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 › Hay St
3
Bedrooms
1
Bathrooms
2
Car spaces
861 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
No recorded sale price for this property yet.
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.
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 CE Property Group Birdwood** Price Guide - $640,000 to $690,000
Nestled in a tree lined street, this property will attract a lot of interested buyers who are looking to secure a family home in a very desirable location.
POSITION: A quiet little back street where the children can still get out and play on the streets or at the reserve/play ground which is located at the end of the street. Keep fit and play tennis at the local Denman Tennis Club or join one of the many gymnasiums /Health clubs in the area. Public transport options include the Torrens Park Railway Station and the Belair Rd and East Parkway Bus routes. Nearby schools include Scotch College, Mercedes College, Colonel Light Gardens Primary, St Therese Primary, Mitcham Girls High, Unley High, Urbrae and Flinders University just to name a few.
LAND: 861.7m2 An ideal size allotment. There are an abundance of fruit trees on this allotment from several varieties of guava, peach, plum, apricot, apple, pear and citrus plus a loquat, mulberry and a variety of mainly seedless grapes and a passion fruit vine. Rock wall garden beds in the rear yard have previously been used for growing vegetables. There is still plenty of space for children and pets to play in either the front or rear gardens. A concrete driveway on the eastern side of the home leads up to the carport which adjoins the home and then onto the garage. A wide, slate path leads from the front fence to the front door and then connect with the driveway.
RESIDENCE: Approximately 13sq. Double brick construction with a tiled roof. Three bedrooms all with built in robes and two have reverse cycle split systems installed for year around comfort. The main bedroom has a bay window that faces south along with the formal lounge room which also has a large bay window and a wall reverse cycle air conditioner. The kitchen has undergone a recent refurbishment and comprises of a new oven and a gas cooktop. The bathroom is centrally located and features the original terrazzo floor, shower, deep bath and a pedestal hand basin. The toilet adjoins the bathroom and links up to the laundry. The rear verandah connects the rest of the home together including bedroom two and three, the large store room and the huge family/rumpus room. A wall of windows to the north not only allow for the warmth of the winter sun in but you can watch the children play out in the garden.
IMPROVEMENTS: Single carport adjoining the home and a single car garage at the end of the driveway. 2x rainwater tanks. Solar hot water.
SUMMARY: Don't miss this opportunity to secure a property in a premier location. Close to all amenities and services. Please call Ali Burdett on 0428 972 870 for further information. *** NOTE: Expressions of Interest close 5pm on Friday 5th May 2017 (unless sold beforehand).
Listing description written by CE Property Group, CE Property Group Birdwood — reproduced as published, not verified by Districts.