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 › Franklin St
$1,222,000
Last sold
16 Dec 2019
4
Bedrooms
2
Bathrooms
5
Car spaces
1,927 m²
Land
238 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
$1,222,000
16 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
$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
+34.6%
Median sale
Suburb $908,000
-0.87 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
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
$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 Elders Real Estate HobartPrivately nestled amongst a tranquil leafy garden, this impressive property seamlessly combines the original 1840s structure with sensitively implemented additions and quality fixtures and fittings, culminating in an exceptional home. Desirably positioned in historic Richmond, a picturesque village sought out for the community and lifestyle it offers within easy reach of Hobart's CBD, this is an unsurpassable opportunity to acquire a substantial holding in a sought after locale.
Light-filled and spacious, an elegant neutral colour scheme and timeless design creates a calming and consistent interior throughout. Expansive living spaces on the entry level offer multiple areas to relax and enjoy the home. The well-designed and well-equipped kitchen features quality integrated Liebherr, Scholtes and Siemens appliances. Adjacent is the open plan dining room, (this is) an area that will delight those with a passion for entertaining family and friends at home. A media room, sitting room/library and formal living room are testament to the flexibility of the intelligent floorplan, with French doors peppered throughout to offer seamless indoor/outdoor living and access to the courtyard, terrace and beautiful garden beyond.
Three bedrooms on the ground floor, one with walk-in wardrobe and one with built-in wardrobes are serviced by the central bathroom with separate shower and bathtub. The laundry, store room and guest powder room complete the floorplan on this level. The first floor is dedicated to the private master suite. Tucked away from the main living area, this space offers understated luxury with a walk-in wardrobe and ensuite bathroom.
Considered additions over the years include Daiken reverse cycle air conditioning, electric panel heaters and a 5KW solar panel system and two solar battery storage units offering year round comfort and modern technology. Newly lime-washed oak flooring, underfloor heating in wet areas, wool carpet and custom joinery throughout enhances the comfort and ambience of the home.
Outside, the landscaped gardens benefit from an automatic reticulated watering system with rain sensors and a garden studio currently used as a home gym. There is ample parking with gated off street parking and a carport.
Just 15 minutes drive from Hobart's Airport and 25 minutes to the CBD, this property is within walking distance of the cafes, antique shops and amenities of Richmond Village and easy reach of the vineyards and restaurants of Coal River Valley. Whether seeking a tree change, semi-rural weekender or idyllic family retreat, this quality property offers comfortable and convenient living with a heritage heart against a verdant backdrop.
Listing description written by Abi Freeman, Elders Real Estate Hobart — reproduced as published, not verified by Districts.