Westbourne Park at a glance
2,569
People
$2,675,000
Median sale
$580/wk
Median rent
1.13%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
SA › Westbourne Park › Norseman Ave
$1,001,000
Last sold
21 Aug 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
551 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
$1,001,000
21 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Westbourne Park (last 5 years) with land size have a median of $2,103/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Westbourne Park at a glance
2,569
People
$2,675,000
Median sale
$580/wk
Median rent
1.13%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Westbourne Park
-62.6%
Median sale
Suburb $2,675,000
+1.88 pp
Gross yield
Suburb 1.13%
Suburb median $2,675,000 from 6 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 $580/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.
Nearby
Area
Westbourne Park at a glance
2,569
People
$2,675,000
Median sale
$580/wk
Median rent
1.13%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smallacombe Real Estate Mitcham~ Auction: Saturday 21st August @ 11:00am (unless sold prior) ~
This slate fronted residence is located on a quiet street with a northerly aspect. The home offers scope to update decor and make it yours. Simply an outstanding opportunity for the purchaser.
Comprising:
* Entrance hallway
* Formal lounge with feature gas fireplace leading to formal dining
* Spacious timber kitchen with dishwasher and breakfast bar
* Open plan meals and family living, both boasting French doors which provide an abundance of natural light and flow to 2 separate outdoor entertaining areas
* Master bedroom with walk-in robe and ensuite
* Three additional bedrooms, 2 with BIR ~ great work from home options
* Family bathroom with separate vanity area and toilet
* Separate laundry
* Ducted reverse cycle air conditioning
* Solar panels
* Established gardens
* Double garage with auto roller doors
Less than 7km to the CBD, close to public transport, fabulous cafes, parks, shops and some of Adelaide's best private schools, the wait for that perfectly located and affordably priced family home is over.
Within close proximity to Mitcham and Cumberland Park shops and also Hawthorn Oval for lawn bowls, tennis, footy and cricket, as well as a dog park where all the locals catch up for a chat; this is a community and location you'll love.
Education options are excellent with some of Adelaide's most prestigious schools including Westbourne Park Primary, Cabra Dominican College, Scotch and Mercedes Colleges & Unley School, all so close.
Currently tenanted until November 2021. Vacant possession may be negotiated for an earlier time.
** 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
SA Water: $204.11 per quarter
ESL: $170.30 per annum
Land Size: 551sqm (approx.)
Year Built: 1992
Zoning: Established Neighbourhood
Listing description written by Ros Munt, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.