41 Banksia Road, Risdon Vale, TAS 7016 | Property Value & History | OnTheHouse
OFF MARKET

41 Banksia Road
Risdon Vale TAS 7016

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 89m2
Land area: 784m2
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Property Details for 41 Banksia Rd, Risdon Vale

41 Banksia Rd, Risdon Vale is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1962. The property has a land size of 784m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
House
Year Built
1962
Floor Size
89m2
Land Size
784m2
Local Government
Clarence
Lot/Plan
3/60462

Last Listing description (January 2025)

Positioned on a generous 785m² block, close to the Meehan Range Parks and Wildlife Reserve, this 3-bedroom, 1-bathroom home offers the perfect opportunity for first-time buyers, investors, or families looking for room to grow. The property boasts a spacious living area, functional kitchen, and a bright bathroom. A standout feature of this home is the additional structure at the rear of the property, presenting the potential to substantially increase your return on investment (subject to council approval) or easily accommodate extended family members. Whether you're looking to expand or create a rental opportunity, the possibilities for a quick value add are endless.

The home is fitted with 20 solar panels, providing an excellent way to cut electricity costs by up to three-quarters. This energy-saving feature not only helps reduce bills but also supports a more sustainable way of living. With lower ongoing expenses, you'll have more freedom to enjoy everything this fantastic location has to offer.

The property is ideally located just a short drive from Hobart's CBD, providing easy access to shopping, dining, and entertainment options. With local parks, schools, and public transport nearby, this is a fantastic area enjoy a relaxed lifestyle with all the amenities you need within reach. Don't miss your chance to secure a comfortable home in this affordable location.

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Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 41 Banksia Rd, Risdon Vale, TAS 7016

A timeline of how this property has performed in the market
Last Sold
$425,000
21 Jan 2025
  • 21 Jan 2025
    Sold for $425,000
  • 07 Jan 2025
    Listed for Sale $445,000 +
  • 23 May 2018
    Sold for $187,500
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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 42.72% increase in median value, while Units have seen a 35.78% increase. As at 31 December 2025:

  • The median value for Houses in Risdon Vale is $477,244 while the median value for Units is $506,155.
  • Houses have a median rent of $490.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Risdon vale on OnTheHouse. According to Cotality's data, 90 properties were sold in the past 12 months in Risdon vale.

Suburb Insights for Risdon Vale 7016

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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.