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.
TAS › Richmond › Malcolms Hut Rd
$780,000
Last sold
13 Dec 2019
4
Bedrooms
2
Bathrooms
64
Car spaces
23,390 m²
Land
154 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
$780,000
13 Dec 2019 · derived via latest_sale
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.
Vs Richmond
-14.3%
Median sale
Suburb $910,000
+0.57 pp
Gross yield
Suburb 3.39%
Suburb median $910,000 from 7 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
UnknownNearby 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.
Area
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.
Listing material
Listed by Harcourts Signature RosnyTucked away from it all, this 2.339ha private oasis, surrounded by mature pine trees, can never be built out. Uninterrupted views to Butchers Hills, and sheep grazing in your two front paddocks, set the scene for a tranquil, relaxed lifestyle. Life on the land here could mean your own hobby farm with an annual irrigation right of 500,000 litres of water from the Coal River (a benefit afforded to only a few properties) and the level site makes the land very usable.
Behind the picket fence, neatly sits the picture perfect house. The rendered family home, built in 1991 comprises four bedrooms (or three plus study) and two bathrooms. An entrance with cloak cupboard greets you and leads to a fantastic layout of connected living zones, which is ideal for providing family members with their own space.
After a hard day's work, pour a drink in the stunning kitchen comprising solid granite benchtops, beautiful cream coloured cabinetry, built-in wine rack, quality high-end appliances, impressive walk-in pantry and the focal bay window from which to admire your surrounds.
The family bathroom has a granite vanity, heated towel rail, walk-in shower and separate spa bath. The master suite has an attractive ensuite and his and hers built-in wardrobes. The walk-through laundry is separate and has convenient exterior access.
Ceiling heating and insulation, an open fireplace (with beautiful Blackwood surround and mantel) alongside a reverse cycle air conditioner, and panel heaters in the bedrooms create comfortable living all year round. Timber veneer floorboards, new neutral carpet and attractive décor throughout complement the home.
In addition, a separate studio serves a myriad of purposes. Being slightly away from the house, it makes the perfect music studio. Alternatively, it could provide a rumpus room, guest accommodation, artist's studio, or brilliant workshop as it's attached to the double garage (brick construction). If you like your cars, there is an additional double carport! The piece-de-resistance is the spacious and private courtyard. Imagine weekend barbecues and Friday drinks soaking up the sun in seclusion.
Outstanding formal gardens with a variety of stunning roses, bloom biannually. Everything has been thought of: two large water tanks, a small water tank for the garden, new hot water cylinder, shed, cubby house and dog run. The long gravel driveway leads to a parking area suitable for the largest of gatherings - even a wedding, which has recently been tried and tested.
Wireless NBN and TV outlets in most rooms cater for students and those working from home.
With only one set of traffic lights between you and Hobart's CBD and easy access to Hobart Airport, the clear run will only enhance your new lifestyle. Enjoy the nearby vineyards, restaurants and the historic town of Richmond as you enjoy the good life and make your dream a reality!
*This property is zoned Rural Residential.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Listing description written by Marita Oliver, Harcourts Signature Rosny — reproduced as published, not verified by Districts.