Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
SA › Mitchell Park › Waterman Tce
4
Bedrooms
2
Bathrooms
2
Car spaces
490 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 Mitchell Park (last 5 years) with land size have a median of $2,147/m² of land (n=85). Districts calculation from recorded sales — not a valuation.
Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 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 $573/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
Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GlenelgLocated within the vibrant community of Mitchell Park, this delightful 4-bedroom home effortlessly combines comfort, convenience, and style. Situated in a sought-after locale close to the beach, city amenities, shopping centres, and quality schooling, it provides an optimal residence for buyers seeking a dynamic lifestyle.
Approaching the property, you're greeted by a neatly landscaped front garden and a stylish rendered frontage, hinting at the care and attention to detail that awaits within. Step inside to discover 3 metre high ceilings, tall doors and a spacious first lounge room, providing an inviting space for relaxation or entertainment.
Continuing through the home, you'll find an open-plan lounge, dining, and kitchen area, perfect for modern family living. The kitchen is a delight, featuring a large Caesar stone benchtop, ample cupboard space, a gas stovetop, stainless steel appliances, and a striking red splashback, adding a touch of contemporary flair.
Adding to the appeal, a third living room as a potential 4th bedroom at the rear of the house offers additional space to unwind, while a dedicated study room provides a quiet retreat for remote work or study sessions.
The master bedroom, positioned at the front of the home, impresses with its spaciousness and convenience, boasting a walk-in robe and an ensuite bathroom. Bedrooms 2 and 3 are equally generous in size and offer built-in robes for ample storage. The modern main bathroom caters to the needs of these bedrooms, featuring a separate bathtub and shower.
Venturing outdoors, residents are treated to a generous backyard space, perfect for hosting gatherings with loved ones or providing a safe and enjoyable area for children to play. Additional features include ducted air conditioning throughout the home, a dedicated laundry, a garden shed in the rear yard, and a double garage for secure parking.
Beyond the confines of the property, the location further enhances its appeal. With Park Holme Shopping Centre and Westfield Marion just a short drive away, daily shopping needs are easily met. Foodland Marion is within walking distance, providing added convenience. For leisurely days by the sea, Somerton Beach is a
mere 12-minute drive away. Tonsley Innovation Hub and Mitchell Park Sports and Community Centre are just minutes away. The proximity to Flinders University and Medical Centre caters to educational and healthcare needs, while the nearby Mitchell Park Railway Station offers seamless access to the CBD for commuters. Families will appreciate the array of quality schools in the vicinity, including Westminster School, Sacred Heart College, and Immanuel College, ensuring a well-rounded lifestyle for all.
What we Love:
• Neatly landscaped front garden and stylish rendered frontage
• 3 metre high ceiling and tall doors throughout the home
• Spacious first lounge room for relaxation or entertainment
• Open plan lounge, dining, and kitchen area, perfect for modern family living
• Kitchen featuring a large Caesar stone benchtop and gas stovetop
• Dedicated study room for remote work
• Master bedroom with walk-in robe and ensuite bathroom
• Bedrooms 2 and 3 with built-in robes for ample storage
• Third living room has potential to be used as a 4th bedroom
• Modern main bathroom with separate bathtub and shower
• Generous backyard space for gatherings and children's play
• Ducted air conditioning throughout the home
• Dedicated laundry for convenience
• Garden shed in the rear yard for storage
• Double garage for secure parking
• Close proximity to Park Holme Shopping Centre and Westfield Marion
• Walking distance to Foodland Marion for added convenience
• Tonsley Innovation Hub and MPSCC just minutes away
• Short drive to Somerton Beach for leisurely days by the sea
• Proximity to Flinders University and Medical Centre for educational and healthcare needs
• Mitchell Park Railway Station nearby for easy commute to the CBD
• Quality schools in the vicinity, including Westminster School, Sacred Heart College, and Immanuel College
Auction: Saturday, 25th May 2024 at 3.00pm (unless sold prior)
Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.
The vendor's statement may be inspected at 411 Brighton Road, Brighton, SA 5045 for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.
Listing description written by Scott Rowe, Ray White Glenelg — reproduced as published, not verified by Districts.