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TAS › Richmond › Franklin St

27 Franklin St, Richmond TAS 7025

House

$780,000

Last sold

4 June 2019

4

Bedrooms

2

Bathrooms

6

Car spaces

1,403 m²

Land

266 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $780,000 (4 June 2019).(Recorded sale)
  • CalculationLand 1,403 m² against a 266 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

$780,000

4 June 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

$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 →

Vs Richmond

-14.1%

Median sale

Suburb $908,000

+0.56 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 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. Sold$780,0004 June 2019
  2. Listedprice unknowncompleted30 July 2018

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 Signature Rosny

Beautiful Family Home

If you are looking for a beautiful family home with two separate living areas and four king sized bedrooms then this could be the one for you.

This spacious and comfortable property has a sense of style, light and space that will captivate you with beautiful indoor/outdoor entertaining areas. The large covered courtyard with a generous private backyard will make entertaining family and friends a breeze.

The chef inspired kitchen features Bosch induction cook top, Bosch stainless steel wall oven, range hood, Bosch dishwasher, soft close drawers and doors, engineered stone bench tops, plenty of storage and bench space, double pantry, double fridge space and a breakfast bar for 4.

Read the full description

The open plan kitchen, dining room, large living room and family room all make the most of the relaxing views and plenty of natural light. Whether cooking up a storm in the kitchen, relaxing in the living room or enjoying the sunshine while eating breakfast in the courtyard, this is truly a beautiful home to be enjoyed and loved.

The king size master bedroom suite with walk in robe, luxurious ensuite with separate shower, toilet, vanity is sure to impress. The second bedroom is king sized with built in robes and could easily be used as a third living area if required. The third and fourth bedrooms are also king sized with large built in robes and a family office/media station.

The home is complemented by a family sized bathroom offering a relaxing bath, separate shower, vanity, and separate toilet with a vanity. The separate laundry has good storage, and direct outside access. The property also features a large single garage with remote control and internal access.

The backyard is near level, ideal for children and pets, with generous areas for playing and entertaining. The property also features a large 70 metre Colorbond shed with light and power and a high and wide garage door- perfect for a large caravan or boat.

- Two separate living areas

- Double glazed windows and LED lighting

- Reverse cycle air conditioning for heating and cooling

- Sanden heat pump/reverse cycle hot water system

- Wood heater for additional warmth and ambience

- Covered courtyard for all year round entertaining

- Spacious garage with remote control garage door and internal access

- Large 70 metre Colorbond with light and power and toilet

- Fruit trees - peach, apple, apricot, greengage plum, gold drop plum and almond

The property offers a relaxed and comfortable lifestyle, with its level setting granting relaxing views, quiet location and plenty of natural light, it is truly a great property and an inspection is a must to appreciate this wonderful home.

Located within a short drive to the Cambridge park shopping- service/retail precinct, conveniences, shops, Hobart International Airport, transport, schools, golf courses, beaches and only 27 minutes to Hobart's CBD.

For further information or a private inspection please call Brendon Campbell on his mobile.

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 Brendon Campbell, Harcourts Signature Rosny — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 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.