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.
TAS › Richmond › Middle Tea Tree Rd
$1,850,000
For sale
Asking
4
Bedrooms
2
Bathrooms
9
Car spaces
205,900 m²
Land
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
Asking
$1,850,000
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.
Vs Richmond
+103.7%
Median sale
Suburb $908,000
-1.73 pp
Gross yield
Suburb 3.40%
Suburb median $908,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$82,392 on top of the price (4.5% extra)
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.
Pre-filled with Richmond's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 1.7%. 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
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
$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.
Listing material
Listed by View Real Estate HobartPositioned in the heart of the renowned Coal River Wine Region, 180 Middle Tea Tree Road presents an outstanding lifestyle opportunity combining space, versatility and future potential in a highly sought-after location.
Set across 20.59 hectares (50.88 acres approx.) of gently undulating land, the property features a well-appointed four-bedroom, two-bathroom residence (built in 2020), designed for comfortable family living. The home offers a practical and flexible floorplan, with light-filled living areas that capture the surrounding rural outlook. Large open plan living/family/kitchen with butler’s pantry, double glazed windows throughout, reverse cycle and wood heater for year round comfort. The ground level has its own access which could be ideal for in-law accommodation or the extended family. A private outdoor entertaining area with new pergola and spa are ideal to unwind and enjoy the natural surroundings.
Outdoors, the property truly comes into its own. Recently established olive and fruit tree orchards provide both lifestyle appeal and future productivity, while the land itself offers excellent potential for a boutique vineyard venture. With potential access to two irrigation schemes, the foundations are already in place for those looking to explore agricultural or viticultural pursuits. The home offers a large solar panel array and huge rain water collection tanks with new triple filtration system servicing the home.
A standout feature is the substantial 15 x 9 metre shed, offering exceptional versatility for a range of uses. The adjoining utility area within the shed presents an exciting opportunity for additional accommodation, a home office, or even a cellar door (subject to council approval), further enhancing the property’s flexibility and income potential. The property boasts its own flat quarry area with separate driveway off Richmond Road. Large animal shelter and several fenced paddocks.
Location is another key highlight. Situated directly opposite the Richmond Golf Club and just a few minutes’ drive to the historic village of Richmond, you’ll enjoy easy access to local cafes, wineries, and essential amenities. Positioned along a popular tourist route, this property also presents potential for additional income streams (STCA), whether through agritourism or boutique accommodation.
Offering a rare blend of scale, lifestyle and future opportunity, this is an exceptional chance to secure a premium holding in one of Southern Tasmania’s most desirable rural precincts and all this, only 20 minutes’ drive from the Hobart CBD.
For further information or to arrange a private inspection, please don’t hesitate to get in touch.
We have obtained all information in this document from sources we believe to be reliable however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Rod Krstic, View Real Estate Hobart — reproduced as published, not verified by Districts.