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 › Edward St
$830,000
Last sold
5 Nov 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
767 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
5 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Cumberland Park (last 5 years) with land size have a median of $1,990/m² of land (n=46). 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 Turner Real Estate AdelaideAuction Location: On site
Auction Saturday 5th of November at 12pm - Unless Sold Prior
Set on a large and wide allotment of 767sqm (approx) sits this much loved double brick art deco style home built in 1950. Set well back from the street, with a north facing rear aspect in the highly sought after suburb of Cumberland Park, this family home is one to inspect!
Stepping inside you will notice swathes of natural light and high ceilings. The living room is situated to the right of the formal hallway, and features an ornate fireplace, bay window and access to the dining area which could also be used as a second living space. The kitchen has been updated and features loads of cabinetry, bench space, quality appliances and plenty of room to move around and entertain!
The two main bedrooms are both large and serviced by the ducted a/c system which runs throughout the home. The third bedroom has two access points and can be converted to a sun room, study, or children's retreat. The bathroom is well maintained and tidy. The home features a separate laundry and very handy separate second toilet.
Stepping outside you will find a substantial undercover entertaining area, perfect for hosting friends and family. The rear yard is expansive, flat and without significant trees. Plenty of space to extend or develop on (subject to planning consents)!
The property is situated in an ultra-convenient location with shopping amenities and eateries nearby. With quality local schooling nearby including zoned to Westbourne Park Primary and Unley High with further schooling options including Scotch College, Mercedes College and Cabra College. Its also an easy walk to multiple public transport options, and your local shopping centres will include Foodland Pasadena, Mitcham, Castle Plaza and Westfield Marion.
Features we love:
- Formal lounge
- Separate formal dining room
- Hardwood floors throughout
- Updated kitchen with stainless steel appliances and gas cooking
- Ducted a/c system throughout
- Sunroom with ample natural light and northern orientation
- Paved entertaining area
- Garden shed
- Garage with roller door
- Extra storage in hallway
- Clothes line
Currently tenanted until 13/07/2023
This is a special home which will excite the market, make sure to register your interest with me!
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 commences.
CT / 5423 / 410
Year built / 1950
Building Area / 192 sqm approx.
Land Size / 767 sqm approx.
Council / City of Mitcham
Torrens Title
Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639
Listing description written by Igor Smudic, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.