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.
$499,000–$520,000
For sale
Asking range
2
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$499,000–$520,000
Asking range
No recorded sale for this property.
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
-51.6%
Median sale
Suburb $1,030,000
+3.04 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.
Based on the low end of the asking range, not a contract price.
$30,058 on top of the price (6.0% 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: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
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
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.
Gross yield if leased at the suburb aggregate is 5.9%. 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. 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 Ray White GrangeClaiming a prized ground floor position, 5/63 Milner Road puts major lifestyle drawcards within arm's reach, from parks and cafés to everything else best in the west. Light, bright and airy, the living and casual meals zone sets an easy scene from the start, flowing straight into a crisp, updated kitchen that keeps company close and everyday convenience front of mind, whether that's plating up breakfast on the run or slowing down for a proper Sunday feed.
The generous main bedroom sees wide built-in robes, while a well-sized second bedroom offers the same handy storage - both landing close to the neat bathroom and laundry combination that keeps the floorplan tight and functional. It's a package built for instant liveability, whether you're stepping onto the property ladder for the first time, settling in as a couple, downsizing without compromise, or adding a dependable investment to the portfolio.
With a little more scope to refresh and personalise when you're ready, life outside the front door delivers just as much to jump about. Playgrounds and sports fields sit close by for weekend energy burns, Hilton Woolies covers the daily shop, and Kurralta Park Plaza or Mile End's buzzing strip are just moments further for bigger retail runs. A quick zip gets you into the CBD by car, bus or bike, and come summer, Henley Beach is a swift drive away for sun, sand and seaside dining whenever the mood strikes.
FEATURES WE LOVE
• Light-filled ground floor unit in quiet, inner-west pocket
• Lovely lounge entry, connected casual meals + updated kitchen zone
• Crisp contrast cabinetry, all-white oven/gas stove top + split-system AC
• Generous main bedroom with wide windows, BIRs + new flooring
• Well-sized second bedroom also enjoying BIRs + new flooring
• Neat contemporary bathroom/laundry combination
• Personal carport space
LOCATION
• Footsteps from playgrounds + sports fields
• A leisurely stroll to local cafés + easy reach to Hilton Woolies
• Moments to Kurralta Park Plaza + Mile End's shopping + dining strip
• Only 2.6km to the CBD's West Terrace letting your drive, bus, ride or even walk to town
• A swift run to Henley Beach for summer sun, sand + seaside dining in little more than 10-minutes
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. RLA 343323
Property Details:
Council | WEST TORRENS
Zone | Housing Diversity Neighbourhood (Z2404) - HDN
Land | TBCsqm(Approx.)
House | 69sqm(Approx.)
Built | 1971
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Connor Karkafiris, Ray White Grange — reproduced as published, not verified by Districts.