Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
SA › Lower Mitcham › Laurence St
$1,160,000
Last sold
31 July 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
1,022 m²
Land
289 m²
Building
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
$1,160,000
31 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Lower Mitcham (last 5 years) with land size have a median of $2,156/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Lower Mitcham
-26.9%
Median sale
Suburb $1,587,500
+0.73 pp
Gross yield
Suburb 1.98%
Suburb median $1,587,500 from 10 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 $604/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
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Flagstaff HillNestled in the highly sought-after suburb of Adelaide's inner south, this remarkable D'Andrea Architect designed residence presents a unique opportunity to own a brand new, never-lived-in home that truly epitomizes luxury and style. Boasting 4 bedrooms, exquisite living spaces, and an array of high-end features, this property offers the perfect blend of comfort and sophistication.
As you walk past the stunning curved timber façade, step inside and be captivated by the high ceilings that adorn the entire home, including a stunning vaulted rear open living area, Velux skylights and an expansive layout allowing for seamless flow, creating an ambiance of spaciousness and elegance.
Attention to detail is evident throughout, with no expense spared in the selection of high-quality fixtures and fittings. Every aspect of this home has been carefully considered, ensuring a lifestyle of pure indulgence and convenience.
The heart of this residence lies in its rear, a true haven for those who love to entertain. The outstanding Farquhar kitchen has been meticulously designed and fitted with high quality appliances including induction cooktop, integrated dishwasher and perfectly completed with Caesarstone benchtops. Pour your guests a welcome drink from within your built-in wine bar, whilst the ambience of the gas log heater set within the stone fireplace makes your guests feel right at home.
The outdoor entertaining space is just as impressive, connecting seamlessly from indoor to outdoor living via the stunning recessed alfresco doors, complete with a built in BBQ, automatic louvered pergola and lawned space perfect for kids and pets. Whether it's a summer barbecue or a cozy winter gathering, this space is perfect for every occasion.
What we love:
• 3 bedrooms all fitted with robes and ceiling fans
• 4th bedroom or 2nd living area
• Two bathrooms boasting concrete sink to the main and inwall toilet cisterns
• Stunning 3m high ceilings throughout with vaulted ceiling to the rear
• High quality flooring throughout
• Custom wine rack shelving with LED lighting by Steadfast Woodwork
• Farquhar cabinetry and Steadfast Woodwork shelving to the kitchen
• Ducted reverse cycle zoned heating and cooling
• Gas log heater set in stunning stone feature wall
• Caesarstone benchtops throughout
• Security system
• Velux skylights to kitchen and main bathroom
• High quality features and fittings
• Outdoor entertaining with built in BBQ, bench space and automatic louvered pergola
• Irrigated front and rear gardens
• 289sqm of high-quality living space
• 511sqm (approx.) allotment
• Built in 2023
Located in the coveted Lower Mitcham area, this property enjoys an outstanding location. With its close proximity to the vibrant city of Adelaide, you'll have easy access to a plethora of amenities, including world-class dining, shopping, and entertainment options. Furthermore, the tranquil surroundings of Lower Mitcham provide a peaceful retreat from the hustle and bustle of city life.
Don't miss out on the opportunity to call 1 Laurence Street your new home. With its unrivalled combination of breathtaking design, impeccable craftsmanship, and prime location, this property is truly one-of-a-kind. Contact us today to arrange a viewing and experience the epitome of luxurious living.
Best offer by 25th July 2023 (USP)
All property information provided is to the best of our knowledge, however, details intended to be relied upon should be independently verified.
For more information contact Sam Conlen or Tara Witham.
Listing description written by Sam Conlen, Ray White Flagstaff Hill — reproduced as published, not verified by Districts.