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 › Grange Rd
$727,500
Last sold
17 Nov 2018
4
Bedrooms
2
Bathrooms
6
Car spaces
700 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
$727,500
17 Nov 2018 · 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
-54.2%
Median sale
Suburb $1,587,500
+2.34 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
UnknownArea
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 Harris Real Estate Daw ParkHeld in the one family for almost 40 years this versatile four bedroom plus study, two bathroom Bungalow with open plan kitchen/family room extension has been freshly painted and is ready for a new family. Set on a 700m block with side driveway leading to the massive double garage/ workshop this home has all your storage needs catered for. The front yard with its established hedge screening is a beautiful sanctuary and sets the scene for the versatile home that is lies beyond.
11 Grange Road, Lower Mitcham couldn't be more conveniently located, with trains and buses a few minutes' walk, shopping, cinema's, parks, libraries and school only a 5-15 minute walk and the CBD, Glenelg Beach, and Flinders University and Hospital precinct all only a 10-15 minute drive.
With petrol prices at record highs, it seems being close to public transport and walking distance to all these amenities is more and more crucial for growing families.
All the comforts such as ducted evaporative cooling and ducted gas heating have been taken care of, so your year-round comfort is assured. The Baltic pine floorboards flow seamlessly throughout the original front section of the home and are perfectly matched with the cedar architraves, window frames and ornate ceilings roses.
With the light and bright home office at the front of the home capturing the northern sun, starting work looking over the gardens will always be a great way to start the day. A large front bedroom with generous built in robes is directly adjacent whilst across the hall is the separate front lounge or fourth bedroom depending on your needs featuring the open fire place, leadlight windows and ceiling fan.
The central dining or lounge is superb, featuring another open fireplace, sash windows as well as ceiling fan. Moving through the home to the extended open plan kitchen family room and a further two large bedrooms, spacious laundry and family bathroom with bath and shower provide ample space and versatile floor plan depending on your needs.
The Tasmanian Oak timber kitchen boasts dishwasher, double sink, electric stove and double wall oven. This light filled family room that overlooks the backyard has slate and carpet flooring and ceiling fan.
The backyard features the huge double garage (9x6mts) with powered and divided workshop. There is a stylish bull nose veranda at the side and rear of the garage that allows a beautiful space to sit and enjoy the birdlife from the gums and peppercorn trees that grace this tranquil backyard. There are additional alfresco areas as well as garden sheds that all create so many spaces to relax and enjoy your little piece of paradise.
A fully monitorable security system takes care of your security needs, so all you need do is move in and enjoy all that this location has to offer.
Lower Mitcham is the perfect location close to quality schools such as Scotch, Mercedes, Cabra, Walford and Concordia Colleges as well as Unley High School, Westbourne Park Primary, Colonel Light Gardens and Mitcham Primary. Local shopping precincts such Mitcham Village with Wallis Cinemas are a short distance away, with Cosmopolitan local cafes such as The Pantry, Bond and Lane, The Local Crowd and of course Caf Fifty3 are also all in walking distance.
If you fancy a walk in the country, a few-minutes drive will get you to Mitcham reserve and Brown Hill Creek where you can lose yourself overlooking the rolling hills or pop into Carrick Hill for an English country experience. Conveniently spaced between Adelaide and both Flinders University and the Flinders Medical precinct, but still close to our gorgeous beaches and our local airport, this location is absolutely perfect.
Please Call Simon Tanner 0402 29 27 25 with any questions.
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the offices of Tanner real estate for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Specifications:
CT / 5082/107
Council / City of Mitcham
Zoning / Residential (central plains)/policy area/8
Built / 1925
Land / 700m2 (Approx.)
Council Rates / $1,718.18 p.a.
ES Levy / $353 p.a.
S.A. Water / $74.45 p.q.
Sewer / $114.85 p.q.
Features
•Air Conditioning
•Built-In Wardrobes
•Close to Schools
•Close to Shops
•Close to Transport
•Fireplace(s)
•Security Alarm
•Garden
•Secure Parking
•Polished Timber Floor
•Formal Lounge
•Separate Dining
Listing description written by Simon Tanner, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.
Nearby 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.