Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Torrens Park › Lochness Ave
$1,200,000
Last sold
19 Aug 2020
3
Bedrooms
1
Bathrooms
5
Car spaces
1,115 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
$1,200,000
19 Aug 2020 · derived via latest_sale
Local land rate: recorded House sales in Torrens Park (last 5 years) with land size have a median of $1,846/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Torrens Park
-46.5%
Median sale
Suburb $2,245,000
+1.22 pp
Gross yield
Suburb 1.40%
Suburb median $2,245,000 from 12 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
Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Daw ParkOn approximately 1115m² with 21.3m frontage the potential here is sensational. With the all important north south orientation to capture the sun in winter and create the shade in summer, and on what has been voted in the top ten streets of South Australia, the location here in Torrens Park doesn't get better.
This solid brick north facing home offering 3-4 bedrooms and lovely kitchen and sun filled family room has been cherished and loved by one family for over 53 years and this once in a lifetime opportunity won't last long. Put simply, shares will come and go, companies will rise and fall, but land is a limited commodity, we just can't create anymore: so when a parcel like this comes on the market, an opportunity to buy land of this size and in this prime location, you really don't want to pass it up.
The garden is huge and an absolute delight with an orchard of fruit trees, stunning established garden beds and stone retaining walls, outdoor fire place, entertaining area and separate studio or kids cubby.
Why do we love Torrens Park? Is it the leafy green streets, the character homes, the creeks and cute bridges? Is it the proximity to exceptional schools such as Scotch College (two minute walk), Mercedes College, Mitcham Primary School, Unley High and Mitcham Girls High? Is it the easy access to Mitcham Shopping Village with Wallace Cinema's, Foodland and the many boutique shops. Or is it the options for some of Adelaide's best pubs and restaurants, with The Edinburgh, The Torrens Arms, Stamps and Lenzerheide all within walking distance?
It's all these things and so much more. Torrens Park is under 8km to the CBD, Flinders Hospital and University precinct and only a 10-15 minute drive to the Adelaide International Airport and our beautiful Brighton Beach for summer walks. From Torrens Park you head up to Belair and Blackwood to the national park or step outside your front door and walk around the corner to Brownhill Creek and enjoy hours of exploring this incredible area where koalas, sheep, cattle, kangaroos and dear are all discovered and bring a fullness to your daily life that has to experienced to be understood. Just ask the locals, we all love it.
Whether your raising a family, retiring or starting out, Adelaide doesn't get much better than Torrens Park, and at 12 Lochness Avenue, you move in and enjoy the current home, or you can make your plans and build a dream home in what we know is a dream location.
It's our great pleasure to bring 12 Lochness Avenue, Torrens Park to the market and please feel free to call Simon Tanner with any questions. We can't wait to show you through.
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 advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the offices of Tanner real estate for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Specifications:
CT / 5722/5
Council / City of Mitcham
Zoning / R(CP) Policy Area 8
Land / 1,115sqm (approx)
Built / 1950
Listing description written by Simon Tanner, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.