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 › Belmont St
$1,555,000
Last sold
24 Aug 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
772 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
$1,555,000
24 Aug 2024 · 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=44). 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
-2.0%
Median sale
Suburb $1,587,500
+0.04 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 Harris Real Estate Kent TownPride of place on a sweeping corner allotment in the peaceful heart of tightly held Lower Mitcham. The beloved epicentre for one family for the past 63 years, 3 Belmont Street is a once-in-a-lifetime chance to secure a truly special home.
Handsomely occupying an expansive corner allotment, a striking Tudor style frontage perfectly harmonises with the historic streetscape and winding gardens off setting the red brick façade with storybook elegance.
Introducing the calibre present throughout, soaring ornate ceilings carry across a grand entryway, dedicated dining room and vast sitting room (or bedroom 3). Seamlessly extending the footprint to a family room wrapped with panoramic floor-to-ceiling windows to smoothly blend outdoors and in. An updated central kitchen and atrium-like breakfast room unite to deliver a worthy home hub with an eastern orientation ensuring no shortage of sunrays for the breakfast rush or lazy weekend brunches.
Two generous bedrooms are complete with built-in robes and their own annexes, ready to be adapted as studies, playrooms, or hobby retreats, while an updated family bathroom delivers a serene space for everyday rituals. A formal sitting room is centred by glazed brick fireplace and canopied by a domed ceiling, ready to be upscaled into a third bedroom as required and completing the floorplan with scope to configure exactly how you desire.
Glory vine-wrapped alfresco entertaining area overlooks the rear garden, showcasing the full scale of the generous allotment and providing blissful botanical privacy. Dual driveways (to Belmont and Coolidge) take full advantage of the corner composition, garage/workshop making it easier than ever to navigate boat and caravan storage or house passion projects.
If you do need to leave your empire, you don't need to journey far, with Mitcham Square a short way away for morning coffee at Yeah Nah Yeah or Kicco, a latest release movie at Wallis Mitcham, the grocery run at Foodland or Woolies, or a knock off at the local Torrens Arms Hotel. With positioning close to Colonel Light Gardens, Mitcham, and Clapham Primary Schools, zoning to Unley High School, and Scotch, Mercedes, and Concordia nearby, the school run has never been more streamlined, while it's only 15 minutes to the city with the Mitcham Train Station on hand for an effortless commute.
Renovate, restore, extend, or simply relish exactly as is – whatever you choose, it's an enviable chance to build the next lasting legacy.
More to love:
- Immaculately maintained C1930 home, extended 1976
- Rear garage and pedestrian gate access from Coolidge Avenue
- Front gravel drive from Belmont Street
- Daikin ducted reverse cycle air-conditioning throughout
- Separate laundry with second w/c
- Heritage detailing throughout – high ceilings, floral decorative mouldings, glazed brick fireplaces, tudor windows with bubble glass
- Exterior blinds
- Rinnai B16 gas hot water service
- Extensive storage throughout
Specifications:
CT / 5842/966
Council / Mitcham
Zoning / SN
Built / 1930
Land / 772m2 (approx)
Council Rates / $2644.55pa
Emergency Services Levy / $216.50pa
SA Water / $257.43pq
Estimated rental assessment / $675 - $725 per week / Written rental assessment can be provided upon request
Nearby Schools / Colonel Light Gardens P.S, Mitcham P.S, Clapham P.S, Edwardstown P.S, Unley H.S, Mitcham Girls H.S, Springbank Secondary College, Urrbrae Agricultural H.S
Disclaimer: 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 enquiries and obtain their own legal and financial 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 Kent Town — reproduced as published, not verified by Districts.