Mitcham at a glance
17,531
People
$904,000
Median sale
$581/wk
Median rent
3.34%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
VIC › Mitcham › Heatherdale Rd
$1,100,000
Last sold
16 Dec 2023
4
Bedrooms
2
Bathrooms
1
Car spaces
700 m²
Land
Districts View
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
$1,100,000
16 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Mitcham (last 5 years) with land size have a median of $1,652/m² of land (n=14). Districts calculation from recorded sales — not a valuation.
Mitcham at a glance
17,531
People
$904,000
Median sale
$581/wk
Median rent
3.34%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Vs Mitcham
+21.7%
Median sale
Suburb $904,000
-0.59 pp
Gross yield
Suburb 3.34%
Suburb median $904,000 from 6 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3
NRZ3
Jurisdiction
Whitehorse
Whitehorse, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 698 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 698 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $581/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 698 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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?
KnownlowOfficial parcel about 698 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Mitcham at a glance
17,531
People
$904,000
Median sale
$581/wk
Median rent
3.34%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by LOCI WantirnaNestled privately in stunning garden surrounds is a weatherboard delight that will captivate you from the start.
Full of traditional charm, it spans a favoured single level, offering a well-considered floorplan that caters perfectly to seamless family living. The front of the home offers quiet retreat for Mum and Dad, with the generous master bedroom located at the entry. It has built-in robes, direct access to a two-way bathroom, and close proximity to a formal living and dining room. Here, an open fireplace takes pride of place, offering both ambience and warmth in the cooler months. The remaining three bedrooms are sizeable and offer built-in robes. They are located in a private zone that is perfect for the younger occupants of the home to share; a fully renovated bathroom with a deep, clawfoot bath services them. The hub of the home is an expansive open plan space featuring beautiful polished timber floors. It comprises a substantial family-meals area that is the perfect place to enjoy relaxed interactions with family and friends, and a well-equipped kitchen with stone benchtops, quality appliances by Asko and St George, and a generous walk-in pantry. Outdoors, a large deck extends the homes living spaces, and a pitched roof pergola overhead offers protection from the elements. Red brick paving, and surrounding greenery in different shades and foliage’s contribute to the picturesque backdrop, while a grassed yard offering an abundance of natural shade makes the perfect play space for children or much-loved family pets.
Notable extras include gas ducted heating, evaporative cooling, split system heating and cooling, ceiling fans, high ceilings and decorative cornices, a full-sized laundry, and a single lock-up garage. Then there’s the location, adjacent to all that’s on offer at Heatherdale Reserve. You’re within walking distance of Heatherdale Train Station and local buses, and the popular Rangeview Primary School to which you are zoned. You’re also near Eastlink, and a variety of shopping precincts including Eastland, Westfield Knox, and Brentford Square.
Homes of this ilk are always in demand, so express your interest now to avoid disappointment.
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Michael Hill, LOCI Wantirna — reproduced as published, not verified by Districts.
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