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 › Ogilvie Ln
$1,525,000
Last sold
21 Sept 2021
5
Bedrooms
2
Bathrooms
2
Car spaces
100,400 m²
Land
336 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
$1,525,000
21 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $911/m² of land (n=28). 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
+67.6%
Median sale
Suburb $910,000
-1.36 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 scheme
Clarence Local Provisions Schedule
Zone
Agriculture
107.21
Jurisdiction
Clarence
Clarence, TAS
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
TASZoned Agriculture · 107.21 (Clarence Local Provisions Schedule). Official parcel area about 100,346 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.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Agriculture · 107.21 (Clarence Local Provisions Schedule). Official parcel area about 100,346 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 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?
KnownmediumOfficial parcel about 100,346 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
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 Petrusma Property New TownThis beautiful home on diverse acreage zoned Horticulture / Market Gardening - Greenhouse / Nursery / Flower - Pt. irrigation has substantial horticultural infrastructure, and a popular 2 bedroom chalet for rent. A niche opportunity for those with a view to growing large scale hydroponic crops, from tomatoes to medicinal cannabis or anything in between.
Ogilvie Lane in Richmond has long been regarded as Tasmania's premier location for village living, yet so close to Hobart and all its attractions, with large and versatile acreages providing the opportunity to live at home and generate various produce and income streams. Zoned "Horticulture / Market Gardening - Greenhouse / Nursery / Flower" and with established and sophisticated greenhouses, a packing shed and cool room, the property presents a unique opportunity for the entrepreneur to grow and sell their own crops, from the comfort of home, and a second income from the well established and famous Alexanders of Richmond Bed and Breakfast.
• Quality family home on approx. 10.04 hectares
• Spacious lounge with Blackwood ballroom ceiling
• Formal dining room
• Galley kitchen with meals area
• Blackheart Sassafras kitchen
• Versatile family room or rumpus / games room
• 3 generous bedrooms all with walk-in robes
• 2-way bathroom with corner spa and sep shower
• Separate laundry and powder room
• Ducted gas heating and ducted vacuum
• North facing sundeck plus sep double garage
• "Alexanders of Richmond", Bed and Breakfast
• Open plan living with kitchen / bathroom off
• Up and downstairs bedrooms, sleeps up to 6
• Currently rented via Expedia and Booking.com
• Tariff of $150 - $270 per night for 2 -6 PAX
• Land approx. 24.8 acres with 6x fenced paddocks
• Large greenhouse 48 x 36m
• Small greenhouse 16 x 9.2m
• Packing shed 12 x 6m (including equipment)
• Stainless steel cold room 6 x 3m
• 8MGL water right with 8x water tanks
• Hydroponic run to waste system throughout large greenhouse
• Short commute to popular Richmond Village
• Approx. 30 minutes to the Hobart CBD
Listing description written by Daniel ten Broeke, Petrusma Property New Town — reproduced as published, not verified by Districts.