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.
$800,000
Last sold
9 July 2025
2
Bedrooms
1
Bathrooms
4
Car spaces
699 m²
Land
121 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
$800,000
9 July 2025 · 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
$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
-12.1%
Median sale
Suburb $910,000
+0.47 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 Ripple RealtySituated right in the heart of historic Richmond, this delightful two-bedroom property is an exceptional find, equally suited as a stylish private residence or appealing tourist accommodation. Built in 2011, the home's charming cottage style perfectly complements the surrounding buildings while offering all the comforts and convenience of its contemporary design.
Spacious and inviting, the living area features a light-filled lounge with double doors that open onto an outdoor entertaining space - ideal for summer dining or relaxing in the beautiful grounds. The modern country-style kitchen boasts ample storage and plenty of room for meals, making it as functional as it is welcoming.
The tiled bathroom has a separate shower and bath, a vanity, and adjacent toilet and laundry facilities. There are two generously sized bedrooms-one upstairs, and one on the ground floor with a built-in wardrobe. For those seeking additional space, there's potential to add another bedroom or living area in the large roof cavity, subject to necessary investigations.
Set on a sizeable 699sqm block, the property's rambling cottage gardens are a peaceful and private oasis. Dappled sunlight filters through, providing a haven for local birdlife and an idyllic spot to enjoy the fresh air. Practical extras include a garden shed and off-street parking for four vehicles.
This location is second to none for tourists and local alike - Richmond Village is renowned for its rich history and includes attractions such as the iconic heritage bridge and gaol. The town also offers a range of eateries, boutique shops, and family-friendly outdoor spaces. With wineries and scenic destinations scattered throughout the Coal River Valley, this dwelling serves as an excellent base for visitors exploring the stunning region. An easy 25-minute drive through mainly picturesque rural countryside will bring you to central Hobart, and travellers will appreciate the close proximity to the Hobart International Airport - only 15 minutes away.
Don't miss this outstanding opportunity to secure a modern build with the quaint ambience of a vintage home. This will be a popular choice for both investors and buyers looking for a lifestyle change in one of Tasmania's most celebrated locations. Contact Warwick today to arrange an inspection and find out more!
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Warwick Page, Ripple Realty — reproduced as published, not verified by Districts.