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.
$1,850,000
Last sold
28 Oct 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
1,000 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
$1,850,000
28 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $1,768/m² of land (n=65). 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.
Vs Richmond
+86.9%
Median sale
Suburb $990,000
-1.43 pp
Gross yield
Suburb 3.08%
Suburb median $990,000 from 42 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
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 Peek Property GroupNestled in one of Richmond's most prestigious streets, this immaculate executive residence has been crafted to provide both family functionality and lifestyle flexibility, occupying a massive 1,000 SQM block with drive through to yard access.
Upon entering you are met with a large entrance foyer, 9ft high ceilings and light filled interiors, creating a warm and inviting atmosphere. Showcasing a spacious and free flowing floorplan with five generous bedrooms, three living zones and two bathrooms, ensuring maximum comfort and flexibility for the growing family. At the heart of the home is stunning gourmet kitchen, equipped with premium fixtures, flowing seamlessly into the dining and living areas, perfect for entertaining guests or enjoying family time.
A true entertainers delight, outdoors continues to impress with an oversized entertaining with separate BBQ area, manicured lawns, landscaped gardens a sparkling in-ground saltwater swimming pool with solar heating and shade cover, swim all year round.
HIGHLIGHT FEATURES:
• First time ever offered for sale, private cul-de-sac location
• Executive style single level residence, with instant street appeal
• 5 impressive bedrooms, all with built-in wardrobes, three with ceiling fans
• Oversize master bedroom with bay window, dual wardrobes & modern ensuite
• 3 living zones: formal living, casual living & retreat living with wet bar
• 9ft High ceilings & light filled interiors throughout
• Open plan living, dining & kitchen at the heart of the home
• Gourmet kitchen with stone benches & breakfast bar, 900mm freestanding cooker with gas cooktop, dishwasher & walk-in pantry
• Stylish fully tiled main bathroom with recessed walls, bathtub, shower & separate toilet
• Ducted air-conditioning throughout & gas fireplace
• Large internal laundry with ample cupboard storage, 3rd toilet & direct access to yard
• Oversize automated double garage with drive through to yard access & internal access
• Expansive covered entertaining area with ceiling fans & separate BBQ area
• Casual entertaining space with firepit, overlooking manicured lawns & gardens
• Sparking in-ground saltwater pool with solar heating, glass panel fencing, travertine surrounds & shade cover
• Massive 1,000 SQM level block with fully fenced yard, ideal for pet & children to play
• Additional storage shed positioned in the corner of the yard
With its prime location and luxurious features, this is a rare chance to own a piece of Richmond's finest real estate. Contact Steve Sekulovski on 0424 828 228 today!.
Disclaimer:
All information about the property has been provided to Peek Property Group by third parties. Peek Property Group 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.
Disclaimer:
All information about the property has been provided to Peek Property Group by third parties. Peek Property Group 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 Steve Sekulovski, Peek Property Group — reproduced as published, not verified by Districts.