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.
$755,000
Last sold
14 Nov 2017
3
Bedrooms
2
Bathrooms
4
Car spaces
438 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
$755,000
14 Nov 2017 · derived via latest_sale
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
-49.6%
Median sale
Suburb $1,497,500
+2.06 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 Smallacombe Real Estate MitchamYou will love the lifestyle offered by this stunning courtyard home, which is deceptively spacious and set on a perfect size block of 438sqm with a fabulous northerly aspect.
Thoughtfully designed and with a high standard of finishes, it offers a large open plan living space, 3 generous bedrooms, great entertaining area and that highly desired double garage.
Built in 2008 and beautifully cared for by only one owner, it ticks so many boxes.
* Welcoming hallway with direct internal access to the garage
* 3 good size bedrooms ~ Bed 2 and 3 both have floor to ceiling built in robes
* Master bedroom has ensuite bathroom and walk in robe, and is privately set at the rear of the home to take advantage of northerly winter sun and light
* Fabulous kitchen with an abundance of bench and cupboard space, Essastone benchtops, dishwasher, great gas cooking with a 5 burner cooktop and electric oven
* Spacious fully tiled open plan living and dining, full of light and with French doors providing the flow of living to outside entertaining
* Family bathroom with a separate toilet well located to service Bed 2 & 3
* Laundry also with good storage
* Fantastic entertaining area overlooking the northerly rear garden ~ a great space for everyone to enjoy, with room for children to play and a veggie garden.
Highlights;
* No shared living walls with the garage providing the only common wall
* 2.7m high ceilings
* Private landscaped gardens
* Extra large double garage with internal access, auto doors, plus enough room for storage/workshop benches, plus additional parking for 2 vehicles in the driveway
* Reverse cycle ducted Daikin air conditioning
* Security system
* Rainwater tank
* Plenty of storage with 2 linen cupboards and ample laundry space
* Set on manageable grounds with garden shed.
Just a short walk to Mitcham Square shops and Cinemas, easy access to several fantastic private and public schools including Unley High, Mitcham Girls, Mitcham PS, Urrbrae HS, Scotch and Mercedes Colleges. Easy access to both the city, the Hills and all that Mitcham offers shops, cafes, restaurants, The Ed Hotel and local parks and reserves.
Council: City of Mitcham
Council Rates: $2,233.94 per annum
SA Water: $264.43 per quarter
ESL: $418.4 per annum
Land Size: 438sqm (approx)
Year Built: 2008
Zoning: Residential (CP)PA8
Listing description written by Janet Hansen-Smith, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.