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VIC › Mitcham › Ian Cres

13 Ian Cres, Mitcham VIC 3132

House

$1,508,800

Last sold

19 Mar 2022

7

Bedrooms

3

Bathrooms

6

Car spaces

943 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 $1,508,800 (19 Mar 2022).(Recorded sale)
  • FactLand 943 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mitcham (last 5 years) with land size: median $1,638/m² of land (n=14). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 (NRZ3) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)
  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$1,508,800

19 Mar 2022 · derived via latest_sale

Local land rate: recorded House sales in Mitcham (last 5 years) with land size have a median of $1,638/m² of land (n=14). Districts calculation from recorded sales — not a valuation.

Mitcham at a glance

17,531

People

$904,000

Median sale

$581/wk

Median rent

3.34%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Mitcham report →

Vs Mitcham

+66.9%

Median sale

Suburb $904,000

-1.34 pp

Gross yield

Suburb 3.34%

Suburb median $904,000 from 6 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3

NRZ3

Jurisdiction

Whitehorse

Whitehorse, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 1483333

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. Sold$1,508,80019 Mar 2022
  2. Listedprice unknowncompleted22 Feb 2022
  3. Listedprice unknowncompleted22 Feb 2022

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

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 953 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.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 953 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $581/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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

    Knownmedium

    Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 953 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

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • 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?

    Knownlow

    Official parcel about 953 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • 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

Mitcham in one glance

Mitcham at a glance

17,531

People

$904,000

Median sale

$581/wk

Median rent

3.34%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Mitcham report →

Keep researching

  • Why Mitcham? Read the area thesis →
  • What else is on the market in Mitcham →
  • Other records on Ian Cres →

Listing material

Listed by RT Edgar Boroondara

Extraordinary space for large family living in a tranquil suburban position

Peacefully positioned on a quiet tree-lined street, this mid-century home delivers tremendous family space for larger or extended families over an enormous 943m2 (approx.) allotment. Paces from Simpson Park’s leafy walking trails and off-leash dog areas, the home enjoys easy suburban convenience, positioned among leading schools, Eastland shopping centre, Mitcham train station, and the Eastlink arterial.

A large lounge and dining room hosts family and friends over gleaming hardwood floors, bathed in northerly sunshine by day, and the glow of an open fire at night. At the heart of the home, the substantial family room provides air-conditioned comfort for everyday relaxation or daily meals, catered to by a fully appointed kitchen with extensive timber cabinetry, a study nook, and a second cooktop in the adjoining laundry. The sprawling gardens are an idyllic environment for family sport and rambunctious kids’ play, enriching barbecue entertaining and indoor-outdoor enjoyment.

Four robed bedrooms provide soothing space for rest and retreat, complemented by two modern bathrooms, while a fifth bedroom offers flexibility as an office for home-based work. A self-contained basement unit with independent entry offers private accommodation for guests or extended family, comprising a spacious living and dining domain, a contemporary kitchen, two bedrooms, and a bathroom with laundry facilities.

Read the full description

Finished by a double garage, a carport, and plenty of off-street parking, the home offers immediate comfort alongside exciting possibilities, tempting a lavish renovation, an extravagant new-home design, or a luxury townhouse development (subject to council approval).

Listing description written by Annabelle Feng, RT Edgar Boroondara — reproduced as published, not verified by Districts.

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.