Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Cumberland Park › Kyeema Ave
$830,000
Last sold
2 Mar 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
727 m²
Land
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
Last sold
$830,000
2 Mar 2019 · derived via latest_sale
Local land rate: recorded House sales in Cumberland Park (last 5 years) with land size have a median of $1,980/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Cumberland Park
-44.8%
Median sale
Suburb $1,503,500
+1.62 pp
Gross yield
Suburb 2.01%
Suburb median $1,503,500 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $580/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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Daw ParkAuction on site, Saturday the 2nd March 2019 @10am
The best street in Cumberland Park. It's a big call, but Kyeema Avenue backs it up time and time again with its exceptional streetscape and beautiful character homes. Throughout the year, the Jacaranda's lining the street provide a beautiful canopy that in November turns to that bright purple that we all know and love. At Christmas, there's no need to venture to Lobethal, as Kyeema and surrounds are alight with festive brilliance.
If the location isn't impressive enough, then the home most certainly is. A c.1935 Tudor with stunning character timber work and that sandstone faade that every home owner admires. Framed by a substantial front yard and typical Frangipani, this home is a delight to look at.
Internally, at the front in the original part of the home, the character features have been well preserved and maintained over the years. The timber work and art-deco style sliding doors coupled with the high ornate ceilings and fire places are simply stunning.
There are two bedrooms at the front of the home with another two (plus study) in the back. A formal lounge with those sliding doors through to the formal dining room provide additional living space for a large family.
The centrally located kitchen features stone benches, modern gas appliances, pantry and skylight. This overlooks the second living area with adjacent meals all looking out to the picturesque backyard through double doors.
Two updated bathrooms, separate laundry and toilet make this home move in and family ready.
Outside there is a spacious yard and lawn with undercover entertaining and garden shed. In addition to all of this space, the property boasts rear or side lane access meaning the new owners could easily add a new shed or garage to the rear of the home without impacting the faade (STCC).
Upsides aplenty, here's your opportunity to get in on one of the best buys of 2019. For more information contact Daniel Richardson on 0424 332 564.
1 Kyeema Ave, Cumberland Park features;
4 bedrooms plus study
2 bathrooms
Separate laundry
Updated kitchen with modern gas appliances and stone benches
Multiple living areas including open living and meals plus formal lounge and dining
Exceptional character features throughout including internal fretwork, sandstone faade, high, ornate ceilings and timber sliding doors with detailed glasswork.
Ducted evaporative air conditioning
Outdoor entertaining
Spacious yard with valuable rear access via laneway
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the offices of Tanner real estate for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
The Vendor's Statement (Form 1) will be available for perusal by members of the public:
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction.
Specifications:
CT /
Council / Mitcham
Zoning / CP Policy Area 8
Built / c.1935
Land / (Approx.) 737m2
Council Rates / $
ES Levy / $
S.A. Water / $74.45 p.q.
Sewer / $ p.q.
Listing description written by Daniel Richardson, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.