1 Petra Drive, Risdon Vale, Tas 7016

Offers over $695,000

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
613 m²
Area

Published on Monday, October 05, 2026 ( See property details for 1 Petra Drive, Risdon Vale, Tas 7016)

Offers over $695,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, spacious family home in Risdon Vale offering contemporary design, stunning mountain views, and excellent investment prospects.

🏡 Property Highlights

  • Contemporary new build (2023) on a generous corner block with modern design and functionality.
  • Spacious open-plan living with double glazed windows and floating floors flooded with natural light.
  • Luxurious master suite featuring a walk-in robe and ensuite for private comfort.
  • Generous timber entertaining deck with picturesque mountain views, perfect for outdoor living.
  • Prime location in the popular Olive Grove Estate with easy access to parks, walking tracks, and local amenities.
  • Strong investment potential with high capital growth (+30%) and a gross yield of over 5%.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area / Balcony
  • Garage / Secure Parking
  • Water tank
  • Fly Screens
  • Security Screens / Gates
  • Fully fenced
  • Ceiling Fans
  • Waterfront / Views
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1 Petra Drive
Risdon Vale, TAS 7016
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Vertical aerial view — 1 Petra Drive
1 Petra Drive — Vertical Aerial  •  Risdon Vale, TAS 7016  •  Nearmap © 2026

Risdon Vale is a peaceful, family-friendly suburb on Hobart's eastern shore, renowned for its natural beauty, parks, and walking tracks. It offers a strong sense of community, excellent local amenities, and easy connectivity to Hobart CBD. The area is ideal for families seeking a relaxed lifestyle with scenic surroundings, while also providing promising investment opportunities due to its high growth and rental yields.

What are the key features of this modern family home?
This home features spacious open-plan living, a luxurious master suite with walk-in robe and ensuite, a sleek modern kitchen with premium appliances, a large outdoor entertaining deck with mountain views, and a secure, fully fenced yard.
Is the property suitable for families?
Yes, the property is designed for family living with three bedrooms, a secure yard, and proximity to local parks and schools, making it ideal for families seeking a peaceful and convenient lifestyle.
What are the investment prospects for this property?
Investors can benefit from high capital growth, with Risdon Vale experiencing a 30% increase over three years, and a strong gross yield of over 5%, making it a promising addition to any portfolio.
Does the property have outdoor living spaces?
Yes, the property boasts a generous timber entertaining deck with picturesque mountain views, perfect for outdoor gatherings and relaxation.
What are the main amenities nearby?
The property is close to local schools, shops, parks, walking tracks, and offers easy access into Hobart CBD, providing convenience and lifestyle benefits.
Are there any upcoming planning or development applications in the area that could affect the property’s value or environment? What are the detailed zoning restrictions and any potential easements on the property? Are there any known issues with the construction or materials used in the 2023 build? Is there any history of flooding or bushfire risk in the Risdon Vale area? Are there any strata or community title considerations, or is it freehold land? What are the ongoing costs for council rates, water rates, and maintenance? Are there any restrictions or covenants affecting the use of the outdoor deck or yard? Is the property connected to all essential services, including high-speed internet and water supply? Are there any planned infrastructure projects or roadworks nearby that could impact the property? What is the history of rental demand and vacancy rates in Risdon Vale?

1 Petra Drive, Risdon Vale, Tas 7016 - More Details

Offers over $695,000

Constructed in 2023 on a generous corner block, you can enjoy contemporary comfort and convenience in this beautifully presented residence, where modern design meets a strong sense of functionality. Featuring spacious open-plan living enhanced by double glazed windows and snappy floating floors throughout the main living spaces, the home is flooded with natural light and captures a serene, bright atmosphere.

The heart of the property is occupied by a sleek modern kitchen, appointed with a quality island bench, sophisticated black tapware and premium appliances, all designed to make everyday cooking and hosting a pleasure. Flowing easily from the main living area, a generous timber entertaining deck provides the ultimate setting for weekend barbecues or relaxing outdoors while taking in magnificent, picturesque views of Mt Wellington/Kunanyi.

Accommodation is thoughtfully arranged with all three bedrooms comfortably carpeted for warmth and texture underfoot. The sunlit master bedroom serves as a private retreat complete with a luxe ensuite and walk in robe, whilst the remaining bedrooms offer built ins and easy access to well-appointed amenities. Designed for practical family living, the property also features a fully fenced and secure yard, an automatic garage (including an internal laundry space), and extensive under house storage to easily accommodate all of your lifestyle needs.

Investors will be impressed by the combination of high capital growth (Risdon Vale median sales +30% rolling 3 yrs) and strong gross yield (5%+), especially enticing in a very tight rental market.

Positioned in the increasingly popular eastern shore pocket of Olive Grove Estate, greater Risdon Vale offers an exceptional lifestyle balance of community charm and everyday convenience. Surrounded by picturesque natural landscapes, local parks, and walking tracks, the suburb provides a peaceful family-friendly environment while remaining just a short drive to local schools, shops, and services, with rapid connectivity into the Hobart CBD.

• spacious open plan living, double glazed windows
• generous entertaining deck, mountain views
• sunlit master bedroom, walk in robe, luxe ensuite
• sleek modern kitchen, island bench, premium appliances
• fenced, secure yard, auto garage, under house storage

Rental Estimate: $625 - $675 per week
Approximate Annual Council Rates: $2,100
Approximate Annual Water Rates: $1,000
Zoning: General Residential
Construction Date: 2023

Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt it's accuracy, guarantee cannot be assured. The content is intended as advice, and as such cannot be taken as absolute fact. Any and all imagery displaying outlines, measurements or locations are approximate for marketing purposes only. Please refer to the title documents supplied. Some images may depict digital styling. Accordingly, all interested parties should make their own enquiries to verify this information.

Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
613 m²
House Size
144 m²

Map & nearby places — 1 Petra Drive, Risdon Vale, Tas 7016

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