TAS · 7016

Risdon Vale

Suburb profile, market snapshot and recent listings for Risdon Vale, TAS 7016.

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 price ranks #3,310 of 3,797 suburbs · pricier than 13%

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.

House52%
Land45%
Apartment / Unit3%

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

Risdon Vale Primary School

K-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Risdon Vale

$635k

82 Sycamore Road

house4 bd · 2 ba · 5 car

Sold ~July 2026

$529k

21 Gardenia Road

house3 bd · 1 ba · 4 car

Sold ~July 2026

$525k

14 Laurel Street

house2 bd · 1 ba · 1 car

Sold ~July 2026

$660k

10 Lantana Road

house3 bd · 1 ba · 4 car

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

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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.

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Risdon ValeNearby suburbs

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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

Properties in Risdon Vale

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Image 1
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For Sale
Offers over
land
StMate est. ~$240k

Nature's sanctuary, city's doorstep - your dream Meehan Ranges escape

107 Downhams Road, Risdon Vale TAS 7016
87.83 ha
Harcourts Hobart1 month ago
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For Sale
$695,000
house

House & Land Package - Olive Grove, Risdonvale

Lot 14 Olive Grove Estate, Risdon Vale TAS 7016
322659 m²
Creative Homes1 week ago
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For Sale
$525,000
house

The Perfect Start or Investment Opportunity

100 Sycamore Road, Risdon Vale TAS 7016
313685 m²
Fall Real Estate Hobart2 weeks ago
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For Sale
$260,000
land

FANTASTIC BUILDING BLOCK IN NEW HOMES AREA

12 Pipit Drive, Risdon Vale TAS 7016
650 m²
For Sale By Owner3 months ago
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For Sale
$575,000
apartment

Ideal Investment or First Home!

5/110 Athena Drive, Risdon Vale TAS 7016
21242 m²
For Sale By Owner1 month ago
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Image 1
For Sale
$649,000
house

House & Land Package - Olive Grove, Risdon Vale

14 Olive Grove Estate, Risdon Vale TAS 7016
322659 m²
Creative Homes1 week ago
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Image 1
For Sale
$630,000
house

Development Opportunity with Existing Home and Multiple Future Options (STCA)

1 Saltbush Road, Risdon Vale TAS 7016
314924 m²
Fall Real Estate Hobart1 month ago
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Image 1
For Sale
$220,000
land

Exceptional 547m² allotment with mountain views

18 Triandra Avenue, Risdon Vale TAS 7016
547 m²
Harcourts Signature Northern Suburbs1 month ago
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For Sale
$695,000
house

Modern Comfort in Emerging Risdon Vale

95 Athena Drive, Risdon Vale TAS 7016
422479 m²
4one4 Property Co.1 month ago
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For Sale
$499,000
land

Great Development Opportunity

2 Elpida Street, Risdon Vale TAS 7016
1653 m²
Moane's Real Estate3 months ago
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For Sale
$255,000
land

Land For Sale in Picturesque Olive Grove Estate

170 Sugarloaf Road, Risdon Vale TAS 7016
Moane's Real Estate3 months ago
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For Sale
$420,000
land

Development Land in Exclusive Olive Grove Estate

10 Eonia Avenue, Risdon Vale TAS 7016
990 m²
Moane's Real Estate3 months ago
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