10 Magnolia Road, Risdon Vale, TAS 7016 sold on 16 April 2026 | OnTheHouse
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Sold on 16 Apr 2026 for $590,550

10 Magnolia Road
Risdon Vale TAS 7016

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 106m2
Land area: 634m2
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Property Details for 10 Magnolia Rd, Risdon Vale

10 Magnolia Rd, Risdon Vale is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1963. The property has a land size of 634m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom House sold in Risdon Vale in the last 12 months.

Building Type
House
Year Built
1963
Floor Size
106m2
Land Size
634m2

Last Listing description (April 2026)

If you're looking for a solid, low-maintenance investment with immediate returns, this one is well worth your attention.

Positioned in the growing suburb of Risdon Vale, this property offers a fantastic opportunity for investors, with reliable tenants already in place, meaning you can start earning from day one.

The home features three well-sized bedrooms, a central bathroom, and a functional layout with a spacious living area flowing through to the dining and kitchen. It's designed for comfortable, practical living, something tenants truly value.

Not only does this home offer comfort and low maintenance, but it also comes equipped with solar panels, helping save on energy costs while living more sustainably.

Outside, the property continues to impress with a separate utility space. There's also a garage, carport, and covered entertaining area, adding even more appeal.

Set on a generous block, this property offers space, flexibility, and long-term potential.

The property is tenanted until 1st October 2026. With strong rental appeal and tenants already settled, this is a smart, hassle-free addition to any portfolio.

Don't miss your chance to secure a quality investment in a high-demand location.

*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

*All timeframes and dimensions are approximates only.

Property History for 10 Magnolia Rd, Risdon Vale, TAS 7016

A timeline of how this property has performed in the market
Last Sold
$590,550
16 Apr 2026
Listed for Rent
$460/w
25 Sep 2025
  • 16 Apr 2026
    Sold for $590,550
  • 29 Mar 2026
    Listed for Sale Offers Over $495,000
  • 17 Sep 2025
    Listed for Rent $460 / week
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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 43.67% increase in median value, while Units have seen a 26.52% increase. As at 30 April 2026:

  • The median value for Houses in Risdon Vale is $542,850 while the median value for Units is $528,833.
  • Houses have a median rent of $500.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Risdon vale on OnTheHouse. According to Cotality's data, 68 properties were sold in the past 12 months in Risdon vale.

Suburb Insights for Risdon Vale 7016

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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.