Netherby at a glance
1,502
People
$1,715,000
Median sale
$604/wk
Median rent
1.83%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
$790,000
Last sold
20 June 2020
3
Bedrooms
2
Bathrooms
1
Car spaces
650 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
$790,000
20 June 2020 · derived via latest_sale
Local land rate: recorded House sales in Netherby (last 5 years) with land size have a median of $2,224/m² of land (n=23). Districts calculation from recorded sales — not a valuation.
Netherby at a glance
1,502
People
$1,715,000
Median sale
$604/wk
Median rent
1.83%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Netherby
-53.9%
Median sale
Suburb $1,715,000
+2.15 pp
Gross yield
Suburb 1.83%
Suburb median $1,715,000 from 10 recorded sales (last 24 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
Netherby at a glance
1,502
People
$1,715,000
Median sale
$604/wk
Median rent
1.83%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate GlenelgSet on 678 sqm with a 22.25m frontage and a northern aspect, this solid home built c1950 is made of Carey Gully Stone and would respond well to renovations or is a beautiful allotment ideal to build your dream home.
The current configuration of the home positions the 3 bedrooms with BIR's on the upper level (master with a 25sqm private balcony) and the main bathroom. Downstairs offers the living spaces with a separate lounge, study and sunroom, eat-in kitchen and the second bathroom.
Whilst putting your plans together, the home could comfortably be lived in until you are ready to renovate, and the floorplan could be reconfigured to suit the modern family.
Opportunities if renovating may see the main bedroom converted to a Master Suite by converting bedroom 2 into a WIR leading into the bathroom and then converting the study/sunroom into a third bedroom.
Alternatively, if a Master on the ground floor is important removing the current wall (not solid) between the study and sunroom will create a 4.6m x 4.2m downstairs master with double doors leading out to the north facing outdoor entertaining area. With further renovations and changing the configuration of the downstairs bathroom it could be converted into a private ensuite.
Other home features
Secure home behind private electronic gates with intercom
North-facing orientation
Detached studio with r/c split system
The main sewer has been replaced in 2020
Eat-in kitchen with granite benchtops, stainless steel appliances and a dishwasher.
Tasmanian Oak staircase
Reverse cycle air conditioning
Plasma heater in the living room
Granite flooring
This property offers excellent value for money in a brilliant lifestyle location within the highly desirable and sought-after suburb of Netherby. Conveniently situated so close to Unley High, Urrbrae, Mitcham Primary, Mercedes and Scotch Colleges, Mitcham Shopping Centre and public transport.
Specifications:
CT / 5785/376
Council / City of Mitcham
Zoning / R(CP)'8
Built / 1950
Land / 678m2
Frontage / 22.25m
Council Rates / $2242.30pa
SA Water / $263.49pq
ES Levy / $175.65pa
School Zones / Mitcham P.S, Unley H.S, Urrbrae Agricultural H.S, Mitcham Girls H.S.
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 any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Anne Einarson, Harris Real Estate Glenelg — reproduced as published, not verified by Districts.