Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Millswood › Millswood Cres
$900,000
Last sold
7 Dec 2015
5
Bedrooms
2
Bathrooms
6
Car spaces
1,008 m²
Land
195.4 m²
Building
Districts View
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
$900,000
7 Dec 2015 · derived via latest_sale
Local land rate: recorded House sales in Millswood (last 5 years) with land size have a median of $2,434/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Millswood
-57.9%
Median sale
Suburb $2,140,000
+1.82 pp
Gross yield
Suburb 1.33%
Suburb median $2,140,000 from 8 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 $546/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
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Klemich Real Estate Kent TownCharacter Bungalow (circa 1925) is ideally located on a large allotment of approximately 1,008sqm on a quiet, tree lined street with a park next door. With a wide sweeping verandah and glorious pine flooring, the classic features of the era include high ceilings, fireplaces and light filled spacious rooms of generous proportions. There are five bedrooms with ceiling fans, main with dressing room with built in robes and nearby ensuite. The formal lounge has a an open fireplace. The home has been extended to the rear and features an open plan kitchen and dining room with French doors leading to the north facing rear garden. This is the heart of the home and is flooded with natural light and has a Jetmaster open fireplace. The kitchen has ample storage and food preparation areas and has a Miele dishwasher, gas stove and oven. The conveniently located main bathroom is adjacent to the bedrooms.
With plenty of room for the children to play, the rear garden has fruit trees and a 30,000 litre rainwater tank can provide for the productive veggie patch. There is a large garage with 3 phase power and pit and capacity for 4 cars or boat or caravan, extending to provide a double carport for additional parking.
Climate comfort is assured with ducted reverse cycle air conditioning throughout.
The choice of schooling or universities will be easy for the whole family with close proximity to bikeways, train, tram and bus routes. Even the dog will be happy, with the evergreen Orphanage Park nearby. Fabulous shopping facilities and cafes are nearby at Goodwood Road and Hyde Park.
This charming property offers your family a rare chance to acquire a character home on a large allotment in such a popular sought after area. Please inspect!
Listing description written by Sally Turner, Klemich Real Estate Kent Town — reproduced as published, not verified by Districts.