Lot 37 20 Creese Drive, Richmond TAS 7025 (3 beds, 120 m2)

Richmond, Clarence, TAS, Australia, 7025

$ 761,662

Richmond, Clarence, TAS, Australia, 7025
House and Land Investment Property in Richmond, TAS (4.64% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Richmond, TAS (4.64% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 120

Details

Updated on Oct 15, 2026

Property Type: House and Land
Price: $ 761,662
Land Price: $ 325,000
Build Price: $ 436,662
Gross Per Week: $ 680
Gross Per Annum: $ 35,360
Gross Yield: 4.64%
Capital Growth 12 Months: 121.37%
10Yr Annualised Growth: 8.49%
Vacancy Rate: 0.00%
Property Size: 120 m2
Land Area: 558 m2
Bedrooms: 3
Bathrooms: 2
Parking: 2
Title Status: Titled
Property ID: 39789
SKU: 1065

Description

House & land investment property in Richmond. This single-storey 3-bedroom, 2-bathroom turn-key package offers 120 m2 of build on a 558 m2 lot, with a double garage and 20mm stone benchtops, double-glazed windows, a split system to the living area and master bedroom, 2590mm ceilings and turn-key landscaping, fencing and blinds. The land is titled.

Richmond is a historic township in the City of Clarence, around 25 km north-east of Hobart. It is a short drive to Hobart Airport and the eastern shore, with a local primary school, shops and services in the village.

This house & land package is offered at $761,662 (land $325,000, build $436,662), with a rental appraisal of up to $680 per week.

A single-storey home with 3 bedrooms, open-plan living and a double garage appeals to couples, small families and professionals, supporting steady rental demand.

For investors, Tasmania's tight rental market, low vacancy rates and forecast housing undersupply support long-term rental demand, making a new home in greater Hobart a low-maintenance addition to an investment portfolio.

Features

  • 2 Car
  • Titled Land
  • Single Storey
  • 3 Bed
  • 2 Bath
  • House & Land
  • Turn-Key
  • Double Glazing

Inclusions

  • stone benchtops
  • carpet to bedrooms
  • Fencing
  • Stone benchtops
  • Double garage
  • 600mm induction cooktop
  • 600mm stainless steel canopy rangehood
  • Digital TV antenna
  • Clothesline
  • Stainless steel dishwasher
  • Carpet to bedrooms
  • Gooseneck kitchen sink mixer
  • 600mm electric built-in oven
  • Double glazing
  • Tiled splashback
  • Laminate flooring to main areas
  • Split system air conditioning to living and master bedroom
  • Remote control sectional garage door
  • 2590mm ceiling height
  • Window coverings throughout
  • Tiled shower bases
  • Landscaping
  • Letterbox
  • 6-star energy rating
  • Natural concrete driveway
  • fencing

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 37 20 Creese Drive, Richmond TAS 7025 (3 beds, 120 m2)
City Clarence
State TAS
Postcode 7025
Suburb Richmond
Estate Richmond Green
Region Greater Hobart

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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