Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Cumberland Park › Derwent St
$1,245,000
Last sold
3 Aug 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
901 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
$1,245,000
3 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Cumberland Park (last 5 years) with land size have a median of $1,990/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Cumberland Park
-17.2%
Median sale
Suburb $1,503,500
+0.41 pp
Gross yield
Suburb 2.01%
Suburb median $1,503,500 from 12 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 $580/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
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Daw ParkSituated on over 900m2 in the sought after suburb of Cumberland Park sits this enchanting art-deco home boasting 3 bedrooms, two huge studios, evaporative cooling, 10.1KW of solar power and a 13KW Battery, all set in a stunning native landscaped garden.
It really is one that you'll need to see to appreciate the charm and versatility of this fabulous offering. Whether you choose to add wet areas for fully self-contained accommodation (STCC) with the two huge studios, or just relish the space and tranquillity to create and enjoy; this home has so much to offer.
With period features such as Terrazzo Veranda, floorboards and beautiful art-deco ceilings the home itself is just lovely. The separate lounge and dining room boasts split system and corner windows with fabulous garden views. The eat-in kitchen is light and airy with a handy dishwasher and skylight. There is a sunroom that provides an additional living space that flows through to the huge third bedroom.
Outside is an absolute delight with manicured and well-maintained native garden, paved entertaining areas, veggi gardens and ample fruit trees set amongst those two wonderful studios. Both studios are huge, fully lined and have concrete floors and sliding doors on the northern side and one has a split system for year-round heating and cooling comfort.
There are also 5 water tanks and an extra height and double length carport. Beyond this you have 10.1 KW's of solar panels and a 13KW Tesla Battery, putting money back into your pocket, whilst helping out our environmental footprint.
Location is everything, and this home truly has it all. Within walking distance you'll find parks, great shopping centres, and a variety of dining options conveniently located, such as Winston Avenue, King William Road, Goodwood Road restaurant and café strips. Not to mention, it's nestled within a few minutes' walk from Edwardstown Primary School, Westbourne Park Primary and is in the highly sought-after Unley school zone, ensuring an excellent education for your children. Whilst Cabra Dominican College is right around the corner.
Specifications:
CT / 5149/110
Council / Mitcham
Zoning / SN
Built / 1935
Land / 901m2 (approx)
Frontage / 20.12m
Estimated rental assessment: $650 - $680 p/w (Written rental assessment can be provided upon request)
Nearby Schools / Westbourne Park P.S, Edwardstown P.S, Forbes P.S, Unley H.S,
Springbank Secondary College, Mitcham Girls H.S, 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 | 333839
Listing description written by Simon & Bec Tanner, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.