Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
SA › Lower Mitcham › Denman Tce
$912,000
Last sold
6 Mar 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
790 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
$912,000
6 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Lower Mitcham (last 5 years) with land size have a median of $2,156/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Lower Mitcham
-42.6%
Median sale
Suburb $1,587,500
+1.46 pp
Gross yield
Suburb 1.98%
Suburb median $1,587,500 from 10 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
UnknownArea
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smallacombe Real Estate MitchamCLASSIC STONE FRONTED CHARACTER BUNGALOW WITH HUGE POTENTIAL
** UPDATED AUCTION DETAILS: Saturday 6th March @ 10:00am (NB: under the Vendor's instructions this property will be going to Auction & not sold prior) **
This sandstone fronted bungalow is ready for a new chapter. Perfectly located in the heart of Lower Mitcham, in a pretty tree lined street, surrounded by quality homes.
Set on a generous block of 790sqm (approx.), it offers a brilliant opportunity to invest in your future. Ripe for a renovation, an extension, or you have an option to re-build (subject to necessary consents), but perfectly comfortable to live in or rent out while you decide!
Full of wonderful character features and offering;
* Wide central hallway with timber fretwork and polished floors
* Spacious lounge & dining with glazed brick fireplace, reverse cycle air conditioning, warm timber floors and a servery to the kitchen
* 2 double bedrooms ~ main also with a feature fireplace and both with polished floors
* Sunroom ~ ideal as a 3rd bedroom/study
* Neat kitchen and bathroom, separate laundry and toilet
* High ornate ceilings throughout
* Fabulous back yard with plenty of scope to extend (subject to Council consents) and to add your own improvements
* Large garage (with power), fruit trees and veggie gardens
Easy access to lovely local parks and cafes ~ including Bond & Lane Canteen and Local Crowd, and Denman Tennis Courts are just at the end of the street. So accessible to the city and to Mitcham Square shops and cinemas. Walk to local bus and the train. A range of excellent schools are all so close by.
Don't miss this wonderful opportunity.
** 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: $1,725.60 per annum
SA Water: $187.48 per quarter
ESL: $154.85 per annum
Land Size: 790sqm (approx.)
Year Built: 1920
Zoning: Residential (CP) PA8
Listing description written by Janet Hansen-Smith, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.
Nearby 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.