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SA › Lower Mitcham › Surrey Cres

3 Surrey Cres, Lower Mitcham SA 5062

House

$2,100,000

Last sold

7 Sept 2017

5

Bedrooms

3

Bathrooms

5

Car spaces

1,756 m²

Land

350 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,100,000 (7 Sept 2017).(Recorded sale)
  • CalculationLand 1,756 m² against a 350 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Lower Mitcham (last 5 years) with land size: median $2,156/m² of land (n=45). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,100,000

7 Sept 2017 · 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=45). 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.

See the full Lower Mitcham report →

Vs Lower Mitcham

+32.3%

Median sale

Suburb $1,587,500

-0.48 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,100,0007 Sept 2017
  2. Listedprice unknowncompleted31 May 2017

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lower Mitcham in one glance

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.

See the full Lower Mitcham report →

Keep researching

  • Why Lower Mitcham? Read the area thesis →
  • What else is on the market in Lower Mitcham →
  • Other records on Surrey Cres →

Listing material

Listed by Toop & Toop Hyde Park

Classic beauty for modern living

A stunning example of classic Victorian architecture, this grand 1890 bluestone return verandah villa set discreetly over 1,700 square metres boasts the most beautiful features of the era as well as offering all the elements required for fabulous modern resort-style family living. From the exterior, be charmed by beautiful bluestone arched gothic-style windows, quoin work, concave verandahs with decorative cast-iron lace work and tessellated tiles. Entering the home, huge formal rooms include the sitting room, library, and luxurious master suite with full height ornamental ceilings, splendid marble fire places, large double windows, thick walls and original architectural joinery. Modern finishes meet the tastes of the most discerning offering light colours, classic window fittings and soft carpet. Moving through the original section of the home there is a sense of comfortable hospitality with bountiful accommodation and the ambience of a classic country homestead. There is character to appreciate with subtle reminders from a bygone era such as quaint servants bells above the large dry cellar.For this century, an impressive modern extension creates the wow factor. Designed for family life, entertaining and with sustainability in mind, informal living areas flow from indoor to outdoors on three sides. An entertainers kitchen configured centrally and overlooking the family room, has an enviable list of features including large island bench with stone top, Miele appliances and generous quality cabinetry. Direct internal access from the garage or from the casual rear entry enhances the convenience of this work space. Cafe doors open onto the pavilion equipped with outdoor kitchen overlooking the separate relaxing pool area. Further caf doors open directly to the north/south tennis court. There is so much potential for family members to entertain friends simultaneously or host the most amazing functions. Extensive garaging, cellar and easily configured for up to six bedrooms with stunning modern wet areas, this great package is complete. A home for the active family in a lovely secluded location close to popular schools, great local shopping, recreation and within easy reach of Adelaide city and attractions beyond. This is a fantastic opportunity for those with a disposition for grand family living. Kitchen: Miele convection ovens x2, microwave, exhaust, 5 burner gas cooktop, coffee machine, integrated dishwasher. Bamboo flooring extending through to informal livingLaundry: extensive storage, ironing hanger, external accessMaster suite: his & hers walk-in robe, ensuite with double shower, double vanity, bidet & toilet, heated towel rail Family bathroom: quality fixtures including freestanding bath, egg-shaped counter-top basin & hung toilet2nd family bathroom: counter-top basin, large showerPavilion: outdoor kitchen with sink & gas plumbed barbecue, exhaust canopy, outdoor heaters, overhead fan, sandstones pavers Pool: glass fencing, salt chlorinated, solar heated, fully tiled, feature shade backdrop Tennis court: floodlit, synthetic turfGaraging: triple garaging adjoining home, remote control to door. Separate double garage off street. Garden shedDucted reverse cycle air-conditioning, 2 systems. Overhead fans to informal living4 kw, 21x190 panel solar array. 4x 9,000L rainwater tanks

Listing description written by Lew Toop, Toop & Toop Hyde Park — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Floorboards
  • In-Ground Pool
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.