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.
$829,000
Last sold
23 May 2023
2
Bedrooms
1
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
Last sold
$829,000
23 May 2023 · derived via latest_sale
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
-19.5%
Median sale
Suburb $1,030,000
+0.69 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
UnknownNearby 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.
Area
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 Adelaide Hills Real EstatePositioned on an impressive 718m2 allotment, this renovators dream is idyllically located in the highly sought after area of Richmond. Boasting side access, large shedding, spacious gardens & a cellar, it has all the extras you need to make this your dream home.
This is a rare opportunity to update this solid double brick home to suit your taste. Currently a 1950’s style home in good condition, it is neatly presented for comfortable living with a spacious living area, featuring a combustion heater and split a/c, and opening out into the kitchen and dining. The two large bedrooms, one offering built in robes, come with ample space for relaxed living. The bathroom consists of a shower, vanity, w/c and a bidet.
This property comes with some incredible features such as the side access through the double carport, to expansive shedding at the rear of the property which makes for an ideal workshop or those who like to tinker on their cars! The huge cellar adds a unique feature that could be restored as a cellar or would be a great space for additional storage – the options are endless!
With ample space in the garden, perhaps a home extension could be on the cards to make this an incredibly spacious family home or split into two allotments and utilise the option to subdivide (STCA).
Other features you’ll love:
- High ceilings to create the feeling of space and grandeur
- Linen closet for additional storage
- Fan to the master bedroom for comfort
- Ducted reverse cycle throughout
- Large under cover pergola for outdoor entertainment (inclusive of blinds)
- Established gardens with an abundance of fruit trees
Positioned in this spectacular location you are walking distance to public transport, 5km to the CBD, 8kms to either Glenelg of Henley Beach and only 3kms to the airport! The Tenison Woods Catholic School is a short walk away, along with the popular Karma & Crow café and the local reserve, you have all you need and more on your doorstep.
CALL RUTH FERGUSON (0497760570) or CLINT RAY (0419 244 502) TODAY TO ARRANGE YOUR INSPECTION.
Specifications:
CT / 5712 / 533
Council / West Torrens
Zoning / General Neighbourhood
Land / 718sqm
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Interested parties should make their own inquiries and obtain their own legal advice.
Listing description written by Clint Ray, Adelaide Hills Real Estate — reproduced as published, not verified by Districts.