Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Cumberland Park › Morris St
$723,000
Last sold
9 July 2020
3
Bedrooms
1
Bathrooms
4
Car spaces
761 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
$723,000
9 July 2020 · derived via latest_sale
Local land rate: recorded House sales in Cumberland Park (last 5 years) with land size have a median of $1,980/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Cumberland Park
-51.9%
Median sale
Suburb $1,503,500
+2.16 pp
Gross yield
Suburb 2.01%
Suburb median $1,503,500 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 $580/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
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownHeld tightly by the one family for 42 years, the 3-bedroom ‘50s-built charmer that fronts the green grounds of Cabra Dominican College is destined for great things on a block of some 760sqm, just a skip from Westbourne Park Primary School and no more than seven minutes from the CBD.
Much like its neighbouring Kingswood, Colonel Light Gardens and Goodwood, big blocks are customary to the very popular Cumberland Park; making this solidly built abode the perfect candidate for a full-scale reboot, extension or new build from the ground up.
For those with DIY-ing in their veins, you’ll have quite the ball revealing, sanding and polishing the timber floors waiting under the comfy carpets of a solidly built home that was extended to add another living zone to go with its semi-open kitchen/casual meals zone and north-facing front lounge room.
Only on a parcel of this size can a home be set back comfortably from the street and still leave room left over for yet another extension at a lawned, low-maintenance rear boasting a large shed for those tools and big toys.
Should your grand plans involve a new build, a competitive Cumberland Park rental market ensures you can bide your time with tenants simply looking for a comfy, functional launching pad to those schools and the likes of Mitcham Square, Castle Plaza and award-wining Foodland Pasadena.
The point is that you have options in a suburb with so many reasons to stay for the long haul. Here’s to the next 42 years.
More reasons to love this property:
- Carport with drive-through access to shed/garage boasting concrete floor
- Efficient split R/C
- Loads of storage, including built-in robes to master bedroom
- Shaded pergola to rear yard
- Large separate laundry
- Breakfast bar and gas cooktop to kitchen
- Tub and walk-in shower to main bathroom
- Close to a range of other quality schools and kindergartens, including Black Forest Primary School and Edwardstown Primary School
- Walking distance from Big W and Woolworths Cumberland Park, plus Good Life Health Club and bowling centre
Specifications:
CT / 5809/494
Council / City of Mitcham
Zoning / R(CP)'8
Built / 1953
Land / 761m2
Council Rates / $1594.15pa
SA Water / $204.46pq
ES Levy / $327.30pa
School Zones / Westbourne Park P.S, Edwardstown P.S, Goodwood P.S, Springbank Secondary College, Mitcham Girls H.S, Urrbrae Agricultural H.S, Warriappendi School
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. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by Rachael Connor, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.