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.
SA › Mitcham › Welbourne St
2
Bedrooms
1
Bathrooms
2
Car spaces
505 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mitcham (last 5 years) with land size have a median of $2,113/m² of land (n=40). 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.
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
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 Ray White UnleyAuction Saturday 25th March 10:30am
Joe Marriott and the team at Ray White Colonel Light Gardens are proud to present this cute-as-a-button c1920 red brick State Bank Bungalow, situated in the tightly held suburb of Mitcham.
This home is ideal for busy professionals, retirees, small families, or astute investors, offering an enviable lifestyle within distance to some of Adelaide's finest public and private schooling, zoned to Unley High School, as well as being close to Mitcham Village Shopping precinct, Mitcham Reserve, public transport routes making for an easy commute to the City and Hills and an abundance of amenities and eateries.
Blending old charm with a retro edge, this home has a captivating colour scheme of contrasting dark and light features. Both bedrooms sit at the front of the home themed with striking dark carpet and crisp white walls. A well-appointed main bathroom with a separate toilet is located at the rear of the home, as well as a laundry with direct outdoor access.
The living space with gorgeous floorboards features an inverter reverse cycle split system air conditioner and gas heating to keep you comfortable all year round. Central to the home you will find a fantastic kitchen/dining area, smartly designed to offer a good deal of bench and cupboard space including a dishwasher and gas cooktop oven.
A jewel in the crown is the side access which offers plenty of space to park a boat or caravan plus a garage providing secure parking, a large shed and a neat lawn and garden area.
A rare find, the home is in good condition and is very liveable as is but would also respond well to cosmetic renovations to enhance the charming original features throughout.
Get in quick, this cutie is sure to be snapped up quickly!
More reasons to love this home:
- State Bank Bungalow on a corner allotment
- Charming features throughout the home
- Freshly painted throughout
- Floorboards to main living areas
- Living area with heating and cooling
- Two generous-sized carpeted bedrooms
- Kitchen with stainless steel dishwasher
- Main bathroom with separate toilet
- Laundry room with outdoor access
- Outdoor entertaining area
- Large shed and garden with lawn area
- Side access offering secure parking
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. If this property is to be sold via auction the Vendors Statement may be inspected at 80 Unley Road, Unley for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 276447.
Listing description written by Joe Marriott, Ray White Unley — 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.