49-51 Neptune Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

49-51 Neptune Street
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 96m2
Land area: 266m2
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Last updated 18 May 2026
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Property Details for 49-51 Neptune St, Richmond

49-51 Neptune St, Richmond is a 3 bedroom, 1 bathroom House. The property has a land size of 266m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Floor Size
96m2
Land Size
266m2
Local Government
Yarra
Lot/Plan
1/TP224698

Last Listing description (May 2026)

Expressions of Interest closing Tuesday 26th May at 2pmOptimally positioned just moments from the vibrant hub of Bridge Road, this single-level residence offers impressively spacious proportions and a well-considered floorplan. Beautifully maintained and ready for immediate enjoyment, the generous allotment of approximately 266sqm, combined with its prime lifestyle setting, presents an exceptional opportunity to create your dream home. With outstanding potential for a smart renovation, a contemporary new build or a rewarding development (STCA), this property is rich with possibilities. The existing layout features a functional kitchen with space for casual meals, a welcoming living area, three well-sized bedrooms and a central bathroom. At the rear, a deep north-facing garden is bathed in natural light and includes an undercover alfresco area and storage shed. Additional highlights include a separate laundry, air conditioning and off-street parking. Ideally located near sought-after amenities including Citizens Park, Burnley Park, the Yarra River, Richmond Recreation Centre and Melbourne Girls College. Excellent transport options are also within easy reach, with multiple tram routes, Burnley Station, bike paths and convenient freeway access nearby.

Property History for 49-51 Neptune St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,400,000
24 Sep 2018
Listed for Rent
$650/w
12 Sep 2023
  • 28 Apr 2026
    Listed for Sale Expressions of Interest $1,300,000 - $1,400,000
  • 01 Aug 2023
    Listed for Rent $650 / week
  • 01 Jul 2021
    Listed for Rent $650 / 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 22,694 properties. Over the last 5 years, Houses in Richmond have seen a -0.76% decrease in median value, while Units have seen a -0.86% decrease. As at 30 April 2026:

  • The median value for Houses in Richmond is $1,435,356 while the median value for Units is $636,503.
  • Houses have a median rent of $875 while Units have a median rent of $600.
There are currently 73 properties listed for sale, and 57 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1063 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.