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SA › Lower Mitcham › Fraser St

12 Fraser St, Lower Mitcham SA 5062

House

$2,025,000

Last sold

28 Feb 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

727 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,025,000 (28 Feb 2026).(Recorded sale)
  • FactLand 727 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lower Mitcham (last 5 years) with land size: median $2,097/m² of land (n=44). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Established Neighbourhood (EN) under the Planning and Design Code.(Location SA · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,025,000

28 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Lower Mitcham (last 5 years) with land size have a median of $2,097/m² of land (n=44). 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.

See the full Lower Mitcham report →

Vs Lower Mitcham

+27.6%

Median sale

Suburb $1,587,500

-0.43 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 and development

Planning scheme

Planning and Design Code

Zone

Established Neighbourhood

EN

Jurisdiction

Mitcham

Mitcham, SA

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 0803147006

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknowncompleted4 Mar 2026
  2. Listedprice unknowncompleted4 Mar 2026
  3. Sold$2,025,00028 Feb 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Confidence: low

Zoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 728 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownlow

    Zoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 728 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 728 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lower Mitcham in one glance

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.

See the full Lower Mitcham report →

Keep researching

  • Why Lower Mitcham? Read the area thesis →
  • What else is on the market in Lower Mitcham →
  • Other records on Fraser St →

Listing material

Listed by Harris Real Estate Glenelg

A classic C1940 residence meets modern family living with a big, welcoming heart…

Beautifully refreshed for contemporary living while honouring its classic conventional roots, this much-loved home has been cherished by the same family for seven remarkable decades.

Quietly located just moments from the everyday convenience of Mitcham Square, relaxed pub meals at the Edinburgh Hotel and the city-bound trainline, the lifestyle here is as abundant as the home itself.

Families are perfectly placed for prized zoning to Colonel Light Gardens Primary and Unley High, alongside premier private options including Scotch College and Mercedes College – a prized location that truly grows with you.

Read the full description

The flexible and generous footprint reveals four bedrooms plus a dedicated study zone, with the master enjoying its own walk-in robe and ensuite. Formal sitting and dining rooms preserve the elegance of the era, offering beautiful spaces for entertaining or quiet retreat, all framed by timber floors and classic windows that invite a wealth of natural light.

Extended in solid brick, the contemporary heart of the home is a radiant kitchen that's a real pleasure to cook in, host from, and gather around. Sleek waterfall benchtops pair with quality Bosch appliances, while bifold doors frame lush garden outlooks to elevate everyday living.

Outdoors, the gorgeous grounds feel both curated and calming, with established gardens enhancing the home's crisp, thoughtful refresh. The Kauri hardwood deck is an expert entertainer yet an equally tranquil escape – perfect for slow weekends, long lunches, or quiet moments listening to the ever-present birdsong, as native species drift in from nearby Brownhill Creek.

Solid, soulful and instantly inviting, this is a residence where warmth, history and modern comfort come together as one…

Even more to love:

• Builder-owned, same family for over 70 years

• Walk-in robe & ensuite to master

• Modern main bathroom with deep, family-friendly bath

• Bosch dual ovens, gas cooktop & semi-integrated dishwasher

• Solid brick construction & timber flooring

• Rear access to powered shed/workshop, plus ample off-street parking behind secure gates

• Ducted evaporative cooling, split system R/C air conditioning, gas heater & wood-burning fireplace

• Updated gas HWS

• Footsteps from bus stop, city-bound train line & Mitcham Square

• Zoned to popular Colonel Light Gardens Primary & Unley High

• Proximity to Scotch, Mercedes, Walford, Concordia College & many more…

A tightly held family home in a spectacular location, ready for its next chapter...

Specifications:

CT / 5461/724

Council / Mitcham

Zoning / SN

Built / 1940

Land / 727m2 (approx)

Frontage / 17.53m

Council Rates / $3,235.40pa

Emergency Services Levy / $107.80pa

SA Water / $296.18pq

Estimated rental assessment $850 - $930per week/ Written rental assessment can be provided upon request

Nearby Schools / Colonel Light Gardens P.S, Clapham P.S, Westbourne Park P.S, Mitcham P.S, Edwardstown P.S, Unley H.S, Mitcham Girls H.S, Springbank Secondary College, Urrbrae Agricultural H.S, Hamilton Secondary College

Disclaimer: 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 and financial 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. RLA | 333839

Listing description written by Dave & Sarah Smith, Harris Real Estate Glenelg — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Shed
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.