Risdon Vale at a glance
3,465
People
$524,550
Median sale
$502/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
TAS › Risdon Vale › Tecoma Rd
$405,000
Last sold
25 Mar 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
668 m²
Land
94 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
$405,000
25 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Risdon Vale (last 5 years) with land size have a median of $735/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Risdon Vale at a glance
3,465
People
$524,550
Median sale
$502/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Risdon Vale
-22.8%
Median sale
Suburb $524,550
+1.47 pp
Gross yield
Suburb 4.98%
Suburb median $524,550 from 18 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 $502/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
Risdon Vale at a glance
3,465
People
$524,550
Median sale
$502/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by South Property GroupAffordable with huge potential to add value, number 34 enjoys an elevated sunny position on the fringe of Geilston Bay and a main arterial route, the East Derwent Highway. Recreational green space nearby includes Mount Direction Conservation Area, Risdon Brook Dam and Risdon Vale Sports Grounds. The property is within walking distance to retail precinct…super convenient and of course Eastlands Shopping Centre is close by and a short distance by car.
Situated on a generously proportioned allotment of 668m2 and constructed in 1960, the interiors feature an abundance of natural light and Tasmanian Oak timber floors. The 3 bedrooms are serviced by a family bathroom which includes a bathtub and are independent of the living areas, courtesy of the split level design.
The Sixties style has become increasingly sought after with prospective purchasers… clean, minimalist lines, timber windows, floors and doors as well as feature brick walls predominate.
There are 2 living areas including a spacious kitchen /area which has a retro feel, includes a laundry nook and extends to a terrace through sliding glass doors.
The living room has a lovely north westerly aspect and outlook over the garden. A wood heater and reverse cycle air conditioner ensures comfort year round.
Additional improvements worthy of mention are the excellent undercover entertaining area at the rear, a large garden shed and carport with extra off street car parking in the driveway.
Tecoma Road represents a fabulous opportunity for investors to add to their portfolio, or perhaps for an owner occupier the possibilities are endless at entry level in terms of being able to finally purchase property and realise the potential.
Listing description written by Lynne Page, South Property Group — 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.