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.
$1,520,000
Last sold
18 Aug 2022
5
Bedrooms
2
Bathrooms
2
Car spaces
802 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
$1,520,000
18 Aug 2022 · 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
+47.6%
Median sale
Suburb $1,030,000
-0.92 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 Ous Property Henley Beach SouthPutting the 'rich' into Richmond, this impressive four bedroom + study property is for homeowners who appreciate a wealth of modern space and gleaming style finished to perfection.
Imposing a generous 324sqm footprint on the valuable 803sqm allotment, this home boasts exciting indoor and outdoor entertainment zones, vast family living spaces, an efficient work-from-home office and four sumptuous bedrooms, all combining to foster an enviable lifestyle.
Entertaining at home never looked so good or felt so easy aided by an exceptional kitchen, grand open plan living and a fabulous alfresco where the outdoor kitchen, ceiling fan, built-in speakers and sunscreen blinds define the very essence of comfortable outdoor living.
And on chilly winter evenings the carpeted home theatre is the perfect place to gather your tribe for cosy movie nights!
HIGHLIGHTS INCLUDE:
• Built in 2009 on an 803sqm block with easy-care gardens
• Double drive-through garage with internal access
• Four generous bedrooms featuring carpets and built-in robes
• Beautiful master bedroom with a walk-in robe, double vanity ensuite, in-ceiling speakers
• Separate study or home office
• Stainless kitchen appliances, gas cooktop, pantry, island bench and breakfast bar
• Huge open plan living with tiled flooring and seamless alfresco connection
• Innovative home theatre, carpeted with a fixed cinema screen
• Fully tiled bathrooms + guest w/c
• Ducted reverse cycle heating and cooling
• Luxury window furnishings
• Rainwater tank plumbed to third toilet
• 3kw solar panels
• In-ceiling speakers in ensuite, main bedroom, living room and alfresco
• Monitored security alarm system with perimeter alarms on doors/windows
• Crimsafe security screen doors
• Security roller shutters on bedrooms 2 & 3
• Garden shed
Although this property spoils you with little luxuries, it does have a serious side too. Walk to Cowandilla Primary School, Tenison Woods Catholic School and public transport in a couple of minutes. It's barely a 4km commute to the city and airport, and the stunning West Beach and Henley Beach foreshores are also close by.
Pop down to the funky Karma & Crow Café or Devour Café for your coffee fix, or duck across to Hisense Stadium for a taste of local footy. It's all happening in Adelaide's inner west seaburbs!
Council rates / approx $527.80 p.q
SA water / approx $236.05 p.q
ES levy / approx $199.05 p.a
LET'S TALK
RLA 267639
Listing description written by Phil Tropeano, Ous Property Henley Beach South — reproduced as published, not verified by Districts.