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 › Torrens St
$906,000
Last sold
12 May 2026
3
Bedrooms
1
Bathrooms
4
Car spaces
776 m²
Land
118 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
$906,000
12 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $887/m² of land (n=28). 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.
Vs Richmond
-0.2%
Median sale
Suburb $908,000
+0.01 pp
Gross yield
Suburb 3.40%
Suburb median $908,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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.
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.
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
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 Insitu Property HobartSteeped in history and brimming with character, this enchanting Georgian cottage dating back to 1840, offers a rare opportunity to own a truly special piece of Tasmanian heritage in the picturesque village of Richmond.
Positioned on a substantial 776m² corner allotment with dual street access, the home enjoys a tranquil setting on the edge of the village while capturing idyllic rural outlooks across the renowned Pooley Vineyard and the surrounding rolling hills. Framed by mature, established gardens, the property delivers both privacy and a beautiful natural backdrop that changes with the seasons.
Inside, the original cottage showcases gorgeous wide timber floorboards, rich with patina and history, setting the tone for the warmth and authenticity found throughout. A striking exposed brick feature wall anchors the living space, housing a cosy wood heater that creates the perfect snug for cooler Tasmanian evenings.
Beautifully maintained over time, the home balances heritage charm with modern comfort. There is ample scope for those wishing to further enhance the property through a bespoke renovation or even a grand extension (STCA), making it an exciting prospect for buyers seeking both character and potential.
Adding further versatility are multiple outbuildings, ideal for hobbies, studio space, storage, or potential conversion depending on your vision. The lined attic retreat, accessed via a convenient fold-down ladder, offers generous additional storage or the opportunity to create an extra living area by reinstating the original internal staircase.
Practicality is well considered, with secure rear access via remote-controlled gates and plenty of off-street parking for multiple vehicles, a trailer, or a boat. At the front of the cottage, parking for up to four cars also presents an exciting opportunity to transform the space into a sun-drenched north-facing courtyard, perfect for outdoor entertaining or a landscaped garden sanctuary.
Despite its peaceful setting, the property is only a leisurely stroll from the heart of Richmond village, where boutique shops, charming cafés, and everyday conveniences await.
A rare blend of history, charm, and future potential, this captivating Georgian cottage offers a lifestyle opportunity that is as timeless as it is inspiring.
Heating: Wood heater and Open Fireplace
Year built: 1840
Council rates: $1820.00 per annum approx.
Fixed water rates: $1840.00 Per annum approx.
Rental estimate: $650.00 - $700.00 per week.
Listing description written by Nina Schubert, Insitu Property Hobart — reproduced as published, not verified by Districts.
Nearby 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.