Westbourne Park at a glance
2,569
People
$2,675,000
Median sale
$580/wk
Median rent
1.13%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
SA › Westbourne Park › Grange Rd
$680,500
Last sold
22 Oct 2016
3
Bedrooms
2
Bathrooms
2
Car spaces
803 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
$680,500
22 Oct 2016 · derived via latest_sale
Local land rate: recorded House sales in Westbourne Park (last 5 years) with land size have a median of $2,103/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Westbourne Park at a glance
2,569
People
$2,675,000
Median sale
$580/wk
Median rent
1.13%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Westbourne Park
-74.6%
Median sale
Suburb $2,675,000
+3.30 pp
Gross yield
Suburb 1.13%
Suburb median $2,675,000 from 6 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
Westbourne Park at a glance
2,569
People
$2,675,000
Median sale
$580/wk
Median rent
1.13%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownWith a recent top-to-toe restoration and some clever conversions, this 1950s family home is move-in ready and the prettiest picture, inside and out.
Dressed in Mt Gambier Limestone, the classic front façade is a worthy introduction to an interior headlined by the flawless white walls, polished Baltic pine floors and decorative ceilings that make it all feel brand spanking new, without losing any of that original charm.
While the spacious, light-filled lounge/dining room best typifies the style and space at your disposal, it's the conversions of bedroom three and the original garage that make it a bonafide family-pleaser...
Now you have two retreats, each to be configured to your current requirements - make one the perfect bedroom with enough room for a couch or TV, and the other a home office that will bask in the convenience of private external access to the masterfully built alfresco pavilion of the rear yard.
And that's just the beginning...
- Upgraded kitchen with brand new induction Smeg oven and cooktop
- Spacious master bedroom with its own ensuite
- Brand new carpets throughout
- Ducted evaporative cooling throughout, gas heating and split R/C
- 1.5KW solar system with 10 panels and a current tariff of 58 cents - huge annual savings on power bills
- Double carport
- Down lighting and period cornicing to pavilion
- 20000litre rainwater tank (pumped to main home) and garden shed to beautifully landscaped rear gardens
- A range of fruit trees to rear garden - including avocado, grapefruit, fig, lemon and more
- Fully alarmed
And a location to match...
Picture Saturday morning walks to the cafes and shops of Goodwood Road and Mitcham Square shopping precinct. And it all sits on the doorstep of quality schools, including Westbourne Park Primary, Colonel Light Gardens Primary and more. Welcome to Westbourne Park.
Specifications:
CT / 5098/982
Council / City of Mitcham
Zoning / R(CP)'9
Built / 1954
Land / 803m2
Internal / 166m2
Frontage / 18.59m
Council Rates / $1,803.16pa
SA Water / $226pq
ES Levy / $348.75pa
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice. Should this property be scheduled for auction the vendor's statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by Phil Harris, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.