Risdon Vale TAS 7016

Here you can find what you need to know about Risdon Vale, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$255k Median Sale Price (National Average $485k) 163rd In TAS
19.72% Median Price Change (1 yr) (National Average 4.30%) 31st In TAS
$360pw Median Rent (National Average $395) 56th In TAS
7.3% Median Gross Yield (National Average 4.24%) 14th In TAS
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Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Risdon Vale, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Risdon Vale, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Risdon Vale, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Risdon Vale


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State Auction Clearance Rates - June 2019

Auctions Clearance rate
%
ACT 36 47%
NSW 522 75%
NT 4 0%
QLD 92 37%
SA 79 55%
VIC 725 68%
WA 33 33%

Local Schools


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Suburb Information

Risdon Vale, TAS 7016

Part of: Clarence Council No data available

The size of Risdon Vale is approximately 14.5 square kilometres. It has 9 parks covering nearly 6.3% of total area. The population of Risdon Vale in 2011 was 2,679 people. By 2016 the population was 2,865 showing a population growth of 6.9% in the area during that time. The predominant age group in Risdon Vale is 30-39 years. Households in Risdon Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Risdon Vale work in a labourer occupation. In 2011, 65.7% of the homes in Risdon Vale were owner-occupied compared with 64% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Risdon Vale

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Risdon Vale   for Houses in last 12 months


There have been 62 Houses sold in Risdon Vale in the past 12 months with a median sale price of $255K, up 19.72% annually. It takes on average 15 days to sell with vendor discounting of -4.29%.

Streets in Risdon Vale


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Mayfield TAS, 7248 19.81% $185,700 $250pw 7.0% View Suburb Profile
Acton TAS, 7320 3.66% $170,000 $263pw 8.0% View Suburb Profile