Richmond at a glance
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$855,000
Last sold
18 Mar 2025
4
Bedrooms
3
Bathrooms
2
Car spaces
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
$855,000
18 Mar 2025 · derived via latest_sale
Richmond at a glance
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Richmond
-17.0%
Median sale
Suburb $1,030,000
+0.58 pp
Gross yield
Suburb 2.86%
Suburb median $1,030,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
Housing Diversity Neighbourhood
HDN
Jurisdiction
West Torrens
West Torrens, SA
23014547
Land Division (1 into 2) Community
Decision Made · Lodged 30 May 2023
Council site report23014544
Land Division (1 into 2) Torrens Title
Decision Made · Lodged 29 May 2023
Council site report22035008
Construction of one (1) two storey detached dwelling and two (2) two-storey group dwellings
Decision Made · Lodged 26 Oct 2022
Council site reportSource
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
SAZoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 188 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.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 3 development applications on this parcel. Code Assessed - Deemed to Satisfy (Decision Made); Code Assessed - Deemed to Satisfy (Decision Made); Code Assessed - Performance Assessed (Decision Made) Latest lodgement recorded 2023-05-30. These are this lot’s applications, not the neighbourhood pipeline. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $566/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. This lot’s own applications are a separate question. 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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 188 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. This lot’s own applications are a separate question.
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?
KnownmediumNo 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
Knownmedium3 development applications on this parcel. Code Assessed - Deemed to Satisfy (Decision Made); Code Assessed - Deemed to Satisfy (Decision Made); Code Assessed - Performance Assessed (Decision Made) Latest lodgement recorded 2023-05-30. These are this lot’s applications, not the neighbourhood pipeline.
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
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Josh Morrison from Magain Real Estate for all your property advice.
Welcome to stylish low-maintenance living in this 2019 built family home, an impressive design featuring four bedrooms, three bathrooms, double garage and an open plan living space bathed in natural sunlight.
Perfectly positioned in the sought-after suburb of Richmond, where the best of both worlds awaits, between the city and the sea. Upon entering, you will be immediately impressed by the attention to detail. The open plan layout creates a sense of spaciousness, making it ideal for everyday living and entertaining.
The well-appointed kitchen is fully equipped with stainless steel appliances, including dishwasher and gas cooktop and plenty of cupboard and bench space. A large pantry is hidden away and all this overlooks the living space with sliding doors leading to the outdoor undercover entertaining space.
Offering ample space and privacy, this home offers four very generous size bedrooms with one being located on the ground level - perfect for multi-generational living. Whether you have guests stay over or needing that extra space for growing families, parents and kids can have their own retreat. It seamlessly combines comfort and practicality for all ages.
Upstairs you will find the large master bedroom with walk-in robe and ensuite, plus two further bedrooms (both including built-in robes) with a centrally located main bathroom. A second living space is also located upstairs, ideal for families and cosy movie nights. There is also a dedicated study nook, perfect for those working from home or kids needing space for their studies.
You will love the storage space this home has to offer with under stair storage, plus two large linen cupboards. Comforts are also catered for with zoned ducted reverse cycle air conditioning.
Moving outside, you will be pleasantly surprised by the size of the backyard with an undercover entertaining area – an ideal spot for enjoying your morning coffee or having friends and family over for a summer BBQ. You will appreciate low maintenance living making those full-day gardening sessions a thing of the past.
Enjoy peace of mind with a secure double garage with automatic roller door and provides internal access to the home. Located in a family-friendly neighbourhood with so much at your fingertips, other features we LOVE about this home are:
- Spacious open plan living
- Stylish kitchen with quality appliances
- Very generous size bedrooms
- Carpets to all bedrooms
- Three good size bathrooms (one downstairs and two upstairs)
- Plenty of storage options
- Cleverly placed laundry with direct access to outside
- LED downlights
- Floating floors downstairs
- Low maintenance secure yard
- Undercover entertaining area
- Two living spaces – perfect for families
- Loads of windows bringing in natural light
This home is in a superb location, with Adelaide CBD a short drive in one direction with award winning beaches in the other. There are also a wide array of amenities close by including parks, schools, shopping and entertainment options. Public transport is also within close reach, ensuring a seamless commute to the city or beach.
Property Details:
Council // City of West Torrens
Council rates // $1,468 p.a
Community fee // $298.25 p.q
Zone // HDN - Housing Diversity Neighbourhood
Year Built // 2019
SA Water rates // $193 p.q
ESL // $328 p.a
All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified. (RLA 310071)
Listing description written by Josh Morrison, Magain Real Estate — reproduced as published, not verified by Districts.