Richmond at a glance
1,669
People
$910,000
Median sale
$594/wk
Median rent
3.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
TAS › Richmond › Grasstree Hill Rd
$550,000
Last sold
22 June 2018
4
Bedrooms
1
Bathrooms
8
Car spaces
21,800 m²
Land
140 m²
Building
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
$550,000
22 June 2018 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $888/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Richmond at a glance
1,669
People
$910,000
Median sale
$594/wk
Median rent
3.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Richmond
-39.6%
Median sale
Suburb $910,000
+2.23 pp
Gross yield
Suburb 3.39%
Suburb median $910,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $594/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 for this property. 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
1,669
People
$910,000
Median sale
$594/wk
Median rent
3.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Eastern ShoreThis is truly a rare opportunity to make a lifestyle change whilst remaining within 20 minutes of Hobarts CBD. "Kelmere" is perfectly positioned on a rare flat 2.18 hectare allotment. This working farm is perfect for those wanting the country lifestyle yet with the convenience of all services, schools, shops and the bustling community of Richmond just 5 minutes away.
The farmhouse is deceptively large and is a must see, with its large lounge room which has the convenience of a heat pump but also the ambience of a wood heater. The kitchen offers an abundance of cupboards and bench space and a large walk in pantry, it has been well designed and would be a pleasure to use, and there is also plenty of room for a dining table.
The bedrooms in this home are all impressively large, the master is king sized and offers large built in robes and is also exceptionally light and bright. The other three bedrooms are extremely generous and all are large enough for a queen bed plus additional furniture.
The bathroom is modern and has a separate shower and large spa bath. There is also the added convenience of a second toilet for use when working out in the paddocks.
Set on 2.18 hectares of farm land this property is fenced and separated into working paddocks. Giving the new owners the opportunity to farm the land or to have additional livestock. The infrastructure is all here and ready to go! There is also a beautiful established garden, perfect for those who love to entertain.
The property is completed by loads of parking, a large workshop/garage, gardens shed, chook house, hot house and even a shearing shed/machinery shed. It's all here, all you have to do is move in and start living the dream.
The property offers a relaxed and comfortable lifestyle, with beautiful views, quiet location and plenty of sunshine. It is truly a wonderful home and all within 5 minutes drive to all that Richmond and Richmond village has to offer including shops, cafes, schools, vineyards, Hobart airport and less than 20 minutes from the Hobart CBD.
To arrange your inspection, please contact our office using the Contact Agent link on this page and we invite you to download our free App (iphone and android) from the App Store. Simply search for Raine & Horne Eastern Shore. We can notify you of new listings, inspection times and price changes as soon as they happen.
Listing description written by Tanya Burns, Raine & Horne Eastern Shore — reproduced as published, not verified by Districts.
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