Richmond at a glance
1,669
People
$910,000
Median sale
$594/wk
Median rent
3.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$505,000
Last sold
25 Oct 2017
3
Bedrooms
2
Bathrooms
4
Car spaces
799 m²
Land
144 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
$505,000
25 Oct 2017 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $888/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Richmond at a glance
1,669
People
$910,000
Median sale
$594/wk
Median rent
3.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Richmond
-44.5%
Median sale
Suburb $910,000
+2.73 pp
Gross yield
Suburb 3.39%
Suburb median $910,000 from 7 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 $594/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
UnknownNearby 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.
Area
Richmond at a glance
1,669
People
$910,000
Median sale
$594/wk
Median rent
3.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peterswald for PropertySited amid eye-catching homes and with beautiful leafy surrounds and gardens, this delightful cottage (C1956), oozes personality with a distinct homely ambiance. Neutral dcor throughout, copious natural light, with a very flexible floorplan, makes this property most suitable for young families who desire a comfortable, affordable home with enviable outdoor space and facilities.
Alternatively, very appropriate for empty nesters, retirees or perhaps singles, who wish to escape the pressures of City living, but still be within an easy commute to all essential services. An easy 15 minute drive will have you on the arterial highway to Hobart or alternatively the East Coast, Sorell, Tasman Peninsula, pristine beaches and waterways, golf clubs, Hobart International airport and the every expanding and improving Cambridge Park shopping precinct.
On the lower level are two double bedrooms, main with ensuite and built in robes, cosy living room complete with slow combustion heater, separated from the family dining room by lovely Tas Oak French doors, providing privacy when required. The very functional kitchen, separate laundry/utility room, family bathroom and separate powder room are all very conveniently positioned for easy living.
Upstairs affords private space for guests or perhaps teenagers, with the added bonus of a separate toilet and hand basin for ultimate convenience. Displaying lovely street appeal, low maintenance gardens, fully fenced and secured, with completely level, sunny and a very private rearmost yard and an entertainment courtyard, immediately adjacent and accessible to the dining room, being very practical and useful for entertaining purposes.
In addition to the lock up garage is a fully lined 'Plotting Shed' with power, very suitable for office/ study, workshop or possibly extra accommodation as well as a chicken coop, garden shed and under cover storage providing something suitable for everyone.
Richmond is renowned for its historic element together with a wonderful country atmosphere and village vibe. Families rejoice in the layback existence making coming home each day a pleasure.
An easy 15 minute drive will have you on the arterial highway to Hobart or alternatively the East Coast, Sorell or Tasman Peninsula, pristine beaches and waterways, golf clubs, Hobart International airport and the every expanding Cambridge Park shopping precinct.
Numerous well respected wineries, cafes and restaurants surround the area.
Listing description written by Debbie Heron, Peterswald for Property — reproduced as published, not verified by Districts.