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 › Price Ave
4
Bedrooms
3
Bathrooms
4
Car spaces
651 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
No recorded sale price for this property yet.
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.
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 Smallacombe Real Estate Mitcham~ Auction: Saturday 8th April 2017 @ 11am (unless sold prior) ~
Built to exacting standards in 2015 with a 6 star energy rating, this stunning two storey home has been masterfully designed for modern family living.
Offering multiple entertaining areas filled with natural light, 4 bedrooms, 3 bathrooms and the perfect mix of casual and formal living. Why build when all of the hard work has already been done for you?
Ground level offers a flexible use of space and currently comprises of;
* Grand entrance featuring Italian porcelain tiling
* 3m ceilings throughout the ground floor
* A cosy library/formal lounge with a gas heater, or easily converted to a home office, with stunning feature wall
* Double size bedroom with convenient access to a sparkling bathroom, perfect for a main or an ideal guest/teen retreat.
Continue through and you enter....
* Gourmet kitchen complete with Butlers pantry with sink and fabulous storage, wide stone bench tops, Smeg appliances including 900mm oven, gas cook top, dishwasher and cleverly installed window splashbacks overlooking the private yard; perfect for watching the kids play while preparing meals
* Spacious open plan living and dining area with beautiful flooring and finely selected wallpapered feature wall
* Adjacent sliding doors open to the undercover alfresco entertaining, providing desirable flow of living from inside to out
* Enter the piece de resistance.... a wonderful home theatre room so perfect for hosting movie nights!
Accommodation on the upper level presents;
* Another generous size living area perfect for the family/teen retreat or even an office
* An outstanding Master Suite with a huge bedroom, sitting space with views to relax and enjoy, as well as an exceptionally spacious dressing room and impressive deluxe ensuite bathroom with floor to ceiling Italian porcelain tiling and rain-head shower
* Further two double bedrooms each with built in robes
* Beautiful plantation shutters to all
* Third luxury family bathroom with a separate toilet.
Private and low maintenance gardens (approx 651sqm) complete with retaining walls, veggie garden, rainwater tanks and side street vehicle access from Aboyne Road if required.
SPECIAL NOTE ~ The external area alongside the alfresco entertaining has been adequately engineered for installation of a lap pool if desired (subject to Council consent - details can be provided).
So many additional features within this home including;
* Quality soft furnishings and plantation shutters
* Gorgeous lighting including contemporary chandeliers
* Lots of lawn area ideal for children to play or to install a pool (subject to consents)
* Ducted reverse cycle Daiken air conditioning and a gas log fire
* Security system and intercom to front gate
* Double garage with auto roller doors and internal access
* Double glazed windows plus extra high rated insulation
* Generous size laundry
* Fantastic storage throughout including a closet as well as under stair storage
* Rainwater tank plumbed to downstairs toilets.
Lifestyle:
Lower Mitcham is a desirable suburb showcasing attractive character and modern built homes within tree lined streetscapes. Residents enjoy the proximity of many amenities and restaurants, as well as Mitcham Square shopping precinct, Unley & Goodwood Roads, whilst being only minutes to the CBD. Well serviced by public transport with nearby bus routes & train stations, giving easy access straight into the city, universities or to the coast for leisurely weekends. In addition the area benefits from popular primary, secondary and private schools, local shopping centres, cafes, community parks and sporting grounds; you truly have everything at your fingertips within Lower Mitcham.
Council: City of Mitcham
Council Rates: $2,438.04 per annum
SA Water: $278.38 per quarter
ESL: $450.05 per annum
Land Size: 651sqm (approx)
Year Built: 2015 Metricon Homes
Zoning: Residential CP)PA8
Listing description written by Janet Hansen-Smith, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.