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TAS › Richmond › Colebrook Rd

172 Colebrook Rd, Richmond TAS 7025

For saleLand for Sale

$900,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

104,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000(Listing record · 9 Sept 2024)
  • CalculationLand 104,000 m² against a 208 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 1% below the Richmond median recorded sale ($908,000, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Richmond's advertised median rent ($594/wk), implied gross yield would be 3.43% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$900,000

Asking · $9/m² of land

No recorded sale for this property.

Richmond at a glance

1,669

People

$908,000

Median sale

$594/wk

Median rent

3.40%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Richmond report →

Vs Richmond

-0.9%

Median sale

Suburb $908,000

+0.03 pp

Gross yield

Suburb 3.40%

Suburb median $908,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$900,000
Stamp Duty (Tasmania)
$35,685
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$939,642

$39,642 on top of the price (4.4% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Richmond's advertised median rent — not a rent for this listing.

Net yield
1.93%
Annual cashflow (pre-tax)
$-29,412
Interest cover (DSCR)
0.37
Annual rent
$30,888
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
3.43%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$900,000available9 Sept 2024
  2. Listed$900,000available9 Sept 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Richmond in one glance

Richmond at a glance

1,669

People

$908,000

Median sale

$594/wk

Median rent

3.40%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Richmond report →

Keep researching

  • Why Richmond? Read the area thesis →
  • What else is on the market in Richmond →
  • Other records on Colebrook Rd →

Listing material

Listed by Harcourts Hobart

"Saint Ives" - Discover Your Equestrian Paradise

Unveil the ultimate lifestyle opportunity with this expansive approximately 105,000m² (10.5 hectare or 26 acre) property in picturesque Richmond, Tasmania.

This land offers incredible versatility, making it ideal for everything from equestrian pursuits to large-scale agriculture. It is conveniently accessible, with easy connections to nearby amenities and major roads, ensuring that daily life and commuting are hassle-free. Surrounded by the stunning Tasmanian landscape, the property provides serene outlooks and a peaceful lifestyle, allowing you to fully enjoy the natural beauty of the area.

"Saint Ives" offers endless possibilities for your dream project, business venture, or aspirational home (STCA) with income generating opportunities for shed rental, or agistment (10 horses maximum, charged at $50.00 per week = $26,000 per annum).

Read the full description

Highlights of the property include the spacious machinery and implement sheds equipped to meet all your agricultural and maintenance needs, ensuring you have the tools and space required for any task.

The professional horse stables with breezeway and concrete patio designed with the well-being of your equine companions in mind, providing top-notch shelter, safety and comfort.

The Olympic sized horse arena (20m X 60m) is one of the only within Tasmania featuring an 'Ebb and Fast Flow automated watering system' used by the best Equestrians in the world to ensure optimum moisture content of the sand, delivering premium performance and safety for your horses.

Other features of the property include

• Post and rail fencing and rural fencing.

• Three phase power in the machinery shed, with underground connecting power to the stables, front gate, and horse arena.

• Sheds and stables fitted with LED flood Lights, as well as lighting inside.

• Power pole installed ready for connection to a house/residence, (front right of the arena).

• Established paddocks with rural fencing and access lanes in-between paddocks.

• Powered roller doors on sheds (with keypad access).

• A sizeable dam in the south-east corner of the property.

• Four water tanks totalling 72,500lts of capacity (approximately).

• Access to the Tasmania Irrigation Scheme is available but not currently registered.

Richmond is renowned for its charming blend of history and modern conveniences. Enjoy the tranquillity of rural life while being just a short drive from Richmond's quaint shops, cafés, quality restaurants, respected schools, and renowned wineries. Embrace the local community and the picturesque landscapes that make this region a standout destination.

Whether you're an equestrian professional, a hobbyist, or simply seeking a spacious, serene retreat, this Richmond property is a rare find. Don't miss your chance to own a slice of Tasmanian paradise.

Contact us today to arrange a viewing and take the first step toward making this dream property your own. Embrace the lifestyle you've always envisioned in beautiful Richmond, Tasmania.

Council Rates: $1,600pa (approx)

Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt it's accuracy, guarantee cannot be assured. The content is intended as advice, and such as cannot be taken as absolute fact. Any and all imagery displaying outlines, measurements or locations are approximate for marketing purposes only. Please refer to the title documents supplied. Accordingly, all interested parties should make their own enquiries to verify this information.

Listing description written by Colin Miller, Harcourts Hobart — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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