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.
$870,800
Last sold
11 Apr 2023
3
Bedrooms
2
Bathrooms
6
Car spaces
767 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
$870,800
11 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $1,938/m² of land (n=49). 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.
Vs Richmond
-15.5%
Median sale
Suburb $1,030,000
+0.52 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.
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
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 Gary J Smith Real Estate PlymptonA street presence to impress with its white rendered arches and double driveways, this original art deco home is sure to impress.
Sitting on 767 square meters, boasting three generous bedrooms, two bathrooms and a rear area to transform to your needs; you will want to see this one!
Enter through a newly painted, arched entrance, with two light and bright bedrooms on either side of the hallway, both expansive areas with beautiful ornate ceilings and a third bedroom including a built-in wardrobe.
The original bathroom with floor to ceiling tiles is in mint condition with a large shower, a small receptor bath and vanity in the center of the home. Leading through the hallway to the original kitchen, a great space with laminate bench tops and cupboards, a timber buffet and Westinghouse free standing cooker; the opportunities to transform this space to your needs are endless. It adjoins the superb living/dining extension built in 1983, complete with a timber bar featuring saloon style doors. Leading off the living area is the laundry with all the amenities needed and the convenience of a separate toilet.
Outside is where this home comes alive.
The expansive area features a large garage, enough room to park a car or have it as your workshop with the addition of a lined room to the rear of the shed to set up as your own studio or workspace. Venture further and you will find another garden shed for all the tools required to maintain the abundance of established fruit trees; oranges, fig, grapes, lemon, mandarin, just to name a few. From the rear patio is access to the second bathroom with shower, toilet and sink.
You will also love:
- Ducted reverse cycle air conditioning throughout
- Ornate features
- Outdoor shutters to bedroom 3 and the living area
- Low maintenance front yard
- Secure single garage with a roller door; room for up to 3 cars parking end to end and an additional driveway for a fourth
- NBN ready with all equipment included in the sale
- Video surveillance to the front of the property with recorder included in the sale
- Large buffet to the kitchen and dining areas are included in the sale
- Two water tanks
- Freshly painted throughout
Located in central Richmond with an abundance of local transport links, including bus options a short stroll down to Marion Road and less than 5 minute drive to the Hilton Shopping Precinct with all its cafes and local shops at your fingertips.
Specifications:
CT / 5708/991
Council / City of West Torrens
Built / 1948
Land / 767sqm approx.
Council Rates / $1,520.60 p/a approx.
ESL Rates / $383 p/a approx.
SA Water / $193.70 p/q approx.
Gary J Smith
You're Home
RLA 150557
Listing description written by John Laycock, Gary J Smith Real Estate Plympton — 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.