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.
SA › Richmond › Frederick St
$890,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
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
Asking
$890,000
Asking
No recorded sale for this property.
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.
Vs Richmond
-13.6%
Median sale
Suburb $1,030,000
+0.45 pp
Gross yield
Suburb 2.86%
Suburb median $1,030,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$55,653 on top of the price (6.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Richmond's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
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 Walkden & CoNever before been available and offered to the market for the first time is the architects own property - 33 Frederick St Richmond!
Set in the heart of one of Adelaide's most quietly sought-after inner-western suburbs, offers the rare combination of contemporary design and an address that puts everything within easy reach. This modern 3-bedroom, 2-bathroom, 2-car parking townhouse is a smart, low-maintenance opportunity for professionals, downsizers, growing families, or investors looking to secure a genuinely versatile property in a location that continues to punch above its weight.
Richmond has long been described as Adelaide's best-kept secret — an undervalued CBD-fringe suburb offering the enviable position of being between the city and the sea. From your doorstep, you're just minutes from the Adelaide CBD, with the beaches of West Beach and Henley just a short drive in the other direction — genuinely rare positioning that delivers long-term lifestyle and capital growth appeal without the premium price tag of beachfront or inner-city living.
Families will appreciate the proximity to well-regarded local schools, while everyday errands are made easy with local shopping strips just around the corner and the larger Kurralta Park, Brickwork Marketplace and Henley Beach Rd shopping precincts minutes away for full grocery and retail needs. Green space lovers will love nearby Richmond Oval and the West Torrens Memorial Gardens, perfect for weekend walks or an evening run — the kind of everyday liveability that keeps this suburb in strong and steady demand.
Inside, the home itself delivers a clean, modern layout — three generously sized bedrooms, two well-appointed bathrooms, and a covered carport for secure, low-fuss parking. The design prioritises easy living: functional spaces, quality finishes, and a floorplan that works equally well as an owner-occupied home or a low-maintenance addition to an investment portfolio.
Why buy here:
- Unbeatable position between the city and the coast
- Walking distance to local shops, cafes and schools
- Quick, easy commute into Adelaide CBD
- Modern, low-maintenance townhouse — ideal for owner-occupiers or investors
- Secure carport parking
- Access to parks, ovals and green space nearby
- Strong fundamentals in an undervalued, well-connected suburb
Additional features include secure off street carport parking, ducted reverse cycle air conditioning throughout, ceiling fans plus rain water tank.
Opportunities like this — modern, move-in ready, and positioned in one of Adelaide's most convenient yet still-affordable locations — don't come up often. Contact us today to arrange an inspection of 33 Frederick Street before it's gone.
Currently leased at $650 per week until Feb 27'
Looking to get on the property ladder? speak to the bespoke team at Walkden & Co.
On behalf of Walkden & Co, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property, conduct their due diligence and seek independent advice.
Walkden & Co, your property advisor, marketer and negotiation specialists in Richmond
Listing description written by Michael Walkden, Walkden & Co — reproduced as published, not verified by Districts.
Nearby 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.