4A Queen Street, Richmond VIC 3121
4A Queen Street, Richmond VIC 3121
Compact 3-bed townhouse | 2-car parking in inner Richmond | Small lot, high convenience | Suits downsizers or young families
This property occupies a specific niche in Richmond: a compact townhouse-style house with three bedrooms, two bathrooms, and two car spaces on a lot of roughly 160–170 square metres. The two-car parking is a genuine differentiator in this inner suburb, where off-street spaces are often scarce, and it immediately lifts the property above many older terraces for convenience. The configuration serves downsizers who want low-maintenance living without sacrificing a third bedroom, and young families who need parking and proximity to the city. It sits in the higher-density infill segment of Richmond’s housing stock — newer, more efficient, and less land-heavy than the classic period terrace — which makes it a practical choice for buyers prioritising location and amenity over garden space.
Several factors may influence how this property is valued. The small lot size means land content is limited, which can constrain long-term capital growth compared to larger parcels in the same suburb. The building age and internal finishes are not confirmed from available data, so the condition of kitchens, bathrooms, and flooring may affect appeal and required budget. The property sits on a compact site, so outdoor space is likely modest, and neighbouring density or street noise may be considerations. Buyers should verify the exact land dimensions, check for any easements or restrictions on the title, and inspect the quality of fitout carefully before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 4A Queen Street, Richmond VIC 3121
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Richmond is a suburb undergoing significant urban renewal, attracting a young professional demographic with its high-density living and major infrastructure projects. Demand is driven by childless couples and professionals, creating a robust market where units are transacting faster than houses. Recent price trends show stability in houses but stronger momentum in the unit sector. Future growth is anchored by substantial public transport upgrades and precinct revitalisations, though the market’s sensitivity to mortgage costs remains a consideration given the high proportion of indebted owners.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
170m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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