Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
$930,000
Last sold
13 Sept 2019
3
Bedrooms
2
Bathrooms
2
Car spaces
465 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
$930,000
13 Sept 2019 · derived via latest_sale
Local land rate: recorded House sales in Mitcham (last 5 years) with land size have a median of $2,113/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Mitcham
-37.9%
Median sale
Suburb $1,497,500
+1.28 pp
Gross yield
Suburb 2.10%
Suburb median $1,497,500 from 18 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
Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCSet in a whisper quiet no-through street, this striking, freestanding Torrens Titled courtyard residence is sure to impress. Built in 2017 & conveniently positioned off Welbourne Street, walk to bus, Mitcham Village, Scotch & Mercedes College, The Ed & down Princes Road to popular Mitcham Shopping Centre, including Wallis Cinemas.
From the moment you arrive, there is an instant feeling that this location offers so much more than convenience – a hills outlook from the front & perfect northern orientation to the rear.
The wide driveway would accommodate 3 guest vehicles & there is easy access into the double garage from the auto panel-lift door, inviting direct access into the home. Step inside to the stylish contemporary interior – all white wall décor, charcoal-toned carpet in all bedrooms, honey-toned engineered oak floors & white plantation shutters.
Comprising 3 double bedrooms. The master bedroom offers a 2-person walk-in robe, providing good hanging space & overhead storage. There is a sparkling en-suite bathroom, decorated with large polished white wall tiles & a feature wall of modern grey semi-polished stone tiles, frameless-glass panel to the shower, rainforest shower head, wide floating vanity, toilet & heated lighting. Bedrooms 2 & 3 are also fitted with quality mirrored sliding robes. The main bathroom is central to the home & decorated with the same stylish décor as that in the en-suite.
There is a good size laundry providing a door opening to the eastern side of the home where the tilt-up clothesline is positioned.
Cook up a storm & entertain in style with the gourmet family size kitchen. The well designed kitchen provides a wide island bench/4-person breakfast bar (polished stone benchtop), double sink, practical & stylish tiled splashback, stainless steel Smeg appliances including gas cooktop, electric under-bench oven, integrated Haefle dishwasher & water filter. There is a sensational Butler's pantry offering an extra-wide caesarstone preparation bench, a good number of open shelves & cupboards.The superb kitchen adjoins spacious, open plan dining & living areas, featuring commercial grade aluminium sliding doors, opening to all-weather covered & tiled floor entertaining. There is a neat lawn area, complete with automated irrigation system (servicing front & rear lawns), established garden beds & stormwater retention tank.
Note: Long settlement available (enquire through Agent).
OUWENS CASSERLY - MAKE IT HAPPEN™
Listing description written by Cynthia Sajkunovic, OC — reproduced as published, not verified by Districts.