Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Torrens Park › Princes Rd
4
Bedrooms
2
Bathrooms
5
Car spaces
710 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 Torrens Park (last 5 years) with land size have a median of $1,839/m² of land (n=52). Districts calculation from recorded sales — not a valuation.
Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 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
Torrens Park at a glance
2,692
People
$2,245,000
Median sale
$604/wk
Median rent
1.40%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Klemich Real Estate Kent TownIdeally located in walking distance to Mitcham Village and several public and private schools is this very pretty home, filled with character and charm. Walking into the home, you are greeted by the spacious entry hall with its timber features and ornate ceiling. The warmth of the home is enhanced by the polished floor boards throughout the original part of the home and the decorative fireplaces in the lounge room and one of the bedrooms.
The home provides 3 spacious bedrooms at the front of the home with the main bedroom offering an ensuite bathroom. The 4th bedroom, or possibly the study, is located at the rear of the home, with a picture window drawing in wonderful sunlight and overlooks the garden.
The heart of the home is the kitchen / living dining area. The colonial style kitchen features wide bench tops, an induction cook top and an integrated wall oven with a provision for a microwave above the oven. The large corner pantry provides plenty of storage, along with the overhead and under bench cupboards. Leading off this area and the entry hall is the welcoming lounge room. The fireplace adds to the warmth of this room and provides a great retreat whilst others are next door.
Stepping out of the living area and on to the undercover pergola / verandah, you immediately feel amongst nature with the surrounding trees in the neighbouring gardens filled with birdlife.
If storage for vehicles, perhaps a boat or campervan or space for a large workshop is on your list of "must haves", then this home has it all. Featuring a well constructed shed with lock up storage for 2 vehicles plus undercover carport for up to 3 cars, you are well and truly covered.
The home has ducted evaporative cooling throughout plus split system reverse cycle and gas space heater in the kitchen / living / dining.
The local amenity of Torrens Park is real feature. With Mitcham Village just down the road, several public and private schools all within an easy walk or short commute plus a range of public transport options all nearby, its ideally located for families looking for more space and room for growth.
** Property Information **
Title Reference: Volume 5808 Folio 238
Council: City of Mitcham
Zoning: General Neighbourhood
Year Built: 1935
Council Rates: $2,532.05 p.a.
Water Rates: $252.58 per qtr
ESL: $222.90 p.a.
Listing description written by Brenton Milewski, Klemich Real Estate Kent Town — reproduced as published, not verified by Districts.