Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
$790,000
Last sold
29 Dec 2023
0
Bedrooms
0
Bathrooms
0
Car spaces
679 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
$790,000
29 Dec 2023 · derived via latest_sale
Local land rate: recorded Land sales in Mitcham (last 5 years) with land size have a median of $1,046/m² of land (n=6). Districts calculation from recorded sales — not a valuation.
Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Mitcham
-47.2%
Median sale
Suburb $1,497,500
+1.88 pp
Gross yield
Suburb 2.10%
Suburb median $1,497,500 from 18 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Klemich Real Estate Kent TownBeautifully nestled in the highly prized, premium eastern suburb of Mitcham - amongst other prestigious homes - this allotment is the designer dream that you have been waiting for.
Imagine stepping behind this glamorous façade into a sophisticated contemporary family residence. A proposed design exists for an impressive home blending design and practicality. Or design your own dream home with designer features throughout, natural timber flooring, lofty ceilings, and fabulous use of natural light, your luxurious residence could offer an extraordinary lifestyle with versatility and unrivalled ambiance.
Offering a 679m2 (approx.) allotment with plenty of space both inside and out, for everyone in the family. Build your perfect first home or luxury dream home on this amazing allotment in Mitcham.
The proposed design, has planning approval and the all aspects covered when it comes to style and convenience,
Key features of the home:
• Four bedrooms
• Primary bedroom with deluxe ensuite and walk-in robe
• Expansive open-plan living
• Gourmet kitchen with butler's pantry
• SMEG integrated appliances & 20mm stone benchtops
• Floor-to-ceiling tiling to ensuite and main bathroom
• Your choice of timber or tiled flooring throughout the main living area
• Spacious alfresco entertaining under the main roof
• Double side-by-side garage with internal access
• Ducted reverse cycle air-conditioning
Within minutes of leading private schools such as Scotch College & Mercedes College and easy access to Mitcham Square shopping precinct. The residence is within close proximity to public transport and only a short 10-minute (approx.) drive to the CBD.
Don't miss this opportunity to build a future place to call home for you and your family. Please contact me for the full specifications and inclusions package.
**LAND PRICE ONLY**
Please note that the renders shown are for illustrative purposes only.
Listing description written by Rocco Perre, Klemich Real Estate Kent Town — 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.