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TAS › Risdon Vale › Waratah Rd

5 Waratah Rd, Risdon Vale TAS 7016

House

$500,000

Last sold

22 Aug 2024

3

Bedrooms

1

Bathrooms

4

Car spaces

702 m²

Land

89 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $500,000 (22 Aug 2024).(Recorded sale)
  • CalculationLand 702 m² against a 89 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Risdon Vale (last 5 years) with land size: median $735/m² of land (n=67). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$500,000

22 Aug 2024 · 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.

See the full Risdon Vale report →

Vs Risdon Vale

-4.7%

Median sale

Suburb $524,550

+0.24 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$500,00022 Aug 2024
  2. Listedprice unknowncompleted13 Aug 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Risdon Vale in one glance

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.

See the full Risdon Vale report →

Keep researching

  • Why Risdon Vale? Read the area thesis →
  • What else is on the market in Risdon Vale →
  • Other records on Waratah Rd →

Listing material

Listed by Harcourts Northern Suburbs

Beautifully Renovated & Ready to Move into!

Welcome to 5 Waratah Road, Risdon Vale. This beautifully maintained and totally renovated home is ripe for the picking folks. There is so much to love about this sunny 3-bedroom home.

From the moment you step inside, you will instantly feel at home. Freshly painted and brand-new carpet throughout gives it that brand new home feel and smell! A convenient heat pump creates an inviting atmosphere as you relax and enjoy the warmth and light that streams into this wonderful space.

The modern kitchen is a bright and sunny workspace. Ample storage, along with the modern counter-tops, a butler's pantry and quality appliances really create a visually stunning and workable kitchen. Ideal for those who love to entertain.

Read the full description

Comfortable accommodation comprises of three bright bedrooms, all with built-in wardrobes. The bathroom caters for all with a shower and separate bath.

With a fully fenced backyard, there's plenty of space for kids and pets to play safely. There is access to the rear yard for vehicles and there is certainly space for a garage or carport (STCA). Enjoy beautiful green view of the surrounding hills from the large deck. Designed for outdoor entertaining, ideal for family BBQ's and hosting guests.

The property is low maintenance, with 2 garden sheds perfect for storing your garden equipment or anything you like. Ideally located within a quiet Eastern Shore suburban pocket, within close proximity to multiple parks, recreation spaces, shops, schools, and services, this delightful Risdon Vale home provides a lifestyle filled with convenience and comfort. Just a 10-minute drive to Glenorchy City central and also to the Rosny Shopping precinct along with a 15-minute drive to Hobart and home to the Recreational Risdon Brook Dam. Everything is close and accessible.

There is only one thing to do, unpack! Neat as a pin and offering so much bang for your buck, you will be hard pressed to find anything else on the market at this price point so well designed and visually appealing! all the hard work is done!

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

All timeframes and dimensions are approximates only.

Listing description written by Vanessa Ward, Harcourts Northern Suburbs — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.