1 Saltbush RoadRisdon Vale TAS 7016
Property Details for 1 Saltbush Rd, Risdon Vale
1 Saltbush Rd, Risdon Vale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1963. The property has a land size of 924m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 1995.
Last Listing description (June 2026)
Positioned on a substantial 924m parcel of land, this property presents an outstanding opportunity for investors, developers and land bankers seeking immediate income with significant future upside.The existing three-bedroom home offers comfortable accommodation with timber flooring, character features and a practical floor plan incorporating a separate living area, dining space and functional kitchen. A heat pump provides year-round comfort, while the carport and separate shed add further convenience for tenants or owner-occupiers.Currently offering strong rental appeal, the property provides the flexibility to generate income while plans for the future are explored. The generous landholding creates exciting possibilities for subdivision, strata development or additional dwellings (STCA), making this a rare opportunity to secure both cash flow and development potential in one package.Of particular interest is the potential for access from neighbouring Sycamore Road (STCA), which may enhance future development outcomes and provide greater flexibility for site design and subdivision options.Key Features: 924m allotment Existing three-bedroom home Timber flooring and original character features Heat pump for year-round comfort Carport and separate shed Strong rental yield potential Potential subdivision, strata development or additional dwellings (STCA) Potential access from Sycamore Road (STCA) Opportunity to hold, rent, develop or land bank for the futureProperties offering a sizeable parcel of land, an established dwelling and multiple development pathways are increasingly difficult to find. Whether your strategy is immediate rental return, future subdivision or a larger redevelopment project, this property offers the flexibility to pursue a range of investment outcomes.The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Property History for 1 Saltbush Rd, Risdon Vale, TAS 7016
- 02 Jun 2026Listed for Sale Offers over $595,000
- 13 Apr 2021Listed for Rent $395 / week
- 06 Apr 2020Listed for Rent $370 / week
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0About Risdon Vale 7016
The size of Risdon Vale is approximately 14.5 square kilometres. There are 14 parks, covering nearly 12.9% of the 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 1,418 properties. Over the last 5 years, Houses in Risdon Vale have seen a 42.44% increase in median value, while Units have seen a 30.36% increase. As at 31 May 2026:
- The median value for Houses in Risdon Vale is $552,930 while the median value for Units is $550,612.
- Houses have a median rent of $525.
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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