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 › Wattle Ave
6
Bedrooms
3
Bathrooms
9
Car spaces
1,131 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 Lower Mitcham (last 5 years) with land size have a median of $2,156/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
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.
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 Harris Real Estate Daw ParkThis generous double brick family home set on a massive 1,131m2 allotment with 19.81m2 frontage in the sought-after suburb of Lower Mitcham is simply one you must see.
With a versatile floor-plan offering up to six bedrooms and three bathrooms that includes the Air B&B attached flat, as well as four main bedrooms, separate studio in the garage, huge backyard and solar heated swimming pool, this is a rare opportunity indeed.
Whether you're looking for that large family home with additional income potential, or perhaps it's a large block to subdivide and build the perfect couple of downsizers: one for yourself and one to sell (STCC): 20 Wattle Ave Lower Mitcham is worth your serious consideration.
Things we know you'll love:
• Attached unit updated in 2018 is currently used as an Airbnb (approx. 6 months of the year earning approx $16,000). It offers a large bedroom with ensuite, living space with kitchenette, gorgeous French doors and split system, as well as it's own carport. With separate power and instant hot water system, this unique space can be separated from the main home or attached by re-instating the door to join with the main residence
• Large open plan kitchen and dining featuring breakfast bar, double sink with filtration system, induction cook-top, double wall-oven, double draw and integrated dishwasher
• Kitchen and dining open into the lounge through double sliding doors
• Separate laundry with amply storage
• Paved alfresco steel framed pergola and entertaining area overlooking the large backyard and pool
• Master bedroom at the rear of the home boasts a generous built in robe, gorgeous corner window and beautifully updated ensuite with terrazzo flooring and frame-less shower
• Large fully lined garage and workshop space with ample storage and car space for up to three cars. Attached is a separate studio space, which could be utilised as a sixth bedroom, home office or games room
• Evaporative cooling, gas heating, (plus ducts for reverse cycle heating and cooling)
• The salt-chlorinated above ground solar heated pool with built in decking is conveniently located at the rear of the block leaving the backyard with plenty of space
• An abundance of established fruit trees (including apricot, pear, nectarine, mandarin, apple and orange trees) and vegetable gardens enhance the garden oasis that is yours to eat and enjoy all year round
• Auto watering system at front of home and manual system in back
• Rainwater tank with pump
• Three phase power allowing for potential installation of up to 15kw of solar
• Near new upgraded gas line
• Two gas hot water systems
• Wool carpets
• Parking space for up to six cars with two carports and large garage at rear of property
Under 7km's to the Adelaide CBD and only a short ride or drive to Scotch College, Mercedes College, Cabra Dominican College, Concordia and Mitcham Primary, Westbourne Park Primary, Unley High and Mitcham Girls High. Walking distance to Mitcham Shopping Centre, Mitcham library and public transport including buses and trains, this is truly a terrific location.
We are delighted to bring 20 Wattle Avenue to the market. Please contact Simon or Bec Tanner on 0402 292 725 with any questions.
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 (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.
Specifications:
CT / 5865/165
Council / City of Mitcham
Zoning / Residential (CP) Policy Area 8
Built / 1964
Land / 1131m2 (Approx.)
Council Rates / $$2420.70 p.a.
ES Levy / $187.10 p.a.
S.A. Water / $75.40 p.q.
Sewer / $195. 98 p.q.
Listing description written by Simon Tanner, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.