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 › Ford Ave
$1,875,000
Last sold
10 Nov 2020
4
Bedrooms
3
Bathrooms
4
Car spaces
910 m²
Land
324 m²
Building
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
$1,875,000
10 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Torrens Park (last 5 years) with land size have a median of $1,839/m² of land (n=52). 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
-16.5%
Median sale
Suburb $2,245,000
+0.28 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 Smallacombe Real Estate MitchamBoasting stylish appointments and generous light-filled proportions with views to the suburbs and sea, a superbly designed and built family home on a wide deep allotment represents quality, grace and style.
The sense of 'arrival' is immediately evident accessing through automated gates into a secure court with tiered garden and exquisite water feature ~ you're in your own domain.
Alternatively, access the home from the double garage with direct entry into a huge open plan living room, dining and kitchen, bursting with natural light.
Throughout the floorplan the proportion of the home is evident with design and building quality executed without the usual fiscal constraints.
The home maximises the use of natural light and offers a free-flowing and expansive floorplan with generous open plan living that seamlessly integrates the substantial lifestyle features.
Dramatic, full length windows from a magnificently proportioned kitchen, dining, living room provide an uninterrupted outlook to the sumptuous outdoor entertaining facilities.
Large sliding door access extends the living to alfresco dining, boasting well appointed gourmet barbecue facilities and adjacent enclosed heated swimming pool with tasteful glass barrier.
Scotch & Mercedes Colleges are nearby as are superb public schooling options, ideal for the growing or established family and a short drive to Mitcham Shopping Centre and public transport links.
Special features include;
* Clever design uses space brilliantly
* Spacious throughout ~ an abundance of cupboard space
* Superb kitchen with Miele appliances
* Magnificent timber flooring
* Excellent Wine Cellar easily accessed from living room
* Double lock-up garage with storage and direct access to inside
* Ducted reverse-cycle air conditioning (large capacity unit)
* Down-lights throughout provide mood & atmosphere
* Perfectly positioned to access city, sea & the hills
* Beautifully landscaped garden
* Sublime views of the sunset upstairs
* Beautiful paved and timber decked pool area with glass barrier fencing
* Secure and private
* Positioned in one of Adelaide's most family-friendly suburbs
** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others' health. If you or others that you may have been in contact with, have returned from any interstate or overseas destination within the last 14 days or you are displaying any flu like symptoms please do not attend property viewings. **
Council: City of Mitcham
Council Rates: $4,462.80 per annum
SA Water: $377.23 per quarter
ESL: $321.20 per annum
Land Size: 918sqm (approx)
Year Built: 2008
Zoning: Residential (CP)PA8.
Listing description written by Bruce Farrow, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.