Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Torrens Park › Owen St
$1,615,000
Last sold
10 Mar 2023
5
Bedrooms
2
Bathrooms
4
Car spaces
710 m²
Land
334 m²
Building
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
$1,615,000
10 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Torrens Park (last 5 years) with land size have a median of $1,833/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Torrens Park
-28.1%
Median sale
Suburb $2,245,000
+0.54 pp
Gross yield
Suburb 1.40%
Suburb median $2,245,000 from 12 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
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
Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Danielle Comer or Rachael Farror for viewing times.
Perfectly positioned amongst the picturesque Adelaide foothills, this breath-taking home with a huge 334sqm of internal and external living has a commanding street presence and has been sensibly built to make great use of the generous 710sqm (approx.) parcel of land, it really needs to be seen to be believed. A quick walk to the fantastic Randell Park, and surrounded by popular local schools including Scotch College, Mercedes College, Mitcham Primary, Unley High, and Mitcham Girls High, this home will suit a wide variety of buyers including the large family, and a savvy investor looking for great rental returns.
Upon entrance to the home, you are welcomed by a sophisticated entryway with timber floors and high vaulted ceilings, adjacent to a spacious games room laden with cozy carpeted flooring and featuring a built-in bar and large picture windows letting in plenty of natural light while showcasing a beautiful garden backdrop.
The central hallway flows through to the large gourmet kitchen positioned overlooking an open plan casual meals and living, which spills out through sliding doors to a paved entertaining area. The impressive kitchen is complete with a corner pantry and has been beautifully appointed with modern stainless steel appliances including a gas cooktop and dishwasher plus a well-designed raised breakfast bar providing a fantastic space for entertaining guests while also allowing for maximum storage and preparation space.
Completing the lower level is bedroom five, a good-sized storage room, a handy powder room with toilet and vanity found adjacent to the plus-sized laundry, and a double garage with roller doors and direct internal access to the home, as well as a roller door providing drive through access to a double length carport.
A beautifully crafted set of stairs with under-stair storage from the home's entrance will take you up to the second level where you find a third living, and the beautifully presented and spacious master suite with a walk-in robe plus ensuite. Bedrooms two, and three with the convenience of built-in robes, and bedroom four, are all found just off the third living, all with easy access to the three-way main bathroom, its spacious design making room for a shower, bath, vanity, and toilet plus a built-in cupboard providing valuable extra storage space.
Glass sliding stacker doors, as well as café sliding doors, open out from the open-plan living on the lower level providing a picturesque view and seamless access to an entertainer's paradise! Entertain family and friends in style with a spacious paved entertaining area with café blinds surrounding a pitched roof pergola and a paved ramp leading you up to a beautifully designed tiered back yard, established trees, raised garden beds, and a good-sized level lawn area, while the handyman of the family will love the addition of two small garden sheds.
Built to the highest of quality; some of the many valuable added extras include a double garage with roller doors plus additional off-street parking for another three cars, gas instantaneous hot water, NBN ready, ducted reverse cycle heating and cooling, a security system, and an automatic watering system.
Truly representing a lifestyle opportunity with three large internal living spaces, the flexibility of this floorplan will suit your family throughout the years. The home is surrounded by other quality homes and in close proximity to the Mitcham Shopping Village, Mitcham Train Station and an incredible lifestyle with stunning walks through the tree-lined streets of Torrens Park with footbridges over winter running creeks and through to Mitcham Reserve and the picturesque Brownhill Creek walks, this a location and lifestyle like no other.
All floorplans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.
(RLA 222182)
Magain Real Estate - Hyde Park
Listing description written by Danielle Comer, Magain Real Estate — reproduced as published, not verified by Districts.