Risdon Vale at a glance
3,465
People
$524,550
Median sale
$502/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
TAS › Risdon Vale › Lantana Rd
$410,000
Last sold
15 July 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
688 m²
Land
83 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
$410,000
15 July 2022 · derived via latest_sale
Local land rate: recorded House sales in Risdon Vale (last 5 years) with land size have a median of $735/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Risdon Vale at a glance
3,465
People
$524,550
Median sale
$502/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Risdon Vale
-21.8%
Median sale
Suburb $524,550
+1.39 pp
Gross yield
Suburb 4.98%
Suburb median $524,550 from 18 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 $502/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
UnknownArea
Risdon Vale at a glance
3,465
People
$524,550
Median sale
$502/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property HowrahSituated on a generous sized block of 688m2 (approx.) in the popular and growing suburb of Risdon Vale, sits this three-bedroom home which provides a great opportunity for a first home buyer to enter the market or an investor wanting to add to their portfolio.
This property offers a separate living area, functional kitchen space with plenty of storage, timber floors throughout as well as three bedrooms, all serviced by a central family bathroom and separate toilet. The master bedroom also features built in robes and a modern ensuite.
This desirable property is found within close proximity to parks only a short drive to local shops and schools.
- Great family home or investment property
- Modern kitchen with ample bench space
- Lovely timber floors throughout
- Great sized lounge room
- Three bedrooms filled with natural light
- Master bedroom with built in robe and modern ensuite
- Central family bathroom with separate toilet
- Secure and fully fenced backyard
- Low maintenance gardens
- Off street parking available for multiple vehicles
- Close to local shops and public transport
- Approx. 15 minutes to Hobart CBD
Year Built: 1960
Construction: Weatherboard & Brick
Roof: Iron
Annual Council Rates: $1,200 approximately
Annual TasWater Rates: $1,200 approximately
Get to know Risdon Vale
Risdon Vale is a located within the local government area of Clarence and is only a short 9kms approx. from the Hobart CBD. With local schools, parks, public transport and common services close by, this location is perfect for growing families, first home owners and investors alike.
Listing description written by Jake Towns, Petrusma Property Howrah — reproduced as published, not verified by Districts.
Nearby 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.