38 Kerria Road, Risdon Vale, TAS 7016 | House for sale | OnTheHouse
FOR SALE
Offers over $700,000

38 Kerria Road
Risdon Vale TAS 7016

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 94m2
Land area: 1743m2
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Incredible Investment Opportunity

Set on a generous 1743 m2 corner block is this neatly presented 3 bedroom home which is currently leased at $490 per week with a quality long-term tenancy in place.
On two titles and with dual driveway access and confirmed council minimum lot sizes of 325sqm, there may be potential to create another four dwellings (STCA), making this a rare investment opportunity. Each allotment is fully fenced and there is a large double garage on the vacant allotment.
The land is gently sloping and presents an absolute opportunity for buyers such as investors, developers or families to build executive townhouses. The pleasant outlook over the surrounding hills forms a peaceful backdrop and just across the road is a small playground and public transport.
Located nearby local shops and the Risdon Vale Primary School and only a 15 minute drive to Glenorchy or the Hobart CBD.
-Prime opportunity for townhouse development
-Corner block of 1743m2 on two titles with dual driveway access
-Existing 3 bedroom house with quality long term tenancy
-Excellent location only 15 minutes to Glenorchy or Hobart CBD
Joy & Williamson have made every effort to ensure the accuracy of the information contained herein. While there is no reason to doubt its accuracy, guarantee cannot be assured. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property Details for 38 Kerria Rd, Risdon Vale

38 Kerria Rd, Risdon Vale is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 1743m2 and floor size of 94m2. The place is currently for sale with Joy & Williamson.

Building Type
House
Floor Size
94m2
Land Size
1743m2
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About Risdon Vale 7016

The size of Risdon Vale is approximately 14.5 square kilometres. It has 14 parks covering nearly 12.9% of total area. The population of Risdon Vale in 2016 was 2872 people. By 2021 the population was 3171 showing a population growth of 10.4% 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 2021, 63.50% of the homes in Risdon Vale were owner-occupied compared with 64.00% in 2016.

Risdon Vale has 1,417 properties. Over the last 5 years, Houses in Risdon Vale have seen a 41.59% increase in median value, while Units have seen a 34.74% increase. As at 31 October 2025:

  • The median value for Houses in Risdon Vale is $460,398 while the median value for Units is $497,398.
  • Houses have a median rent of $480.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Risdon vale on OnTheHouse. According to Cotality's data, 84 properties were sold in the past 12 months in Risdon vale.

Suburb Insights for Risdon Vale 7016

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Stephanie Huizing
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Joy & Williamson
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.