1 Murray Street, Richmond, VIC 3121 | House for sale | OnTheHouse
 
FOR SALE
Auction $800,000 - $880,000

1 Murray Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Auction Time
Sat 19 Sep 1:00 pm
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No upcoming inspections scheduled.
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Victorian Character with Renovation & Extension Potential

Behind its classic iron-laced verandah, this single-fronted Victorian cottage presents an exciting opportunity to secure a character-filled home in one of Richmond’s most connected lifestyle locations. Set on approximately 162sqm of land, the property offers a compelling foundation for those looking to renovate, extend or create their own inner-city sanctuary (STCA).
An arched hallway and polished floorboards introduce the home’s original character, flowing through to two well-proportioned bedrooms. The front bedroom captures natural light, while the second includes a built-in robe and fireplace. A central bathroom with bath, shower and vanity services the existing accommodation.
At the rear, the kitchen and living area open to a private paved courtyard framed by established greenery and a timber pergola. While the home presents clear scope for renovation and modernisation, the existing footprint and outdoor space provide an opportunity to reimagine the interiors and explore a contemporary extension or transformation (STCA).
Richmond’s vibrant lifestyle is right at the doorstep, with Bridge Road and Swan Street’s renowned shopping, dining and café culture within easy reach. Victoria Gardens Shopping Centre, Dame Nellie Melba Memorial Park, East Richmond Station and multiple tram routes are also close by, providing exceptional everyday convenience and easy access to the CBD.
Families are particularly well catered for, with the property zoned for Yarra Primary School, Richmond High School and Melbourne Girls’ College, adding further appeal to this well-connected Richmond address.
An outstanding opportunity to renovate, extend and add value in a tightly held inner-city location, with the potential to create a bespoke Richmond home tailored to your lifestyle (STCA).
DISCLAIMER: Every care has been taken to verify the accuracy of details in this material; however, no warranty can be given, and interested parties should make their own enquiries. Particulars are for general information only and do not constitute any representation on the part of the vendor or agent.
AI VIRTUAL STAGING DISCLAIMER:
The images have been digitally enhanced using AI/virtual staging for illustrative purposes only. Furniture, décor and furnishings shown may not be present at the property. Please rely on your own inspection to verify the property’s actual presentation and features.
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Property Details for 1 Murray St, Richmond

1 Murray St, Richmond is a 2 bedroom, 1 bathroom House. The place is currently for sale with CHN Real Estate Group.

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House
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the total area. The population of Richmond in 2016 was 27705 people. By 2021 the population was 28587 showing a population growth of 3.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 43.00% of the homes in Richmond were owner-occupied compared with 40.80% in 2016.

Richmond has 22,791 properties. Over the last 5 years, Houses in Richmond have seen a -10.28% decrease in median value, while Units have seen a -0.25% decrease. As at 31 July 2026:

  • The median value for Houses in Richmond is $1,386,330 while the median value for Units is $653,806.
  • Houses have a median rent of $885 while Units have a median rent of $620.
There are currently 72 properties listed for sale, and 40 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1078 properties were sold in the past 12 months in Richmond.

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Calvin Chan
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Tabinda Naaz
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CHN Real Estate Group
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