Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
SA › Mitchell Park › Waterman Tce
$460,500
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$460,500
Asking
No recorded sale for this property.
Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Mitchell Park
-52.5%
Median sale
Suburb $970,000
+3.40 pp
Gross yield
Suburb 3.07%
Suburb median $970,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$27,818 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Mitchell Park's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $573/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 6.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Taplin Real EstateTucked into a small, well-kept group in a quiet pocket of Mitchell Park, this neat single-level unit offers comfortable, low-maintenance living in one of the south's most convenient and well-connected locations. Neutral tones, easy-care finishes, and a practical layout with an A-Class tenant make it a perfect opportunity for investors.
At its heart is a light-filled open-plan living and dining zone (approx. 3.80m x 3.47m) finished with warm timber-look flooring and a split-system air conditioner for year-round comfort. The adjoining kitchen is well-appointed with crisp white cabinetry, a gas cooktop, under-bench oven, dishwasher, rangehood and generous cupboard and bench space.
Both bedrooms are comfortably sized, with the master (approx. 3.66m x 3.41m) featuring a full-width built-in robe with mirrored sliding doors. A combined bathroom and laundry adds everyday practicality, complete with a shower, vanity, toilet and space for the washing machine.
Outside, a covered front verandah looks over the established, community managed lawns and gardens, while an allocated carport provides off-street parking with additional visitor parking on site. With virtually nothing left to do, this is a low-maintenance home in a location that is hard to beat.
Features we know you will love
- Open-plan living and dining with timber-look flooring
- Split-system air conditioning
- Kitchen with gas cooktop, under-bench oven, dishwasher and rangehood
- Master bedroom with full-width mirrored built-in robe
- Second well-proportioned bedroom
- Combined bathroom and laundry with shower, vanity and toilet
- Undercover car space
- Established, community-managed lawns and gardens
- Single-level layout; no stairs
Active Tenancy Agreement in place with an A-Class tenant at a subsidised rent of $700.00 per fortnight until February 2027.
Positioned in Mitchell Park, you're moments from Flinders University, Flinders Medical Centre and the Tonsley Innovation District, with Westfield Marion, Castle Plaza and the Sturt River linear park all close by. Public transport is easy via the nearby Tonsley/Flinders train line, and you're within a short drive of the city and Adelaide's southern beaches.
Rates:
Strata: $475.00 per quarter
SA Water: $176.30 per quarter
Council: $336 per quarter
ESL: $25 per quarter
Tom Taplin
+61 407 330 336
tt@taplin.com.au
Taplin Group of Companies – RLA 1836
Follow us: @tom_taplin @taplin
Disclaimer: The information contained herein has been obtained from sources deemed reliable; however, neither the vendor, Taplin Group of Companies, nor their representatives warrant its accuracy. Interested parties are advised to undertake their own independent enquiries and seek appropriate professional advice to satisfy themselves as to the correctness of each particular. No representation or warranty is given or implied as to the condition, dimensions, land size, improvements, or suitability of the property for any particular purpose. While Taplin Group may engage or refer to third-party platforms such as realestate.com.au for marketing purposes, no financial benefit is derived from any associated inspection or reporting services, and no responsibility is accepted for any errors, omissions, or misstatements arising therefrom.
#Taplin #TaplinGroup #WeAreRealEstate
Listing description written by Tom Taplin, Taplin Real Estate — reproduced as published, not verified by Districts.