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10 Elpida Street RISDON VALE
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For Sale
$245,000+
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Risdon Vale is a relaxed outer suburb of Hobart, nestled approximately 10km northeast of the city centre. The area unfolds across rolling hills and greenery, offering a leafy backdrop framed by the ripples of Risdon Brook Dam and nearby bushland reserves that invite walking and outdoor moments. A genuine local community pulses here, featuring a primary school and Metro bus connections linking residents to central Hobart and Rosny Park. Though much of the suburb is residential, the mix of single-family homes and verdant spaces brings a spacious, country-adjacent feel. Risdon Vale strikes a wonderful balance between peaceful, nature-embraced living and easy accessibility to urban conveniences.
Risdon Vale property market
The Risdon Vale property market last month recorded 4 properties available for rent and 7 properties listed for sale. Median house prices over the past year sit at $465,000.
For investors, Risdon Vale presents appealing opportunities, with houses renting for around $480 per week and offering an annual rental yield of 5.1%. The suburb has also demonstrated steady growth over time, with an annual compound growth rate of 1.4% for houses.
Set against a backdrop of bushland and with easy access to Hobart’s CBD, Risdon Vale is a suburb that combines affordability with convenience. Its proximity to schools, parks, and services makes it a popular option for families, while its investment potential continues to attract buyers seeking value and reliable returns.
Market trends
View median property prices* in Risdon Vale to get a better understanding of local market trends.
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*Data based on sales within the 12 months to August 2025.