Richmond at a glance
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
1
Bathrooms
8
Car spaces
720 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $1,917/m² of land (n=50). Districts calculation from recorded sales — not a valuation.
Richmond at a glance
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
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
SAPlanning 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. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $566/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. This lot’s own applications are a separate question. 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. This lot’s own applications are a separate question.
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
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GlenelgStep into a world of charm and opportunity with this circa-1926 freestone character bungalow, perfectly positioned in a quiet, tree-lined street. Sitting on an impressive 720sqm block, this property offers unparalleled potential for renovation, extension, or development (subject to planning consents), providing a rare opportunity to create your dream home or investment.
Behind the beautiful stone character façade lies a home with timeless features, including solid timber floorboards, high ceilings, and a layout that is ripe for transformation. The large rear yard and workshop create endless possibilities for those who love to tinker, require vehicle storage, or seek space to grow.
Convenience is key, and this Richmond address delivers. With seamless access to both the bustling Adelaide CBD and tranquil beaches, this home sits in a prime location. Families will appreciate being within the sought-after school zones of Adelaide High School and Adelaide Botanic High School, along with proximity to primary schools such as Cowandilla, Richmond, Torrensville, and Plympton Primary.
What We Love:
• Generous 720sqm block offering flexibility for renovation, extension, or redevelopment (Subject to applicable consents)
• Charming circa-1926 freestone bungalow with high ceilings and solid timber floors.
• Spacious backyard with a large workshop, ideal for tradespeople, vehicle storage, or hobbyists.
• Secure fencing providing privacy and peace of mind.
• A quiet street location, perfectly balancing tranquility and accessibility.
• Proximity to public transport and major amenities, with easy links to beaches and Adelaide CBD.
• Zoned for Adelaide High School & Adelaide Botanic High School, with a range of quality primary schools nearby.
This property is more than a home; it's a blank canvas to shape your future. Whether you're seeking a family residence, a rewarding renovation project, or a development opportunity, 29 Arthur Street, Richmond is brimming with potential.
Council Rates: $406.81 p/q
Water Rates: $78.60 p/q
Sewer Rates: $127.51 p/q
ESL: $358.95 p/a
Year Built: 1926
Auction: Saturday, 1st of March at 12:00pm
Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.
To place an offer on this property, please complete this Offer Form: https://bit.ly/offerformrw
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.
The vendor's statement may be inspected at 742 Anzac Highway, Glenelg, SA 5045 for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.
Listing description written by Rod Smitheram, Ray White Glenelg — reproduced as published, not verified by Districts.