Mitcham at a glance
17,531
People
$904,000
Median sale
$581/wk
Median rent
3.34%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
$1,280,000
Last sold
24 Mar 2018
4
Bedrooms
2
Bathrooms
5
Car spaces
963 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
$1,280,000
24 Mar 2018 · derived via latest_sale
Local land rate: recorded House sales in Mitcham (last 5 years) with land size have a median of $1,600/m² of land (n=15). Districts calculation from recorded sales — not a valuation.
Mitcham at a glance
17,531
People
$904,000
Median sale
$581/wk
Median rent
3.34%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Vs Mitcham
+41.6%
Median sale
Suburb $904,000
-0.98 pp
Gross yield
Suburb 3.34%
Suburb median $904,000 from 6 recorded sales (last 24 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $581/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
Mitcham at a glance
17,531
People
$904,000
Median sale
$581/wk
Median rent
3.34%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Jellis Craig MitchamThis wonderful family home on 963sqm approx. of prime land enjoys an elevated position that allows striking northerly vistas and a profusion of natural light to flow throughout.
The well-considered floorplan offers two separate zones. The first is to the left of the entry, where you will find four robed bedrooms. The master has the benefit of a huge walk-in robe that is fitted with drawers, shelving and hanging space; there is also a private ensuite for convenience. The remaining three bedrooms share an updated central bathroom with double basins, in a storage rich vanity, plus a separate toilet.
To the right of the entry are a number of generous living areas, ensuring enough space for comfortable family living. There is an expansive L-shaped lounge/dining room, a sizeable family room and a spacious sunroom which allows an array of flexible uses, dependant on the needs of your family at the time. The space offers a large bank of windows which allow tranquil views to the greenery of the extensive backyard.
Surrounded by established gardens, the grassed area is the ideal family playspace, with ample room for a pool if so desired; the size of the land also allows scope for sub division or development (STCA).
A fully renovated kitchen with an abundance of modern cabinetry and storage space completes the impressive accommodation. It boasts stone benchtops, a feature tile splashback, a 900mm freestanding oven-cooktop by SMEG and a 2-drawer dishwasher; it also has a well-placed servery window that connects to the dining room.
There are many additional features that enhance the home's appeal. They include gas ducted heating, evaporative cooling, an HRV cooling system, Baltic pine floorboards, quality window coverings, a large fully fitted laundry, a water tank connected to external tap, a double lock up garage and a 3-car carport that also makes a great place to entertain large groups whilst protected from the elements.
The property is positioned amongst a number of desirable amenities. Walk to Heatherdale railway station and local buses, Antonio Park Primary School and the surrounding walking tracks and parklands. Eastlink and the recently refurbished Eastland shopping centre, with its popular town square restaurants are also in close proximity.
If youve got the family, weve got the home. Inspect to be impressed.
Listing description written by Matthew Scafidi, Jellis Craig Mitcham — reproduced as published, not verified by Districts.