Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
SA › Mitcham › Waverley St
$792,000
Last sold
24 Dec 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
427 m²
Land
132 m²
Building
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
$792,000
24 Dec 2020 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Mitcham (last 5 years) with land size have a median of $2,113/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Mitcham
-47.1%
Median sale
Suburb $1,497,500
+1.87 pp
Gross yield
Suburb 2.10%
Suburb median $1,497,500 from 18 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
Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts VennMillarExecutive style living across two levels of functional design, set on low maintenance grounds presenting an ideal lifestyle no matter what stage of life you are in. Amongst the tree lined streets of Waverley, filled with beautiful jacarandas harmonizing with the home's timeless elegance. This one is a must see!
With a vast array of windows allowing an abundance of natural light to fill the home complementing the bright and neutral tones of this executive abode.
Two well-appointed bedrooms located downstairs both with built-in-robes and ceiling fans, upstairs is the grand and spacious master bedroom, complete with en-suite and floor to ceiling built in robes, the substantial master bedroom has floor to ceiling windows flowing onto the large private balcony overlooking your garden and Waverley Reserve.
The living areas effortlessly flow to the kitchen which includes granite benchtops, ample storage, a walk-in pantry and a bay window feature which overlooks the gorgeous tranquil gardens.
Be the year-round entertainer everybody envies, with an undercover outdoor alfresco entertainment area made complete by a back drop of gorgeous low maintenance garden's, an evergreen lemon tree, a fishpond and water feature and a raised garden bed for your veggies.
With direct access to Waverley Street Reserve, appreciate the easy-care lifestyle with the added benefit of beautifully kept parklands at your doorstep. Have a kick of the footy, play on the playground and enjoy the tranquillity.
An impressive studio, yours to make of it what you will, parents/teenager retreat, rumpus room, workshop, this home is the gift that keeps on giving.
Welcome to Waverley and your new way of living.
More reasons you'll love this home:
-Solar panels
-Heated flooring
-Hardwearing tiles
-4 rainwater tanks (including 1 plumbed to the sink)
-Built-in-robes
-Energy efficient living
-Evaporative air-conditioning
-Raised garden bed
-Separate shed
-Additional under staircase storage
-Insulated Studio with high ceiling
Life in Mitcham is as good as it gets, with its green and quiet treelined streets, its the ideal community to live, work and play in. Living in this prized suburb provides you with convenience, a wide array of retail shops, food, fashion and entertainment at Mitcham Shopping Centre & Cinema located just down the road. Transport is a breeze with the train station close by and easy access to bus routes to the CBD. Zoned to Unley High School with Mitcham Primary School, Highgate Primary School, Mercedes Collage and Scotch College all nearby.
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 Harcourts VennMillar office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
CT: 5477/987
Council: City of Mitcham
Zoning: R(CP)'8
Council Rates: $1,893 p.a. approx.
Water Rates: $234 p.q. approx.
ES Levy: $156 p.a. approx.
Listing description written by Yianni Garbas, Harcourts VennMillar — reproduced as published, not verified by Districts.