Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
SA › Mitchell Park › Raggatt Cres
3
Bedrooms
1
Bathrooms
3
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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.
Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 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 $573/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
Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GlenelgLocated within the desirable suburb of Mitchell Park, this property epitomises the renovator's dream while also offering an abundance of redevelopment potential on a substantial 706 square metre block (approx) with subdivision approval already obtained from the City of Marion Council. Enviably located near the beach, city centre, shopping precincts, and quality schools, it's a haven for those seeking both convenience and lifestyle appeal.
Upon entering, you're greeted by a spacious open-plan living and dining area, providing a versatile backdrop for modern living and entertaining. Bathed in natural light, this inviting space offers endless possibilities for customisation, allowing you to tailor it to your individual taste and lifestyle requirements.
The generously proportioned kitchen boasts ample room and storage space, catering to the needs of culinary enthusiasts and busy households alike. This well-appointed kitchen serves as the perfect hub for culinary creativity.
With three large bedrooms, each offering their own spacious retreat, the home ensures ample accommodation for family living or hosting guests. Serviced by the main bathroom, which features a separate shower and bathtub, every aspect of comfort and convenience is thoughtfully provided for.
Stepping outside, the rear yard beckons with its expansive grassed space, ideal for outdoor activities and leisure pursuits. A large undercover entertaining area sets the stage for alfresco dining and relaxation, while a sizable shed and double garage offer additional storage and utility options.
Beyond its current features, the property's true potential shines through in its scope for renovation or complete rebuild, subject to council approval. Whether you're inclined to refurbish the existing home or embark on a new construction project, the possibilities are limited only by your imagination.
Location serves as the ultimate highlight, with Westfield Marion nearby for all your shopping needs, while Flinders University and Medical Centre are just a short drive away. Convenient access to Mitchell Park Railway station ensures effortless commuting into the CBD, while families will appreciate the proximity to prestigious schools such as Westminster School, Sacred Heart College, and Immanuel College.
In summary, this property in Mitchell Park offers a rare opportunity to create your dream home (STCC) in a coveted location, combining lifestyle convenience with untapped potential. Whether you're a savvy investor or homeowner with a vision for transformation, seize the chance to make your mark on this prime piece of real estate.
What we Love:
• Redevelopment approval already obtained from the City of Marion Council
• Located in sought-after Mitchell Park suburb
• Spacious 706sqm (approx) block
• Large open-plan living and dining area
• Well-appointed kitchen with ample room and storage space
• Three large bedrooms, each offering spacious retreat
• Main bathroom with separate shower and bathtub
• Rear yard with plenty of grassed space
• Large undercover entertaining area
• Sizable shed for additional storage
• Double garage for convenient parking
• Ideal canvas for renovation or complete rebuild
• Close to Westfield Marion for shopping needs
• Short drive to Flinders University and Medical Centre
• Nearby Mitchell Park Railway station for CBD access
• Proximity to prestigious schools like Westminster, Sacred Heart, and Immanuel College
Auction: Sunday, 26th May 2024 at 2.00pm (USP)
Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.
The vendor's statement may be inspected at 742 Anzac Highway, Glenelg, SA 5045 for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.
Listing description written by Wayne Tuong, Ray White Glenelg — reproduced as published, not verified by Districts.