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.
5
Bedrooms
3
Bathrooms
2
Car spaces
740 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $1,768/m² of land (n=66). 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.
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 Ray White North RichmondSituated in a wide, quiet street, 400m to Richmond Marketplace is this charming 1950's home on a 739.8sqm parcel of land. Situated behind a quaint picket fence, the home has maintained its original period allure while also providing modern creature comforts. The property also offers a self-contained two-bedroom granny flat, perfect for an additional income stream or for in law accommodation.
Offering 2.8m ceilings, ornate cornice, ducted air conditioning and plantation shutters, the home has been beautifully updated in keeping with its style. The cozy living room is positioned at the front of the home and offers a slow combustion fireplace, hardwood timber flooring, fretwork, picture rails and built in cabinetry. The gourmet kitchen with pistachio cabinetry and 40mm stone benchtops adjoins the large dining room and flows seamlessly to the undercover rear verandah and entertaining area. The ground floor offers three generously proportioned bedrooms, master with ensuite as well as a home office with external access. The loft is a beautiful light filled space, making it the perfect place for a 4th bedroom, second living space or gym/yoga studio.
The backyard has an incredibly private feel, with established privacy hedges and well-maintained lawns and gardens. The property also offers a double carport as well as a large storage shed.
Perfect for an additional income or for those looking to accommodate in laws or guests, the granny flat offers two generously propertied bedrooms, an open plan kitchen, meals and dining space and combined bathroom/laundry.
Don't miss out on this rare opportunity to be able to walk to all the conveniences of historic Richmond!
Main Residence
• Undercover front verandah, large entry foyer
• Ducted air conditioning, plantation shutters, 2.8m ceilings
• Living room with a slow combustion fireplace
• Open plan kitchen and meals area
• Gourmet kitchen with pistachio cabinetry, 40mm stone benchtops, tiled splash back, gas cooktop, electric oven and dishwasher
• Master suite with dual built-in wardrobes and ensuite with bath
• Two additional bedrooms, both with built in wardrobes
• Home office with external access and large loft space
• Family bathroom and renovated laundry
• Undercover rear verandah and entertaining area
• Landscaped lawns and gardens, fully fenced
• Large storage shed
Granny Flat
• Undercover front porch, split system air conditioning throughout
• Open plan kitchen, meals and living room
• Modern kitchen with electric cooking appliances, breakfast bar
• Two generously proportioned bedrooms, both with built in wardrobes
• Combined bathroom/laundry
• Side entrance point, storage cupboard
• Separate electricity meter, combined water usage
• The granny flat will come fully furnished!
All information about the property has been provided to Ray White by third parties. Ray White 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 Cindy Cash, Ray White North Richmond — reproduced as published, not verified by Districts.