31 Bell Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

31 Bell Street
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 223m2
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Property Details for 31 Bell St, Richmond

31 Bell St, Richmond is a 3 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 223m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1920
Floor Size
88m2
Land Size
223m2
Local Government
Yarra
Lot/Plan
1/PS701457

Last Listing description (March 2026)

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.

Property History for 31 Bell St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,560,000
04 Mar 2022
Listed for Rent
$675/w
08 Sep 2023
  • 26 Mar 2026
    Listed for Sale Expressions of Interest $1,400,000 - $1,500,000
  • 08 Aug 2023
    Listed for Rent $675 / week
  • 27 Apr 2022
    Listed for Rent $600 / week
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. It has 20 parks covering nearly 4.9% of 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 22,714 properties. Over the last 5 years, Houses in Richmond have seen a 11.01% increase in median value, while Units have seen a 5.71% increase. As at 28 February 2026:

  • The median value for Houses in Richmond is $1,496,797 while the median value for Units is $643,047.
  • Houses have a median rent of $760 while Units have a median rent of $600.
There are currently 76 properties listed for sale, and 48 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1022 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.