Richmond at a glance
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$1,250,000
Last sold
29 July 2025
4
Bedrooms
1
Bathrooms
5
Car spaces
1,024 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
$1,250,000
29 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Richmond (last 5 years) with land size have a median of $1,938/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Richmond at a glance
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Richmond
+21.4%
Median sale
Suburb $1,030,000
-0.51 pp
Gross yield
Suburb 2.86%
Suburb median $1,030,000 from 15 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
SAPlanning 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. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $566/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. This lot’s own applications are a separate question. 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. This lot’s own applications are a separate question.
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
3,950
People
$1,030,000
Median sale
$566/wk
Median rent
2.86%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Daw Park60 Lucas Street, Bedford Park a single site of 1,024 m2 and a frontage of 16.02m with the opportunity of sold separately but simultaneously with 58 Lucas Street, Richmond this property presents double the opportunity with a combined 2,049m2 and a combined 32m frontage.
Welcome to 60 Lucas Street, Richmond - a property that speaks to dreamers, doers, and developers alike.
Set on a rare and expansive 1024m², this much-loved four-bedroom home offers that elusive mix of space, lifestyle, and location. Whether you're starting out, scaling up, or looking to shape something entirely new, this is a property that invites you to imagine what could be.
First-home buyers will love the charm and comfort of the existing home-a solid, spacious layout with room to grow, update, or renovate over time. It's the kind of place you can move into straight away, with the flexibility to refresh at your own pace, knowing that the land beneath your feet is only going up in value.
For families, the lifestyle here is second to none. Think backyard cricket under floodlights, post-school swims at the beach just minutes away, street parties, long-table dinners at Christmas, and memories made in every corner. There's space for pets, veggie gardens, future extensions or simply wide-open play-this is the kind of block that today's kids will grow up remembering as golden.
For developers and investors, opportunities like this are fast disappearing. A full quarter-acre within 5km of the CBD! That's not just rare-it's practically unheard of. With its flat, accessible layout and sought-after zoning, this could be the perfect canvas for a subdivision or multi-dwelling development (STCC). Or simply land bank with confidence, knowing the location will only become more desirable over time.
Richmond is one of Adelaide's quiet achievers-perfectly positioned between the city and the coast, with easy access to Adelaide Airport, Adelaide Oval, the universities, and both north and south corridors for weekend escapes or work commutes. You're close to everything, yet comfortably removed from the flight path-making it ideal for families, FIFO workers, and remote professionals alike.
In a market where land is scarce, potential is everything-and this property has it in spades. 60 Lucas Street is more than just a home. It's a chance to create, to invest, and to thrive.
Inspections are a must-because opportunities like this don't come often, and they don't stick around.
It's our absolute privilege and pleasure to bring this property, to the market. Please Call Simon Tanner with any questions about the home or for further information about the local area. We're here to help and we'd love to hear from you: 0402 292 725.
Specifications:
CT / 5655/206
Council / West Torrens
Zoning / GN
Built / 1954
Land / 1024m2 (approx)
Frontage / 16m
Council Rates / $1,701.25pa
Emergency Services Levy / $168.60pa
SA Water / $212.10pq
Estimated rental assessment $690 - $750 per week/ Written rental assessment can be provided upon request
Nearby Schools / Cowandilla P.S, Richmond P.S, Plympton P.S, Lockleys P.S, Torrensville P.S, Plympton International College
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 333839
Listing description written by Simon & Bec Tanner, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.