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.
$610,650
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
119 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$610,650
Asking · $5,132/m² of land
No recorded sale for this property.
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
-40.7%
Median sale
Suburb $1,030,000
+1.96 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.
$37,454 on top of the price (6.1% 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: South Australia 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
SAPlanning 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. 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.
Gross yield if leased at the suburb aggregate is 4.8%. 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
UnknownArea
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 Noakes NickolasBest Offers By 31/8 at 1pm - Unless Sold Prior.
Positioned within a tightly held, self-managed group of just six, this well-presented two-bedroom residence offers an appealing combination of generous outdoor space, city-fringe convenience and low-maintenance living. Built in 1972 and held on Strata Title, the home presents an ideal opportunity for first-home buyers and downsizers seeking an easy-care lifestyle in the heart of Richmond.
Enter through a private front courtyard, where established gardens and a sunlit sitting area create a welcoming sense of seclusion. Large windows draw natural light into the open-plan living areas and main bedroom, delivering bright, airy spaces that feel effortlessly connected to the outdoors.
Inside, the light-filled family and meals zone flows seamlessly into a practical kitchen featuring gas cooking, laminate benchtops, a dishwasher and excellent built-in storage. Both bedrooms are well proportioned, with the generous main bedroom offering a mirrored built-in robe and reverse-cycle air conditioning. A second reverse-cycle unit in the living area ensures year-round comfort, while a combined bathroom and laundry adds everyday practicality without compromising on space.
To the rear, an expansive 8.6m fully enclosed verandah extends the living space outdoors, an ideal setting for dining, entertaining or simply relaxing, whatever the season.
Complete with off-street parking via the carport, additional shed storage, NBN connectivity and easy walking distance to public transport, this is a wonderfully practical home ready to enjoy from day one.
Features
• Two well-proportioned bedrooms, with a built-in robe to the main bedroom
• Light-filled open-plan kitchen, family, meals area
• Kitchen with gas cooking, dishwasher, laminate benchtops and plenty of pantry storage
• Two reverse-cycle air conditioners for year-round comfort
• Combined bathroom and laundry
• Carpet to bedrooms and tiled flooring throughout the main living areas
• Large private courtyard with established garden beds
• Generous 26.6sqm verandah, ideal for outdoor entertaining
• Undercover Carport plus shed storage
• Gas hot water and NBN connectivity
• Solid brick construction
• Positioned within a group of just six residences
• Self managed Strata
Lifestyle
• Convenient Richmond location within the City of West Torrens
• Easy access to the Adelaide CBD and surrounding inner-west amenities
• Close to Richmond Oval and its recreation facilities, including playground, fitness equipment and sporting spaces
• Well suited to first-home buyers and downsizers seeking a low-maintenance lifestyle
• Close to Kurralta park Community Kindergarten, Cowandilla primary and Richmond Primary,
• Zone to Adelaide High and Adelaide Botanic High School
• Convenient access to major arterial roads connecting the city, coast and Adelaide Airport
Rates
• Council $1236PA
• SA Water $132PQ
• ES Levy $108PA
• City of West Torrens
• Strata Title - Self Managed
• Strata Rates $256PQ
• Built 1972
Disclaimer at noakesnickolas.com.au/privacy-policy/ | RLA 315571
Listing description written by Courtney Green, Noakes Nickolas — reproduced as published, not verified by Districts.
Nearby 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?
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.