Clarence Gardens at a glance
2,370
People
$1,482,500
Median sale
$580/wk
Median rent
2.03%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
SA › Clarence Gardens › Wainwright St
$860,000
Last sold
5 Feb 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
678 m²
Land
261 m²
Building
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
$860,000
5 Feb 2022 · derived via latest_sale
Local land rate: recorded House sales in Clarence Gardens (last 5 years) with land size have a median of $1,827/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Clarence Gardens at a glance
2,370
People
$1,482,500
Median sale
$580/wk
Median rent
2.03%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Clarence Gardens
-42.0%
Median sale
Suburb $1,482,500
+1.48 pp
Gross yield
Suburb 2.03%
Suburb median $1,482,500 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 $580/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
Clarence Gardens at a glance
2,370
People
$1,482,500
Median sale
$580/wk
Median rent
2.03%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCContracted at Auction
If you see nothing more than a humble 1950s 3-bedroom home, you are merely scratching the surface of a property with the priceless value that comes with potential. All 678sqm of it in a family-conscious suburb that grows in reputation by the day. The existing solid brick home is comfy and accommodating in its current state, giving you the luxury of time to reside in or rent out as you plot your next move. Does it involve opening up and extending the existing footprint or is this the perfect blank canvas for something brand new (STCC)?
Whatever you do, it is an exciting proposition to settle on a leafy street that stands just metres from AA Bailey Reserve and minutes walk to train, tram or bus. This affords you another means to reach with ease the schools and shopping options that come with the territory. What do you see now?
• Stylishly updated kitchen with dishwasher and partnering casual meals zone
• Large, light-filled bedrooms - including ceiling fans, master with built-in robes
• High ceilings and polished timber floorboards to main lounge zone and bedrooms
• Large alfresco pavilion to rear yard
• Rear lobby room could be a study
• Air conditioning provisions
• Solid brick construction from front to back
• Separate laundry and second toilet
• Easy-care gardens with large lawned area to rear
• Garden/tool shed
• Double carport and large lock-up shed
• Close to a range of quality schools, including Cabra Dominican College, Unley High (zoned), Edwardstown Primary
• Moments from Castle Plaza and Mitcham Square shopping precincts
• Just ten minutes from the CBD and fifteen from the metro coast
CT Reference - 5238/746
Council - City of Mitcham
Council Rates - $1,599.60 pa approx.
SA Water Rates - $177.82 pq approx.
Emergency Services Levy - $146.95 pa approx.
Land Size - 678m² approx.
Year Built - 1950
Total Build area - 261m² approx.
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Register through www.gavl.com and follow the property link below:
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OUWENS CASSERLY – MAKE IT HAPPEN™
RLA - 286 513
Listing description written by Daniel Richardson, OC — reproduced as published, not verified by Districts.