Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Torrens Park › Tennant St
$888,000
Last sold
18 July 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
836 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
$888,000
18 July 2022 · derived via latest_sale
Local land rate: recorded House sales in Torrens Park (last 5 years) with land size have a median of $1,879/m² of land (n=50). Districts calculation from recorded sales — not a valuation.
Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Torrens Park
-60.4%
Median sale
Suburb $2,245,000
+2.14 pp
Gross yield
Suburb 1.40%
Suburb median $2,245,000 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 $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
Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smallacombe Real Estate MitchamSitting proudly on a substantial allotment ~ boasting an 18.29m frontage ~ amongst other quality homes in an enviable location, this attractive mid-century gem (circa 1959) offers loads of potential.
The home boasts substantial rooms, currently disposed as:
* Wide welcoming entry & hallway
* Formal lounge with reverse cycle air conditioning & charming garden outlook
* Open plan dining flowing from the lounge room out to the lovely timber decked entertaining patio through French doors, creating a desirable indoor/outdoor flow
* Renovated kitchen with panoramic view over the rear garden, dishwasher and breakfast bar into the dining room
* Light bright sunroom which also leads out to the alfresco entertaining area
* 3 generous bedrooms ~ or 2 plus a huge 2nd living area ~ main with BIR and an abundance of natural light
* Tastefully refurbished bathroom combining original Terrazzo with modern tiling, fixtures and fittings & featuring two-way access to the master bedroom
* Enormous versatile 2nd living area/3rd bedroom ~ could be utilised as either a bedroom, family room or home office with a door for external access ~ with reverse cycle air conditioning
* Spacious separate laundry accessible from the kitchen ~ potential to convert to a Butler's pantry
* Fabulous family friendly garden with mature landscaping & garden shed
Located just a short distance to Mitcham Shopping Centre in ever popular Torrens Park, this home offers plenty of space and light and a range of different layout options. Most honestly presented, this home presents a myriad of lifestyle & building opportunities and is ready to simply move in & enjoy without the need for any immediate work. Well worth your inspection.
** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others' health. If you or others that you may have been in contact with, have returned from any interstate or overseas destination within the last 14 days or you are displaying any flu like symptoms please do not attend property viewings. **
Council: City of Mitcham
Council Rates: $1,777.30 per annum
SA Water: $189.95 per quarter
ESL: $157.75 per annum
Land Size: 836sqm (approx.)
Year Built: 1959
Zoning: Hills Neighbourhood
Listing description written by Bruce Farrow, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.