48 Murphy Street, Richmond, Vic 3121

$1,200,000 - $1,300,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Thursday, September 24, 2026 ( See property details for 48 Murphy Street, Richmond, Vic 3121)

$1,200,000 - $1,300,000

David Smith Partner, Auctioneer, Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully preserved Edwardian home in Richmond offering heritage charm, modern comforts, and exciting development potential in a prime location.

🏡 Property Highlights

  • Heritage-listed Edwardian residence with original character features
  • Deep 215 sqm allotment with potential for extension (STCA)
  • Separate upstairs studio above the garage/stables
  • Prime location in the heart of Richmond, close to Bridge Road amenities
  • Bright and spacious living areas with soaring ceilings and Baltic pine flooring
  • Potential for future development in a highly sought-after precinct

✨ Key Features

  • Built-in Robes
  • Fireplace
  • Split System Heating and Air Conditioning
  • Outdoor Area
  • Garage
  • Outdoor Area / Balcony
  • Ceiling Fans
  • Water tank
  • Ensuite
  • Open-Plan Living

Richmond is a vibrant inner-city suburb renowned for its rich history, lively café and retail scene, and excellent transport links. It offers a dynamic lifestyle with proximity to the MCG, parks, and entertainment venues. The area boasts a mix of heritage homes and modern developments, making it ideal for families, professionals, and investors. With its walkability and community amenities, Richmond remains one of Melbourne’s most coveted lifestyle precincts.

What are the heritage features of this property?
The home features soaring period ceilings, Baltic pine flooring, traditional fretwork, and a classic Edwardian architectural style that reflects its circa-1910 heritage.
Is there potential for future development or extension?
Yes, the property offers the potential to extend both upwards and outwards (STCA) into the deep 215 sqm allotment, providing exciting options for future renovation or development.
What are the main living areas like?
The home features a spacious lounge warmed by a fireplace, an updated kitchen and meals area, and a paved outdoor living space perfect for entertaining.
What amenities are nearby?
The property is conveniently located near Bridge Road’s retail, café, and entertainment precinct, Richmond Recreation Centre, and the MCG, with tram access to the city.
Does the property include parking?
Yes, there is garage parking at the rear of the property, with additional space available for future development.
Are there any restrictions or covenants on the property that could affect future extensions or renovations? What are the zoning regulations and planning controls applicable to this property? Are there any known issues with the property's foundation, roof, or heritage features? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property’s value or living environment?

48 Murphy Street, Richmond, Vic 3121 - More Details

$1,200,000 - $1,300,000

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 Melbourne’s 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 Richmond’s favourites, placing Bridge Road’s 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.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1

Inspections times

  • Inspection Sat 26 Sep 1:00 pm

    Saturday 26 September
    1:00 pm - 1:30 pm
  • Inspection Thu 1 Oct 1:30 pm

    Thursday 1 October
    1:30 pm - 2:00 pm
  • Inspection Sat 3 Oct 1:45 pm

    Saturday 3 October
    1:45 pm - 2:15 pm
  • Inspection Sat 24 Oct 12:00 pm

    Saturday 24 October
    12:00 pm - 12:30 pm

Auctions

  • 48 Murphy Street, Richmond, Vic 3121

    Saturday 24 October
    12:30 pm

Email Enquiry To Marshall White - Boroondara

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Richmond

Real Search makes searching for your new home easy with properties for sale in Richmond and properties for rent in Richmond. Are you looking for specific type of property? Real Search has units for sale in Richmond and houses for sale in Richmond. Real Search also provides 1 bedroom house for sale in Richmond, 2 bedroom house for sale in Richmond & 3 bedroom house for sale in Richmond. Find best real estate agents in Richmond. You can also check real estate agencies in Richmond. Research the property market of Richmond with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.