dominant. House prices are broadly flat: medians range from $1.31m to $1.46m, with annual growth between -1.08% and +0.36%. Units are firmer, with medians around $518k–$640k and growth up to 4.92% in one series. Houses sit on the market 26–47 days; units sell faster at 26 days. Rental yields are modest for houses at 3.26–3.52%, stronger for units at 5.17%. Weekly rents for houses vary widely from $760 to $1015; units $595–$680. Sales volumes are solid at 292–318 houses annually. Future supply and connectivity improvements include the $1.5bn Richmond–Flinders Street corridor and Burnley TAFE redevelopment. Key constraints include high mortgage debt and flat house price growth, which could cap near-term capital gains.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: recent sales of 4-bed heritage houses on elevated city-fringe lots generally fall between $1.8M and $2.1M | Property Price Band: $1.8M–$1.9M | Value Drivers: land size, original period detail, elevation and outlook
Bedrooms
4
Bathroom
2
Parking
-
Land
253m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!