4 Waratah Road, Risdon Vale, TAS 7016 sold on 23 April 2025 | OnTheHouse
 
SOLD
Sold on 23 Apr 2025 for $475,000

4 Waratah Road
Risdon Vale TAS 7016

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 92m2
Land area: 570m2
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Property Details for 4 Waratah Rd, Risdon Vale

4 Waratah Rd, Risdon Vale is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 570m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 3 bedroom House sold in Risdon Vale in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
92m2
Land Size
570m2
Local Government
Clarence
Lot/Plan
2/11057

Last Listing description (June 2025)

Perched perfectly on the upper side of wonderful Waratah Road, this freshly painted weatherboard construction will suit first home families or savvy investors looking for a high yield addition to the portfolio. With the local shops, service station, parks, and primary school all within 5-10 minutes walking distance, this mid-century cutie is both convenient and practical.

Leased to fantastic tenants until late September, the home has benefitted from some lovely updates, including snappy floating floors in the living spaces and hall, whilst a well-appointed kitchen features black tile splashbacks, Euro appliances, laminate benchtops, and smart soft close cabinetry.
Accommodation includes three good sized bedrooms, two being carpeted, whilst the third boasts original polished boards. The light filled home is serviced by a renovated bathroom, including floor to ceiling tiles, with the toilet located separately for your convenience, and a large laundry equipped with new benchtop and tiles.

A fenced, secure yard is generous in size and has been annexed to provide a separate area for the family pet. Raised garden beds await next seasons plantings; the front yard has been nicely landscaped to enhance the striking street appeal.

Risdon Vale is an emerging Eastern shore suburb, popular with young families seeking an easy, suburban lifestyle. It is located perfectly to provide easy access to the Hobart CBD (15-minute drive) or Glenorchy CBD (12-minute drive) and is well serviced by an array of shops, parks and school. With the beautiful Risdon Brook Park/Dam reserve on your doorstep, this property offers the ultimate combination of convenience, affordability, and growth potential.

Contact Mark Weaver to ensure your inspection today.

Council Rates: $1,100 (Approx p.a.)
Water Rates: $1,000 (Approx p.a.)
Rental per week: $470
Lease end date: September, 2025
Approx gross yield: 5.4%

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Property History for 4 Waratah Rd, Risdon Vale, TAS 7016

A timeline of how this property has performed in the market
Last Sold
$475,000
23 Apr 2025
Listed for Rent
$460/w
25 Sep 2023
  • 23 Apr 2025
    Sold for $475,000
  • 18 Dec 2024
    Listed for Sale $455,000 - $485,000
  • 18 Sep 2023
    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 1,419 properties. Over the last 5 years, Houses in Risdon Vale have seen a 46.27% increase in median value, while Units have seen a 31.37% increase. As at 30 November 2025:

  • The median value for Houses in Risdon Vale is $480,240 while the median value for Units is $497,090.
  • Houses have a median rent of $490.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Risdon vale on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Risdon vale.

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