1 Gunning Street, Richmond, TAS 7025 sold on 06 June 2025 | OnTheHouse
SOLD
Sold on 06 Jun 2025 for $937,000

1 Gunning Street
Richmond TAS 7025

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 193m2
Land area: 2279m2
Sold By
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Kate Clark
EIS Property
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Nyal Merdivenci
EIS Property
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Property Details for 1 Gunning St, Richmond

1 Gunning St, Richmond is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 2279m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 4 bedroom House sold in Richmond in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
193m2
Land Size
2279m2
Local Government
Clarence
Lot/Plan
1/225839

Last Listing description (August 2025)

Nestled in the heart of Richmond's renowned heritage precinct, this residence presents an exceptional opportunity on a substantial 2,297m allotment. With four bedrooms, two bathrooms, and a substantial floor plan, this home offers remarkable versatility, making it ideal for families, developers, investors or those with a creative vision.With classic character details throughout, including ornate ceiling roses, a wide hallway, arches and a separate living area with a cosy brick fireplace. The dining area flows seamlessly into the functional kitchen. At the front of the home, the old shopfront adds a unique dimension with endless potential (STCA) for a business, community hub, educational use, or other permitted uses under its general residential zoning.With its generous sized allotment size and zoning that allows for subdivision or development (STCA), this is a rare chance to secure a piece of Richmond's history while unlocking future value. The property's layout and size provide a solid foundation for modernising or repurposing to suit your needs.Located just a short stroll from Richmond's iconic bridge, the oldest bridge in Australia still in use, cafes, galleries, shops, and local schools and less than 25 minutes to Hobart and 10 minutes to Sorell. This property offers the perfect balance opportunity of securing a piece of paradise in a desirable area.

Property History for 1 Gunning St, Richmond, TAS 7025

A timeline of how this property has performed in the market
Last Sold
$937,000
06 Jun 2025
  • 06 Jun 2025
    Sold for $937,000
  • 26 May 2025
    Listed for Sale Offers over $795,000
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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 2016 was 1464 people. By 2021 the population was 1583 showing a population growth of 8.1% in the area during that time. The predominant age group in Richmond is 60-69 years. Households in Richmond are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 81.20% of the homes in Richmond were owner-occupied compared with 80.00% in 2016.

Richmond has 871 properties. Over the last 5 years, Houses in Richmond have seen a 58.76% increase in median value, while Units have seen a 42.22% increase. As at 31 January 2026:

  • The median value for Houses in Richmond is $916,727 while the median value for Units is $489,387.
  • Houses have a median rent of $650.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 41 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 7025

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Cotality Copyright and Legal Disclaimers about Property Data
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.