3 Franklin Street, Richmond, TAS 7025 | Property Value & History | OnTheHouse
OFF MARKET

3 Franklin Street
Richmond TAS 7025

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 147m2
Land area: 1130m2
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Property Details for 3 Franklin St, Richmond

3 Franklin St, Richmond is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1880. The property has a land size of 1130m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
House
Year Built
1880
Floor Size
147m2
Land Size
1130m2
Local Government
Clarence
Lot/Plan
1/48082

Last Listing description (March 2014)

Your Own Piece Of History, Upgraded and Ready to Enjoy
It is a pleasure to present to market this timeless gem in the centre of the historic township of Richmond. The current owners have been meticulous in fully renovating throughout and creating a quality, charming home with flexible living layouts and yet retaining the character of the original period of its construction and additions dating from the 1800's. The property is situated on a large flat block of 1125m2 convenient to the centre of the village. Retaining the front facade and verandahs, the house has two access points at both front and rear and provides flexibility for independent style living between two sections. Entry at the front right opens into a hallway with high ceilings and showcasing original timbers and a thoughtfully designed showcase of some of the numerous layers of wallpaper uncovered during renovation. The hall links a spacious double bedroom, modern bathroom, laundry and sunny lounge/living or 4th bedroom complete with hidden kitchenette behind folding doors. This front room would be a great place for a home office/study or for the overnight guests. Linking down the central original section of the home are front and back porches, main dining room and tastefully decorated and generous bedroom. The other wing with its own hallway with similar character features is where you discover the main kitchen, front lounge/living, second bathroom and the smaller of the the bedrooms but still size enough to set up two single beds. Currently zoned residential and adjoining the main commercial area of this popular township there is potential to further utilise this attractive property. You have a blank canvas in the backyard area for landscaping and ancillary structures. The area provides plenty of off street parking and with the right process and approvals you could possibly develop a home business. The care and diligence taken with the renovation presents an obvious opportunity for not only flexible family living, but to run a home business with focus most likely on tourist heritage accommodation experience. The owner will even consider negotiations on a fully furnished basis. This is truly an opportunity that deserves serious consideration and more importantly a closer inspection of the wonderful presentation of the interior of this home. If you take the time I am sure you will be impressed and taken by the charm and quality of this character profile property.
For your private inspection, please contact Gavin Shaw

Additional feature/s - Fully Fenced.

Property History for 3 Franklin St, Richmond, TAS 7025

A timeline of how this property has performed in the market
Last Sold
$390,000
21 Mar 2014
  • 21 Mar 2014
    Sold for $390,000
  • 01 Feb 2014
    Listed for Sale OFFERS OVER $430,000
  • 09 Aug 2013
    Listed for Sale OFFERS OVER $429,000
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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 869 properties. Over the last 5 years, Houses in Richmond have seen a 65.71% increase in median value, while Units have seen a 57.53% increase. As at 31 October 2025:

  • The median value for Houses in Richmond is $863,899 while the median value for Units is $535,520.
  • Houses have a median rent of $550.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 42 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.