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.
$545,000
Last sold
22 Sept 2025
2
Bedrooms
2
Bathrooms
2
Car spaces
188 m²
Land
56 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$545,000
22 Sept 2025 · derived via latest_sale
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
-40.0%
Median sale
Suburb $908,000
+2.27 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
UnknownArea
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 Ripple RealtyA prime investment opportunity in the heart of one of Tasmania's most iconic and sought-after tourist destinations - this unique property has two adjacent units, each with its own private rear courtyard and off-street parking. It offers tremendous value for those looking to start or expand their rental portfolio, or for buyers with capacity to make changes to enhance its functionality for future residents.
Each identical unit has a neat and compact kitchen, and a modern bathroom with a generously sized shower, plus vanity and toilet. There is a combined lounge and sleeping area with electric heating and space for a dining table. Glass sliding doors provide plenty of natural light to the rear of the dwellings, as well as a very pleasant outlook and easy access to a courtyard with cottage garden - a sheltered and peaceful place to unwind.
Currently operating as short-stay accommodation, the premises have demonstrated consistent growth over the past four years, with excellent rental returns. While already an attractive investment, there is potential to advance the business further, with some quality upgrades and increased promotional activity. Utilising the roof space could allow for a separate bedroom to be added, creating scope for a full kitchen installation and significantly boosting both usability and appeal (subject to the appropriate approvals, of course).
The location for this tourist-oriented property is unmatched, with historic Richmond Village hosting many attractions (including the heritage bridge and gaol), as well as eateries, shops, and fun outdoor areas right around the corner. Wineries and sightseeing opportunities are scattered throughout the Coal River Valley - making this a perfect base for visitors while 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.
Here is a fantastic chance to secure a low maintenance, high-potential asset in one of the State's most popular visitor destinations. Warwick will be pleased to share more information about this exceptional property with interested parties, so call today to 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.
Nearby 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.