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 › Malcolms Hut Rd
$1,020,000
Last sold
4 Dec 2024
4
Bedrooms
2
Bathrooms
10
Car spaces
49,600 m²
Land
195 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
$1,020,000
4 Dec 2024 · 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
+12.1%
Median sale
Suburb $910,000
-0.36 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
Rural
107.20
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 Rural · 107.20 (Clarence Local Provisions Schedule). Official parcel area about 56,294 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 Rural · 107.20 (Clarence Local Provisions Schedule). Official parcel area about 56,294 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 56,294 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 Harcourts Signature RosnyDiscover nearly 5 hectares of prime rural-zoned land, offering endless possibilities for equestrian enthusiasts, hobby farmers, or anyone seeking a tranquil country lifestyle close to the charming town of Richmond.
The property is connected to the current Tasmanian Irrigation Pty Ltd South East Irrigation Scheme Stage 2 and has a base entitlement of 3 ML available for irrigation use year round with no seasonal restriction.
The sprawling 4.96-hectare property is divided into three fully fenced paddocks, each framed by beautiful rural views, creating a versatile space for livestock, agriculture, or outdoor activities.
The primary residence is a solid brick veneer construction, offering ample space across its flexible floorplan, including two spacious lounge rooms, one with a cosy fireplace, featuring original redgum parquetry flooring, adding warmth and character to the space.
In addition to the main residence, the property includes a self-contained cottage. With two bedrooms, a bathroom, an inviting lounge, kitchen and picturesque veranda, the chalet is ideal for extended family, guests or even a teenager's retreat.
While the primary residence is in good condition, it presents an exciting opportunity for modern upgrades to bring out its full potential. The wonderful position ensures an abundance of sunshine and beautiful bushland views through the leafy trees.
The centrally located kitchen is a good size and functional, with plenty of space to dine-in for the ease of casual family meals. From the dining area, indoors spills out to sheltered outdoor space, perfect for al fresco dining and entertaining.
Four bedrooms make up the comfortable accommodation, two inclusive of built-in wardrobes, and each brimming with sun. The generous master comes complete with a walk-in robe, an en-suite, and private access to the beautiful outdoor surrounds.
The property is equipped with numerous practical outbuildings that enhance its functionality and appeal, especially for those with equestrian, agricultural, or farming interests.
A large machinery shed provides ample storage for vehicles, equipment, or farming tools, and multiple other sheds offer versatile spaces for workshops, storage, or additional livestock accommodations.
Located in the heart of the picturesque Coal River Valley, this property offers the best of both worlds: a peaceful, rural lifestyle within easy reach of essential amenities in Richmond, and neighbouring Cambridge and all just twenty minutes from Hobart's CBD.
• 4.96-hectares with numerous fenced paddocks & dams
• Sweeping views across the Coal River Valley
• Main residence and self-contained cottage
• Endless potential for equestrians, farming and agriculture
• Minutes from Richmond township, 20-minutes from Hobart
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
All timeframes and dimensions are approximates only.
Listing description written by Candice Gottschalk, Harcourts Signature Rosny — reproduced as published, not verified by Districts.