48 Murphy Street, Richmond, VIC 3121 sold on 21 October 2026 | OnTheHouse
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Sold on 21 Oct 2026 for $1,330,000

48 Murphy Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 215m2
Sold By
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Marshall White Boroondara
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Property Details for 48 Murphy St, Richmond

48 Murphy St, Richmond is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 215m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 2 bedroom House sold in Richmond in the last 12 months.

Building Type
House
Land Size
215m2
Local Government
Yarra
Lot/Plan
1/TP202423

Last Listing description (October 2026)

A blissfully quiet oasis in the thriving heart of Richmond, this classically elegant and solid brick, two bedroom Edwardian residence is a rare discovery that offers an exciting blend of circa-1910 heritage and terrific current day liveability with the potential to create a big and bright long-term future in one of urban Melbournes most coveted lifestyle precincts. Part of a beautifully preserved Edwardian strip of three, the home is a slice of local history enhanced by the opportunity to extend both upwards and outwards (STCA) into a deep allotment of 215 square metres (approx.) with garage parking in what were originally historically significant stables at the rear of the block.

Rich in original character, the home opens to reveal soaring period ceilings, Baltic pine flooring and a broad hallway with traditional fretwork, as well as a pair of large and freshly carpeted bedrooms one with a fireplace and built-in robes. Warmed by a roaring fireplace, lounge room leads in to an updated kitchen / meals / living room which in turn flows to paved outdoor living and a deep backyard where the sense of opportunity is tangible. Added highlights include the stables which offer an upstairs studio space above the garage parking, plus there is a bright central bathroom, a powder room / laundry, split system heating and air conditioning.

Murphy Street is one of Richmonds favourites, placing Bridge Roads caffeine, cocktails and retail buzz practically at your front door, while the Richmond Recreation Centre is also metres away and the MCG is dangerously close for a spontaneous Friday night game and Bridge Road trams can have you in the city in a few minutes.

Property History for 48 Murphy St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,330,000
21 Oct 2026
Listed for Rent
$675/w
28 Jun 2021
  • 21 Oct 2026
    Sold for $1,330,000
  • 24 Sep 2026
    Listed for Sale Reserve $1,260,000
  • 16 Jun 2021
    Listed for Rent $675 / week
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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 22,748 properties. Over the last 5 years, Houses in Richmond have seen a -12.54% decrease in median value, while Units have seen a -7.81% decrease. As at 30 September 2026:

  • The median value for Houses in Richmond is $1,368,127 while the median value for Units is $628,011.
  • Houses have a median rent of $900 while Units have a median rent of $625.
There are currently 57 properties listed for sale, and 49 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1010 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.