OFF MARKET

1243 Richmond Road
Richmond TAS 7025

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 985000m2
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Last updated 11 Nov 2024
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Property Details for 1243 Richmond Rd, Richmond

1243 Richmond Rd, Richmond is a 0 bedroom, 0 bathroom House. The property has a land size of 985000m2. While the property is not currently for sale or for rent, it was last sold in May 2010.

Building Type
House
Land Size
985000m2
Local Government
Clarence
Lot/Plan
1/180019

Last Listing description (October 2024)

A desirable property situated 3 minutes from the village of Richmond, with a 1.2 km frontage to Richmond Road, reputedly the busiest tourist road in Tasmania.

The Rural zone is permanent pasture, easily irrigated by either SEIS or re-use water, with the balance native bush and pasture.

The property lends itself to a multitude of developments, both agricultural and tourism, with extensive views over the Coal Valley from the higher points. There is also the prospect of further subdivision in the future STCA.

Extra income is earned from ongoing access agreements with Telstra and Optus.

Improvements include a 120 square metre multi-purpose shed with power, woodheater, and a 10,000 litre tank.

An inspection of this property is highly recommended.

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Property History for 1243 Richmond Rd, Richmond, TAS 7025

A timeline of how this property has performed in the market
Last Sold
$755,000
28 May 2010
  • 31 Oct 2024
    Listed for Sale Offers over $2,200,000
  • 29 Apr 2024
    Listed for Sale Expressions of interest
  • 05 Oct 2022
    Listed for Sale Expressions of interest
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About Richmond 7025

The size of Richmond is approximately 89.9 square kilometres. It has 6 parks covering nearly 0.3% of total area. The population of Richmond in 2011 was 1,609 people. By 2016 the population was 1,461 showing a population decline of 9.2% in the area during that time. The predominant age group in Richmond is 50-59 years. Households in Richmond are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 80.8% of the homes in Richmond were owner-occupied compared with 80% in 2016.

Richmond has 860 properties. Over the last 5 years, Houses in Richmond have seen a 68.82% increase in median value, while Units have seen a 88.70% increase. As at 31 October 2024:

  • The median value for Houses in Richmond is $850,221 while the median value for Units is $504,589.
  • Houses have a median rent of $550.
There are currently 10 properties listed for sale, and no properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Richmond.

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