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TAS › Richmond › Franklin St

24 Franklin St, Richmond TAS 7025

House

4

Bedrooms

2

Bathrooms

4

Car spaces

1,212 m²

Land

298 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 1,212 m² against a 298 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.
  • FactZoned General Residential (107.8) under the Clarence Local Provisions Schedule.(theLIST · 31 Aug 2026)

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. 1No 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

$910,000

Median sale

$594/wk

Median rent

3.39%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Richmond report →

Planning

Planning and development

Planning scheme

Clarence Local Provisions Schedule

Zone

General Residential

107.8

Jurisdiction

Clarence

Clarence, TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 2642277

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 unknown10 Mar 2025
  2. Listedprice unknowncompleted4 Mar 2025
  3. Listedprice unknowncompleted4 Mar 2025

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?

Confidence: medium

Zoned General Residential · 107.8 (Clarence Local Provisions Schedule). Official parcel area about 1,213 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.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned General Residential · 107.8 (Clarence Local Provisions Schedule). Official parcel area about 1,213 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

    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?

    Knownmedium

    Official parcel about 1,213 m² — land size can look like optionality. No 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

$910,000

Median sale

$594/wk

Median rent

3.39%

Suburb gross yield

Median sale from 7 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 EIS Property

Unique, unforgettable, private family home with a real "Wow"

If you have been looking for a property that is exceptional, this craftsman built home on the edge of Richmond village is definitely that! Stunning stonework, natural timbers and a contemporary, yet practical architectural design, you can't help but fall in love with this home, nestled on approximately 1,212sqm of idyllic, private gardens. This home has a real "WOW" from the moment you walk through the front door. Sun-drenched with extensive use of glass and natural materials, the flexible and spacious layout makes this perfect for families and entertaining. The main pavilion is the hub of daily living, incorporating the kitchen, dining and lounge into one fabulous space, showcasing cathedral ceilings, stone walls, exposed beams and a barn-conversion feel throughout. French doors and a kitchen window that doubles as a servery, open out to the private entertaining courtyard and beautiful gardens that extend beyond, perfect for those family barbeques.

A hallway links to the accommodation pavilion and second living area, providing great separation for families with young children and those who love to entertain. Floor to ceiling glass allows the sun to stream inside this section of the home year-round with polished Tas Oak flooring and limestone walls adding to the lightness of this space. Two bedrooms lead off this second living area, both with built-in robes, and overlook the verdant, leafy gardens. Large sliding doors connect the entertaining and living spaces together to create a seamless indoor-outdoor flow.

On this ground floor is also a luxurious family bathroom framing more garden views with a sizeable walk-in shower plus corner spa. An attractive laundry - yes, they do exist - with large trough and great storage, a separate powder room and level access to the generous sized garage, all feature on this entry level. Stairs lead from the living area to the opulent yet private main bedroom complete with walk-in robe, beautifully appointed bathroom and a juliette balcony to be serenaded from, that opens out onto the treetops and courtyard below. What feels like another wing to this special home is the fourth bedroom above the garage, accessible via stairs beside the ground floor powder room. This room could be used as a study, music/art studio or teenagers retreat or a combination of all of these due to its fabulous size! If you really need more space, the garage could be converted to another bedroom (STCA) or be used as a gymnasium.

Read the full description

Idyllic private gardens surround you, designed for indoor/outdoor living in privacy, with some serene spaces for quiet contemplation, reading a book or for children to play hide and seek amongst this garden wonderland. Lush lawns are dwarfed by the leafy, greenery and established trees that allow filtered light into the meandering stoney garden pathways as you explore this hidden oasis. Fully fenced for the safety of children and pets, this garden and the home it surrounds, is simply unforgettable.

Located in one of the most picturesque and historic towns in Tasmania, this residence has a hint of history in the use of construction materials blended with modern-day architecture and building practices. The village of Richmond has a strong sense of community with a range of local schools, cafes, shops, galleries and services to meet your everyday needs. Less than 30 minutes drive to Hobart, and 15 minutes to Sorell, you will love the convenience of this location.

You really won't want to leave this unique and unforgettable home…homes like this do not come along often.

Listing description written by Deb Stephens, EIS Property — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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