Richmond at a glance
1,669
People
$908,000
Median sale
$594/wk
Median rent
3.40%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
TAS › Richmond › Charles St
$1,150,000
For sale
Asking
3
Bedrooms
1
Bathrooms
5
Car spaces
2,344 m²
Land
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
Asking
$1,150,000
Asking · $491/m² of land
No recorded sale for this property.
Richmond at a glance
1,669
People
$908,000
Median sale
$594/wk
Median rent
3.40%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Richmond
+26.7%
Median sale
Suburb $908,000
-0.71 pp
Gross yield
Suburb 3.40%
Suburb median $908,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$50,892 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Richmond's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
$908,000
Median sale
$594/wk
Median rent
3.40%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ripple RealtyCalling all developers, builders, and those with an eye for potential - this versatile three-bedroom property set in the heart of one of Tasmania's most iconic heritage towns, offers an exceptional opportunity to create something truly special. With a generous 2,344sqm block and General Residential zoning, there is enormous scope for further enhancement or diversified use of the available land.
Built in 1979, the charming Cape Cod-style home features multiple living areas, beginning with a formal dining room that opens into the very spacious lounge via French doors. Cedar window frames add character throughout, while the eat in kitchen has elegant timber cabinetry and excellent storage. From here, a cosy sitting room leads through to a second living room - an adaptable space ideal for a media setup, rumpus, home office, or whatever best suits your lifestyle.
All three bedrooms are a great size, and the two upstairs rooms both have built-in wardrobes. The family bathroom contains a vanity, bath, and shower. There is a separate powder room, and laundry facilities with direct access outside.
The expansive block provides exciting possibilities. Neat grounds, a covered entertaining area for hosting guests, garden shed, garage, and ample off street parking make the property immediately functional; while the sheer size of the land invites imagination - additional dwellings, visitor accommodation, or a larger development (STCA) could all be investigated.
Richmond Village is brimming with historic attractions (including the famous bridge and gaol just down the street), and there are many nearby eateries, shops, and fun outdoor spaces to enjoy. Wineries and sightseeing destinations are dotted throughout the Coal River Valley - making it a perfect base for visitors while exploring the stunning region. An easy 25-minute drive through mainly picturesque rural countryside will bring you to central Hobart, and travellers will appreciate the close proximity to the Hobart International Airport - only 15 minutes away.
This is a rare chance to secure a comfortable and spacious home with outstanding potential in a highly prized heritage area - and one not to be missed. To arrange a viewing, be sure to contact Mel at your earliest convenience, she will be delighted to show you around.
Inspections by appointment only.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Mel Shutt, Ripple Realty — reproduced as published, not verified by Districts.