Richmond at a glance
6,148
People
$990,000
Median sale
$586/wk
Median rent
3.08%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
$890,000
Last sold
24 July 2026
2
Bedrooms
1
Bathrooms
1
Car spaces
480 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
$890,000
24 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $1,768/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Richmond at a glance
6,148
People
$990,000
Median sale
$586/wk
Median rent
3.08%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Vs Richmond
-10.1%
Median sale
Suburb $990,000
+0.34 pp
Gross yield
Suburb 3.08%
Suburb median $990,000 from 42 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $586/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Richmond at a glance
6,148
People
$990,000
Median sale
$586/wk
Median rent
3.08%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peek Property GroupBeautifully blending character and modern comfort, this renovated home offers an excellent opportunity for first home buyers, investors and acreage downsizers.
Positioned in a sought-after tree lined street, the home boasts charming street appeal with manicured gardens, lush lawns and a classic white picket fence.
Offering a flexible floorplan currently configured into two bedrooms, a light filled open plan dining and casual sitting area, modern kitchen, central bathroom and internal laundry. Split system air-conditioning and gas heating ensure year round comfort. There is an opportunity to use the current living space as a third bedroom and have a more combined living and dining room space, if desired.
Outside, the fully fenced backyard provides plenty of space for children and pets, while the separate concrete driveway offers rear yard access to the carport and covered entertaining area. A detached air-conditioned studio adds flexibility for a home office, hobby room or guest space.
Set on an easy care 480 sqm block, this move in-ready home combines charm, convenience and versatility in a prime East Richmond location.
HIGHLIGHTS
• Beautifully presented home in a sought after East Richmond location
• Ideal for first-home buyers, investors or acreage downsizers
• Two bedrooms and a practical single level floorplan / Potential to convert living to 3rd bedroom and create more combined living and dining space
• Light filled open plan dining, casual sitting and kitchen area
• Modern kitchen with electric appliances & ample cupboard space
• Split-system air conditioning and gas heating for year-round comfort
• Stylish detached air-conditioned studio, perfect for a home office, hobby room & more
• Covered carport with potential to double as an entertaining space
• 480 SQM corner block with separate concrete driveway access to rear yard
• Manicured lawns, established gardens and charming white picket fence
• Move-in ready and waiting for its new owner
• Positioned in a desirable tree-lined street
This property is loaded with features and sure to impress, contact Steve Sekulovski on 0424 828 228 before it's too late!
Disclaimer:
All information about the property has been provided to Peek Property Group by third parties. Peek Property Group has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Listing description written by Steve Sekulovski, Peek Property Group — reproduced as published, not verified by Districts.