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 › Wattlebury Rd
$795,000
Last sold
31 May 2017
4
Bedrooms
2
Bathrooms
2
Car spaces
445 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
$795,000
31 May 2017 · derived via latest_sale
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.
Vs Lower Mitcham
-49.9%
Median sale
Suburb $1,587,500
+1.97 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 Smallacombe Real Estate MitchamBuilt in 2012 by the current owners you can rest assured that this well designed, contemporary family home has been completed to the finest detail. With its discreet second storey, offering upstairs loft and bar area with a magic rooftop vista, you will find that this property offers all you could want and more.
With its striking facade, stone clad pillars and timber features, it offers plenty of space for a growing family. Perfect for those wanting an easy lifestyle with room for family and guests to visit, stay and enjoy.
Offering multiple entertaining areas and filled with natural light, the versatile floorplan allows you flexibility to suit your lifestyle. A lovely front room can easily become a 4th bedroom or an excellent space for a home office or study. The kitchen and family room provides for open plan living and there are separate wings for the bedrooms, including the master with a walk in robe and ensuite.
Why build when all of the hard work has already been done for you?
Tour the property:
* Excellent street appeal with contemporary design, secure, modern and internal access via lockup garage
* Well sized front room (currently utilised as a spacious bedroom), north facing and full of light. So versatile ~ could easily make a wonderful sitting room, childrens play room or home office/study
* Fully equipped kitchen complete with high quality appliances, wide stone bench tops and glass feature walls. So cleverly designed, with the adjacent stackable doors opening to the private internal courtyard
* This delightful courtyard also has a relaxing water feature and is perfect for entertaining and providing desirable flow of living from inside to out
* Spacious open plan living area offers plenty of room for dining and for living and features a stunning stone wall in the family room
* Entry to the upstairs loft and rooftop vista is cleverly concealed in the family room
* Master bedroom at the rear of the home comes complete with a generous walk-through robe and ensuite bathroom. French doors open to the pretty rear courtyard garden
* Further 2 generous bedrooms, one with built in robes and all with ceiling fans
* Second family bathroom has a separate dual vanity, a separate toilet and the bath/shower area has a feature tiled wall
* Well appointed laundry with great storage
* The upstairs room is immediately captivating and provides an area for additional storage
* Choose between 2 stunning entertaining areas ~ the internal courtyard adjacent the open plan living or the lovely paved and very private entertaining area at the back of the home.
Highlights:
* Flexible floorplan that you can make work for you
* Well suited for entertaining ~ both inside and out
* Contemporary finishes throughout, including stunning stone, timber and glass tile features
* Private and low maintenance gardens (approx 445sqm allotment)
* Internal courtyard garden as well as a private rear garden with paved entertaining
* Upstairs versatile loft room with a rooftop vista
* Garage with auto door and garden shed
* Nearby parks, playground, public transport (bus and train), and cafes
* Beautiful premiere suburb.
Lifestyle:
Lower Mitcham is a desirable suburb showcasing attractive character and modern built homes within tree lined streetscapes. Residents enjoy the proximity of many amenities and restaurants, as well as Mitcham Square shopping precinct, Unley & Goodwood Roads, whilst being only minutes to the CBD. Well serviced by public transport with nearby bus routes & train stations, giving easy access straight into the city, universities or to the coast for leisurely weekends. In addition the area benefits from popular primary, secondary and private schools, local shopping centres, cafes, community parks and sporting grounds; you truly have everything at your fingertips within Lower Mitcham.
Council: City of Mitcham
Council Rates: $1,851.68 per annum
SA Water: $228.65 per quarter
ESL: $353.80 per annum
Land Size: 445sqm (approx)
Year Built: 2012
Zoning: Residential (CP)PA8.
Listing description written by Janet Hansen-Smith, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.