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.
TAS › Richmond › Wellington St
$1,075,000
Last sold
7 May 2025
4
Bedrooms
2
Bathrooms
6
Car spaces
1,130 m²
Land
166 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
$1,075,000
7 May 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
+18.1%
Median sale
Suburb $910,000
-0.52 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 EIS PropertyImmaculately presented, this beautiful home and successful cottage is located in the popular historic town of Richmond. Richmond is a scenic town boasting an abundance of heritage listed colonial buildings. Nestled in the heart of the Coal River Valley wine region, is rich in history and architecture, with more than 50 historic buildings, mostly from the 1820s. It's also in the center of one of Australia's fastest-growing wine regions, the Coal River Valley, making it a terrific hub for foodies and wine aficionados alike.
A cottage in Richmond currently operating as a highly successful Airbnb is located at the rear of the generously sized block, its quaint, it has a cute kitchenette, a stunning ensuite, and a perfect little courtyard with a its own fenced area, making this little gem private and separate from the main property. Best of all, the separate Airbnb comes fully furnished, making it completely move-in or rental-ready with forward bookings.
The delightful home offers an incredible opportunity for those looking to invest or simply enjoy a beautifully curated space. The main property features three sunny bedrooms, all with built-in wardrobes, spacious family sized bathroom complete, with bathtub, shower, toilet, and double sink vanity. The kitchen has been updated with modern appliances and beautifully done to maintain country charm and feels, the home has been freshly painted with new flooring in the living areas.
The home is enhanced by stylish popular plantation blinds in the charming main living area and bedrooms, a ducted heat transfer system for comfort and a cozy wood heater that is near perfect for Tasmania's winter, all just a short stroll from the town center, you'll have easy access to the best coffee, bakery, cafes, Richmond Primary School, St Jonh's Catholic Primary School and more all accessed by a short stroll from the property, you will even get to regularly cross the oldest bridge in Australia!!!
Extensive gardens and a gravel driveway manicured front garden with silver birches create an elegant introduction to the home!! the rear yard has a paved courtyard and is home to a gorgeous Elm tree, raised vegetable garden beds. is also great place to home a few chickens.
Plus, it's only 20 minutes to the airport and less than 30 minutes to Hobart CBD. opportunities like this are highly sought after, and this one is simply beautiful. Whether you're looking for a move-in-ready home, a thriving Airbnb, a home for your family, it's also near perfect for multigenerational living, a teenagers/ parent retreat!!! don't miss this rare opportunity!
• Year Built: 1989
• House Size: 126sqm,
• Separate cottage size: 40sqm
• Land Size: 1130sqm
• Future bookings through bookings.com
Listing description written by Kate Clark, EIS Property — reproduced as published, not verified by Districts.