Richmond at a glance
1,669
People
$908,000
Median sale
$594/wk
Median rent
3.40%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
TAS › Richmond › Franklin St
$1,340,000
Last sold
9 Jan 2018
6
Bedrooms
5
Bathrooms
10
Car spaces
1,801 m²
Land
368 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
$1,340,000
9 Jan 2018 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $888/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Richmond at a glance
1,669
People
$908,000
Median sale
$594/wk
Median rent
3.40%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Richmond
+47.6%
Median sale
Suburb $908,000
-1.09 pp
Gross yield
Suburb 3.40%
Suburb median $908,000 from 8 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
$908,000
Median sale
$594/wk
Median rent
3.40%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts HobartLocated just a minutes' walk to the centre of historic Richmond village is 4 Franklin Street, Richmond, a truly remarkable Georgian property that has been very well preserved in its original state combining history with comfort. Having two separate dwellings the uniqueness and versatility of the property provides you with endless opportunities for its use.
The Georgian home, National Trust listed as the Prince of Wales Hotel, was built of convict bricks in c1855 and the original part of the house was constructed c1825 of rammed earth. It comprises four bedrooms, each with their own private bathroom, a formal living area, a formal dining area and a large kitchen. Throughout, there are high ceilings, original fireplaces and character features, solid brick walls and Australian cedar windows, doors and skirting boards, with original flooring, melding to create a beautiful historic home. Outside there is a large private sandstone paved courtyard.
The second dwelling has a distinctive Georgian look but was in fact constructed in 2005. The accommodation comprises a main bedroom and bathroom located upstairs with a skylight allowing natural lighting and featuring large oak beams, oak panelling and dormer windows. Downstairs there is a second bedroom with in-roof storage, a kitchen, open plan dining and living area and a reception/foyer entry to the house with a powder room.
Externally the grounds are immaculate with a beautiful garden that has previously been used to host weddings. There is an abundance of space for parking inclusive of a double garage that has remote controlled roller doors and workshop. There is also a carport and plenty of off street parking. There is dual access granted from either side of the property and within the property is secure, private and peaceful.
Formerly the property operated as a bed and breakfast 'Mrs Curries Bed and Breakfast' and although it is no longer in operation, there is an opportunity to re-establish as a bed and breakfast (STCA) with very little effort required due to everything already being in place.
It is an approximately 30 minutes' drive into Hobart's CBD.
The property boasts a tremendous amount of history, and if only the walls could talk...
Arrange an inspection with Rob Henry or Colin Miller today for your wander back in time
Listing description written by Rob Henry, Harcourts Hobart — reproduced as published, not verified by Districts.