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VIC › Mitcham › Nara Rd

15 Nara Rd, Mitcham VIC 3132

House

$950,000

Last sold

7 May 2018

3

Bedrooms

2

Bathrooms

1

Car spaces

654 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 $950,000 (7 May 2018).(Recorded sale)
  • FactLand 654 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mitcham (last 5 years) with land size: median $1,600/m² of land (n=15). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$950,000

7 May 2018 · derived via latest_sale

Local land rate: recorded House sales in Mitcham (last 5 years) with land size have a median of $1,600/m² of land (n=15). 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

+5.1%

Median sale

Suburb $904,000

-0.16 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$950,0007 May 2018
  2. Listedprice unknowncompleted19 Feb 2018
  3. Listedprice unknowncompleted19 Feb 2018

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?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Nara Rd →

Listing material

Listed by Jellis Craig Mitcham

Bushland Bliss In Your Own Backyard

Nestled discreetly in greenbelt surrounds, this bespoke, split level home will command your attention for all the right reasons. Built by the current owners in the early 1970s, the residence maintains distinctive features of the era that are still pertinent in many of todays designs.

High vaulted ceilings with timber beams, expanses of exposed brick, cool slate flooring and stunning green vistas will catch your eye from your elevated entry point, urging you forward to explore the striking home further.

Accommodation comprises three robed bedrooms and two bathrooms, including a master with an ensuite. These are zoned together and allow privacy from the central hub of the home.

Read the full description

A fully renovated galley style kitchen is well-equipped with a Miele induction cooktop, an oversized pyrolytic underbench oven and a stainless-steel dishwasher, whilst stone benchtops combine with attractive cabinetry to complement the home's aesthetic and provide ample storage space throughout.

Dual living and dining areas feature floor to ceiling windows and huge sliding doors that open to create the seamless melding of indoor/outdoor living zones that is so heavily desired in the current marketplace. The beauty of Schwerkolt Cottage Reserve makes a picturesque backdrop whilst enjoying time relaxing or entertaining under your garden arbour, or on the paved alfresco where a built-in misting system will refresh you on warm days. Alternatively, there is an open-air deck that boasts an inground spa tub; imagine the tranquillity of nights spent here, in majestic surrounds under the stars.

A long list of extras will continue to impress. There is gas heating, an open fireplace, air-conditioning, ceiling fans, double glazed windows, solar panels, a water tank, gas plumbing for BBQ, two secure storage rooms, an oversized single carport and additional off-street parking.

In a pocket that is highly sought for its desirable amenities and its bushland feel, youll enjoy the proximity to Antonio Park Primary and other quality schools, local transport including buses with rail links, Heatherdale or Mitcham train stations and a variety of parklands and reserves such as Yarran Dheran Nature Reserve, the Eastlink Trail/bike track plus the Mullum Mullum Creek. You are also close to Eastlink and the recently renovated Eastland shopping centre.

If youre seeking a life less ordinary, an inspection of this unique property is a must; you wont be disappointed.

Listing description written by Matthew Scafidi, Jellis Craig Mitcham — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Outside Spa
  • Solar Panels
  • Water Tank
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.