SOLD
Sold on 27 Jun 2024 for $3,197,500

70 Back Tea Tree Road
Richmond TAS 7025

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 297m2
Land area: 2199000m2
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Property Details for 70 Back Tea Tree Rd, Richmond

Building Type
Rural
Year Built
1870
Floor Size
297m2
Land Size
2199000m2
Local Government
Clarence
Lot/Plan
1/129127

Property History for 70 Back Tea Tree Rd, Richmond, TAS 7025

A timeline of how this property has performed in the market
Last Sold
$3,197,500
27 Jun 2024
  • 27 Jun 2024
    Sold for $3,197,500

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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, 31 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 7025

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.