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 › Price Ave
$930,000
Last sold
12 Oct 2019
3
Bedrooms
1
Bathrooms
1
Car spaces
1,361 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
12 Oct 2019 · 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
-41.4%
Median sale
Suburb $1,587,500
+1.40 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
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
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 OCAUCTION Sat 12 Oct at 10am (usp)
Situated on an expansive allotment of 1,361 square metres (approximately) with a 24.38m frontage, this sandstone fronted character home offers endless opportunities including the potential to extend and enhance with space for a North-South tennis court, re-develop and sub-divide to create additional dwellings or demolish and build a new residence befitting of its enviable lifestyle setting (all subject to necessary Council Consent). With retained period features including lofty ceilings, leadlight, polished timber floorboards and exquisite fireplaces, the traditional floorplan flows effortlessly through the wide entrance hall to three generous bedrooms and formal lounge with ornate fireplaces, original kitchen and bathroom on sprawling grounds.
Set behind an established hedge and conveniently located near Mitcham Square shopping centre and close to the attractions of both Unley and Goodwood Roads including shopping, cafes and eateries. Public transport links nearby for easy CBD access and an abundance of quality schooling options including zoned to Colonel Light Gardens Primary, Springbank Secondary College and nearby Mitcham Primary, Mitcham Girls High School, Unley High School and Westbourne Park Primary.
- Rare and exciting opportunity with endless possibilities in premium lifestyle locale
- 1,361 square metre allotment (approximately) with potential for re-development and sub-division (STCC)
- Character residence with four main rooms, scope to further enhance (STCC)
- Title dimensions: 24.38m frontage to Price Avenue, 52.81m Northern boundary, 58.67m Southern boundary, 25.09m rear boundary
- Family living area located at the front of the property with feature fireplace
- Three generous bedrooms with ornate fireplaces, all serviced by main bathroom featuring shower over claw foot bath, vanity and separate toilet
- Original kitchen with cooktop and oven
- Separate laundry with external access
- Other features include polished timber flooring, lofty ceilings, garage/workshop, NBN connection, gas hot water system and more
Council: City of Mitcham
Zoning: Residential (Central Plains) Policy Area 8
Land: 1361sqm approximately.
Frontage: 24.38m
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 286513
Listing description written by James Robertson, OC — reproduced as published, not verified by Districts.