Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
SA › Lower Mitcham › Hay St
$1,227,000
Last sold
28 Oct 2023
3
Bedrooms
1
Bathrooms
7
Car spaces
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
$1,227,000
28 Oct 2023 · derived via latest_sale
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Lower Mitcham
-22.7%
Median sale
Suburb $1,587,500
+0.58 pp
Gross yield
Suburb 1.98%
Suburb median $1,587,500 from 10 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
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Keeping It RealtyNestled in the heart of Lower Mitcham, this timeless 1950's home is a testament to quality craftsmanship and the enduring charm of yesteryears. With only one loving owner throughout its history, this property has now become available, and it's waiting for its next chapter to unfold.
Situated on an expansive *860sqm block, this home boasts a convenient location that's sure to impress. Families will appreciate the proximity to esteemed primary schools like Colonel Light Gardens, Clapham, and Mitcham Primary Schools, while high schools such as Mitcham Girls, Unley High, Scotch College, Mercedes College, Walford Anglican, and St Joseph's School are within easy reach.
For those who love to shop and dine, you're spoiled for choice. The Mitcham Shopping Centre, King William Road's boutique shopping and dining options, The Ed Hotel, Torrens Arms Hotel, and 5-star restaurants, Lenzerheide and Windy Point are just moments away. And if you need to venture further, a mere *16-minute drive takes you to the vibrant heart of Adelaide's CBD.
As you step inside, you'll find a well-maintained haven of comfort. The large master bedroom, complete with built-in wardrobes, dressing table and bedside tables, welcomes you as you enter. To the left of the entrance hallway, a large lounge room awaits, featuring a gas heater for those chilly nights. A spacious main bathroom, equipped with a bath and shower, is conveniently located next to the second bedroom. The dining area adjacent to the kitchen offers an original gas stove and views into the rear sunroom. The light filled sunroom and the third bedroom, offer lovely views to the north facing backyard. Also, there is a laundry and separate toilet adjacent to the sunroom. This home ensures year-round comfort with ducted evaporative air conditioning and gas heating. However, the real gem of this property is the large stunning garden, offering a variety of fruit trees – from avocados and mandarins to plums and peaches. A two-car, single-width garage with extra height for a caravan, along with ample off-street parking for up to five cars, caters to your practical needs.
This is a rare opportunity to secure a prime position in prestigious Lower Mitcham. Don't miss your chance to make this house your own and create a lifetime of cherished memories. Contact us today for a private viewing!
*=approximately
Auction to be held onsite on Saturday 28th October 2023 at 10:00am (unless sold prior).
Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.
The vendor's statement (Form 1) will be available for perusal by members of the public-
(A) at least 3 consecutive business days, immediately preceding the auction; and
(B) at the place at which the auction is to be conducted, for at least 30 minutes immediately before the auction commences.
*If a land size is quoted it is an approximation only. You must make your own inquiries as to this figures accuracy. Keeping It Realty does not guarantee the accuracy of these measurements. All development inquiries and site requirements should be directed to the local govt. authority.
*Purchasers should conduct their own due diligence and any information and floorplan measurements provided here is a guide and should not be relied upon.
Note: when making a property enquiry please ensure that you provide a daytime phone number so that we can respond to you promptly.
Follow Keeping It Realty on Facebook (@keepingitrealtyadelaide) and be the first to know about property updates and off-market listings. Have access to other great market and agency content as well as updates on recent sales.
Whilst we try to ensure accuracy of the information provided, no liability for any error or omission in this advertisement is accepted by the agent or the vendor. It is not intended that prospective purchasers would rely exclusively on this advertisement or any other information provided by 3rd parties to confirm the details of the property or land listed. Confirmation of property or land details should be sourced via direct enquiry to the agent or through review of the completed Form 1 Vendor Statement which contains the Certificate of Title and local government details.
Listing description written by Christine Holowiecki, Keeping It Realty — reproduced as published, not verified by Districts.