Risdon Vale is an affordable northern-eastern suburb in the Clarence municipality, with competitive pricing attracting investors and families. Access to the Meehan Range walking trails and proximity to the Hobart Remand Centre site. At the current $430k median house price, an 80% loan at 6.25% over 30 years is about $2,118 per month.
| Median house price | $430,000 |
|---|---|
| Median unit price | $280,000 |
| Estimated monthly repayment | $2,118 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8.5% |
| Gross rental yield | 5.8% |
| Typical days on market | 20 |
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