Richmond at a glance
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$830,000
Last sold
4 Mar 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$830,000
4 Mar 2024 · derived via latest_sale
Richmond at a glance
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Richmond
-19.4%
Median sale
Suburb $1,030,000
+0.69 pp
Gross yield
Suburb 2.86%
Suburb median $1,030,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
Housing Diversity Neighbourhood
HDN
Jurisdiction
West Torrens
West Torrens, SA
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAZoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 882 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $566/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 882 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 882 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Richmond at a glance
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstateHurry, only 1 remaining!
11A - SOLD
11B - SOLD
11C - SOLD
11D - SOLD
11E - SOLD
For more information or to register your interest please contact Josh Morrison or Jolly Garg.
This brand new executive style townhouse offers stylish living on the western city fringe and has been architecturally designed to maximise space and light. Now completed and ready for the lucky new owner to move in this 3 bedroom home is a fantastic investment opportunity or a new place to call home.
Constructed by TJE Built, this stylish home presents a modern rendered facade and two-storey construction, conveniently separating living and sleeping quarters. Entering directly onto timber look floors and into open plan living, Caesarstone benchtops and stainless steel appliances define the kitchen, with a blank canvas of living and dining encouraging you to make your mark on the space under LED downlighting.
Upstairs features 3 spacious bedrooms with the main having a walk-in robe and private ensuite bathroom. There is a dedicated study nook - perfect for those working from home. Comforts are catered for with reverse cycle air conditioning throughout, guests powder room downstairs and plenty of natural light.
Outside is made for entertaining with family and friends with a concrete patio and low maintenance gardens. There is secure parking with extra undercover off-street parking for another car. With the nearby western parklands a short drive away, you are just 6km to West and Henley beaches, while 3km to the heart of the city, Richmond is a prime lifestyle suburb on the rise.
Features you will love about this home:
- 2.7m ceilings both upstairs and downstairs
- Gas hot water system
- Irrigated front and rear gardens and rainwater tank
- Quality appliances
- Quality carpets in bedrooms
- Concrete driveway and paths
A quality built home in a fantastic location - don't miss this opportunity to secure this gem and reap the rewards.
All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified. Unforeseen Product/Material shortages may cause delays. (RLA 310071)
Listing description written by Josh Morrison, Magain Real Estate — reproduced as published, not verified by Districts.