31 Bell St, Richmond is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 224m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom House sold in Richmond in the last 12 months.
Expressions of Interest closing Tuesday 21st of April at 2pmAmong the leafy seclusion of a one way avenue just seconds from Swan Street, this classic Bungalow represents a rare Richmond landholding primed for redevelopment. With no heritage overlay affecting the property and the significant advantage of dual laneway access, the site offers outstanding scope for architects, builders and developers to maximise the land by building to the boundaries and exploring multi-dwelling or luxury home outcomes (STCA). The existing home, defined by its Bell Street faade and 20s character, provides comfortable accommodation or rental income while future plans are prepared. The current layout includes three large bedrooms, bathroom, living and dining areas, functional kitchen, and a deep backyard with oversized sheds, space for a car, second toilet and laundry. However, the true value lies in the land, access and flexibility of the site a genuine blank canvas in one of Richmonds most tightly held pockets. Positioned within walking distance of Swan Street, Melbourne Park, the MCG, Chapel Street, Bridge Road, city-bound trains and trams, the Yarra River, parklands, restaurants, shopping and nightlife, this is a rare opportunity to secure a blue-chip Richmond site with exceptional future potential.
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 22,676 properties. Over the last 5 years, Houses in Richmond have seen a -3.75% decrease in median value, while Units have seen a -1.01% decrease. As at 31 May 2026:
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