Risdon Vale
Suburb profile, market snapshot and recent listings for Risdon Vale, TAS 7016.
About Risdon Vale
Welcome to Risdon Vale
Risdon Vale sits in Hobart's eastern suburbs, tucked into the hills above the Derwent River roughly 15 minutes' drive from the CBD. It's a quiet, close-knit residential pocket bordered by Risdon, Geilston Bay, Lindisfarne, Lutana and Rose Bay, with a young population (median age 34) that reflects its appeal to families and first-home buyers looking for affordability within easy reach of the city.
This is a suburb of modest, practical housing and wide streets rather than showy architecture, and it suits buyers who want space, value and a genuine community feel over inner-city polish. With a population of 3,171, it retains a low-key, suburban character while still being connected to the busier shopping and dining strips of Lindisfarne and Rose Bay nearby.
Lifestyle & dining
Risdon Vale itself is a residential suburb first and foremost, with everyday life centred on home and local streets rather than cafe strips. For dining out, groceries beyond the essentials, or a coffee with a view, residents typically head a short drive to Lindisfarne or Rose Bay, both of which offer a good spread of cafes, takeaway options and specialty shops along the eastern shore.
The pace here is unhurried, and the surrounding hills and river views give the area a semi-rural feel despite its proximity to Hobart. It's a suburb that rewards those happy to travel a little for entertainment in exchange for a quieter home base.
Shopping
Day-to-day shopping needs are covered by nearby Lindisfarne and Rose Bay, which between them offer supermarkets, bakeries, pharmacies and boutique retailers. For bigger shopping trips, Hobart's CBD and the Eastlands shopping centre precinct in the wider eastern shore area are within easy reach by car, giving Risdon Vale residents good access to major retail without the suburb itself being a shopping destination.
Getting around
Risdon Vale is well positioned for car-based commuting, with the Tasman Highway providing a direct link into Hobart's CBD, typically around a 15-minute drive depending on traffic. Bus services connect the suburb to Lindisfarne, Rose Bay and onward into the city, making it a workable option for those without a car, though most households rely on driving given the hilly, low-density street layout.
Neighbouring Geilston Bay and Risdon offer additional route options for those commuting toward the northern suburbs or industrial areas along the Derwent, while the eastern shore's arterial roads keep the suburb reasonably well connected for its distance from the centre.
Schools & families
Risdon Vale Primary School serves the local area, giving younger families a school within the suburb itself and a strong sense of community around it. Secondary schooling and additional educational options are available in the surrounding suburbs, with families often looking to Lindisfarne and the broader eastern shore for high school choices as children get older.
Parks & recreation
The suburb's hillside setting means many homes enjoy elevated outlooks over the Derwent River and surrounding bushland, and there's good access to open space and walking tracks in and around the area. The nearby foreshores at Geilston Bay and Lindisfarne add waterside recreation options, from walking paths to boat ramps, for those wanting to make the most of Hobart's eastern shore.
The property market
Risdon Vale's median house price currently sits at $537,000, making it one of the more affordable options on Hobart's eastern shore, particularly compared with neighbouring Lindisfarne and Rose Bay. The suburb has recorded strong recent growth of 13.1%, reflecting solid buyer demand for its value proposition close to the city.
Median rent is $550 a week, and current listings show a dwelling mix weighted toward houses (52%) and land (45%), with apartments and units making up just 3%. That mix points to a suburb still built around standalone homes and house-and-land opportunities, appealing to both owner-occupiers and buyers looking to build.
Market snapshot
Risdon Vale property market
Median sale price
$537k
House · 3 bed
Median rent
$550
per week
Gross rental yield
5.3%
annual rent ÷ sale price
Typical price range
Entry
$453k
Median
$537k
Premium
$716k
Days on market
21
Auction clearance
0%
Sold this year
46
Median sold price trend · House 3 bed
Compound growth +2.7% / yr over 4 yrs
Property types on market
Share of current listings in Risdon Vale by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Risdon Vale, TAS 7016.
Population
3,171
residents (2021)
Median age
34
years
Household income
$1,187
median, per week
Median rent
$320
per week
Median mortgage
$1,083
per month
Mortgage / income
21%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Risdon Vale
Government school catchment
Recent results
Recently sold in Risdon Vale
$635k
82 Sycamore Road
Sold ~July 2026
$529k
21 Gardenia Road
Sold ~July 2026
$525k
14 Laurel Street
Sold ~July 2026
$660k
10 Lantana Road
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Risdon Vale
Compare the area
Price map around Risdon Vale
Every listing for sale near Risdon Vale, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Nearby suburbs
Quick switch to nearby areas
Common questions
Risdon Vale suburb FAQ
What is the median property price in Risdon Vale?
The median house price in Risdon Vale, TAS is $537k for a 3-bedroom home. Over the past year, median sold prices have risen about 13.1%.
How much is rent in Risdon Vale?
The median weekly rent in Risdon Vale is around $550 per week.
Is Risdon Vale a good place to live?
Risdon Vale is an established residential suburb in TAS, with a population of around 3,171 and 1 school in the area.
What is the population of Risdon Vale?
Risdon Vale has a population of 3,171 (ABS 2021 Census), with a median age of 34.
What schools are in Risdon Vale?
There is 1 school in or near Risdon Vale, including Risdon Vale Primary School.
How long do homes take to sell in Risdon Vale?
Properties in Risdon Vale take around 21 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Risdon Vale?
Entry-level properties in Risdon Vale start around $453k, while premium homes reach $716k.
What suburbs are near Risdon Vale?
Suburbs near Risdon Vale include Risdon, Geilston Bay, Lindisfarne, Lutana and Rose Bay.
Available now