19A Amsterdam Street, Richmond VIC 3121
19A Amsterdam Street, Richmond VIC 3121
Corner block in inner Richmond | 3-bed family house with 2-bath and 2-car | Freshly refreshed throughout | Walking distance to Barkly Gardens and good schools | Compact 161m² site
This house holds a genuinely competitive position in Richmond’s family market. The corner orientation gives it more natural light and street presence than a standard terrace, while the refreshed presentation means a buyer can move in without immediate renovation work. Three bedrooms, two bathrooms, and two car spaces is a practical family configuration, and being moments from Barkly Gardens plus in the catchment for Richmond Primary School strengthens its appeal to young households. It serves best those wanting inner-city house living with schools and parkland close by, rather than those seeking large land or absolute space.
The 161m² land size is the main factor to weigh when forming a price view. It is modest for a house, which may limit appeal to buyers wanting a garden or outdoor room, and the corner position can bring added street exposure or noise depending on the exact orientation. The freshness of the finishes and the functional layout may offset the smaller footprint, but the property’s value will likely hinge on how well that indoor-outdoor balance works in practice. Buyers should consider what trade-offs they accept for location over land.
|| Comparable Sales: 19A Stanley Street, Richmond sold at $1.485M for 2-bed on 329m² | Property Price Band: $1.4M–$1.5M | Value Drivers: corner position, refreshed condition, school catchment proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 19A Amsterdam Street, Richmond VIC 3121
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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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.
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PropCred Estimated Value
Comparable Sales: 19A Stanley Street, Richmond sold at $1.485M for 2-bed on 329m² | Property Price Band: $1.4M–$1.5M | Value Drivers: corner position, refreshed condition, school catchment proximity
Bedrooms
3
Bathroom
2
Parking
2
Land
159m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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