Pasadena at a glance
3,198
People
$1,100,000
Median sale
$558/wk
Median rent
2.64%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › Pasadena › Mingbool Ave
$815,000
Last sold
20 June 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
760 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
$815,000
20 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Pasadena (last 5 years) with land size have a median of $1,412/m² of land (n=35). Districts calculation from recorded sales — not a valuation.
Pasadena at a glance
3,198
People
$1,100,000
Median sale
$558/wk
Median rent
2.64%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Pasadena
-25.9%
Median sale
Suburb $1,100,000
+0.92 pp
Gross yield
Suburb 2.64%
Suburb median $1,100,000 from 11 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 $558/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
Pasadena at a glance
3,198
People
$1,100,000
Median sale
$558/wk
Median rent
2.64%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Toop & Toop NorwoodWelcome to 22 Mingbool Avenue, Pasadena - a pristine investment opportunity, located in an emerging, enviable location to deliver solid returns for discerning investors.
Allotment spanning approximately 760 sqm with a 17.6m frontage, the substantial landholding alone bolsters the property's value, presenting potential for future development or subdivision, subject to necessary approvals. The existing dwelling comprises three well-proportioned bedrooms, an open living and dining area, kitchen with dishwasher and adjacent meals area plus original jarrah flooring.
Additional features:
Reverse cycle air conditioning system
Ample off-street parking with a carport accommodating two cars
Lock-up garage/workshop, providing ample storage and workspace
The property's location significantly amplifies its investment appeal. Situated in close proximity to Flinders University, Flinders Medical Centre, and Flinders Private Hospital, it is perfectly positioned for students, healthcare professionals, and university staff. An easy commute to the Tonsley Innovation District, offering access to an emerging hub of technology and education.
The owners will love the convenience of proximity to the Pasadena Shopping Centre, featuring the unique Pasadena Foodland—a renowned culinary destination offering a superior shopping and dining experience. This locale fosters a vibrant community feel while providing day-to-day essentials.
Finally, investors will recognize the robust capital growth potential within Pasadena, a suburb experiencing ongoing developments and an uptick in desirability. The combination of low maintenance requirements, a tenant-friendly location, and substantial future growth prospects solidifies this property as a top-tier choice for any property portfolio.
Invest with confidence in a property that offers enduring value and exceptional rental yield. Secure your foothold in one of South Australia's most promising suburbs today.
Local council: Mitcham
Council rates: $1,418.15pa approx.
Land size: 760 sq.m. approx.
Year built: 1961
SA Water rates: $169.37pq approx.
Listing description written by Grant Wills, Toop & Toop Norwood — 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.