Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

TAS › Richmond › Franklin St

2 Franklin St, Richmond TAS 7025

House

3

Bedrooms

1

Bathrooms

3

Car spaces

670 m²

Land

102 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationLand 670 m² against a 102 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Richmond (last 5 years) with land size: median $888/m² of land (n=29). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $888/m² of land (n=29). Districts calculation from recorded sales — not a valuation.

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 →

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. Soldprice unknown2 Oct 2023
  2. Listedprice unknowncompleted12 July 2023

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.

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

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

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 Franklin St →

Listing material

Listed by Harcourts Hobart

Soulful Sophistication in the Village Centre

This wonderfully renovated and extended home would appeal to families and downsizers in equal measure, and will astound you with its soulful air and very harmonious feel.

Expressing individuality and functionality from front to back you will quickly realise this is definitely not a 'cookie-cutter' home - and you will love the surprises that await you.

Red brick fence pillars with chalky notes thoughtfully sourced and repurposed provides a charming and rustic first impression with neat, tidy, and organised edible garden beds upon approach to the front verandah and entry.

Read the full description

Inside you will find a mix of casual elegance and simplicity that never goes out of style. An industrial stainless-steel kitchen with timber accents, and an informal, open, and flexible space to share with friends is serviced by a wheelchair accessible 'wetroom' that's as sleek as it is functional. There are two bedrooms in the original part of this home.

An open-air deck taking full advantage of a North/Easterly orientation connects a second interior, and provides a sheltered, sunny, and supremely private haven to complement the wide, level, child and pet-friendly garden wonderland.

Sophisticated polished concrete and Australian Cyprus timber elements serves as the backdrop to an inspired extension that has a sense of overabundance. A high-design ethic permeates this space delivering a large third bedroom suite, powder room with enough space for a shower, a laundry, and a larder for preserving, distilling, brewing, and cellaring your epicurean delights. Behind here is a generous roller door garage, workshop, and storage space.

Also in the backyard is a chicken coup, garden shed, 200-year-old pepper tree, and 'covid'-enkindled outdoor office affectionately labelled "the Lodge".

The energising garden, flooded with natural light and lush with native, ornamental and edible plantings will provide endless enjoyment, serenity, and calm. There's even the opulence of a plumbed, hot water outdoor bath where you can relax and take in the stars in utter and complete privacy where there are no neighbours to speak of despite its central location.

A high performing school, vibrant hamlet style neighbourhood, and abundant community life and culture is all within walking distance where it is lively by day, and quiet by night. There's a veritable feast for the senses right on your very doorstep where you may have discovered the key to instant happiness.

The beauty of this town lies in the unique composition of history, culture and "Olde" architectural styles - and just try walking past the many cafés, eateries and confectionary store without stopping for a treat. There is plenty to occupy young and old from museums and art galleries, to a 'village green' with annual calendar of events, and tourist 'maze'. Further afield (but not too far) is the renowned 'Coal River' winery belt.

Built to provide years of joyful life and family memories there is so much on offer here. Be quick to secure your viewing of this fabulous and enchanting property.

- Asbestos-free certification

- New roof and gutters

- Fully insulated roof, and partially in some walls

- Council approved plans to extend lounge room

- Twenty-minute commute to Hobart CBD

Council Rates: $1,236.00 per annum (approx.)

Water Rates: $1,284.00 per annum (approx.)

Rental Estimate: $500 - $550 per week (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. 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.