29 Bickford Street, Richmond SA 5033
29 Bickford Street, Richmond SA 5033
Character bungalow on 812sqm | north-facing rear yard | 1920s character | redevelopment potential | four bedrooms
This property stands out because of its uncommon combination of a 1920s character bungalow on a substantial 812-square-metre block in a well-connected inner-west location. The large north-facing backyard is a rare advantage for a house of this vintage, offering generous outdoor space and good natural light. The four-bedroom layout on a single level suits owner-occupiers who value land and character, as well as renovators or buyers looking at future redevelopment potential. In a suburb where newer infill stock is more common, this house provides a distinctive holding with both immediate livability and long-term land value.
The building’s age and single-bathroom configuration may require updating to match modern expectations, and the internal area of 124 square metres is modest relative to the land size. A buyer should weigh the cost of any renovations against the property’s strong land component and north-facing aspect. The redevelopment potential hinted at in the description suggests zoning or subdivision possibilities could influence value, though this remains unconfirmed. The absence of verified finish specifications means a thorough inspection is needed to assess condition and determine the true scope of any work required.
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Bickford Street, Richmond SA 5033
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Richmond is a dynamic, inner-city suburb experiencing strong capital growth, driven by a young, professional demographic and significant population increase. Recent price trends reflect a robust and competitive market with solid sales activity, supported by rising household incomes. Future growth is underpinned by continued demographic tailwinds, though potential constraints include limited new listings and a high proportion of mortgaged owners, indicating sensitivity to economic conditions.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
3
Land
812m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!