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 › Lanark Ave
$940,000
Last sold
15 June 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
795 m²
Land
232 m²
Building
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
$940,000
15 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Mitchell Park (last 5 years) with land size have a median of $2,185/m² of land (n=84). 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.
Vs Mitchell Park
-3.1%
Median sale
Suburb $970,000
+0.10 pp
Gross yield
Suburb 3.07%
Suburb median $970,000 from 29 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 $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
UnknownArea
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 OCAuction Sat, 15th Jun - 10am (usp)
Like an old watch that's never missed a beat, this solid brick 3-bedroom home is as dependable as ever on a 795sqm parcel that will take a new build or rear addition without breaking a sweat, ensuring there's so much to look forward to, just a 10-minute drive from Brighton's sands.
Long held by the one family for decades, the charm of its wonderfully original interior is quickly replaced with visions of what a value-adding cosmetic spruce up would do. Unleash the floorboards, give it a fresh, white colour scheme and you're on your way. Might pay to keep those awesome original bathroom terrazzo floors though.
For those with bolder visions, a sub-division or one big, brand new build (STDA) fits the description for this surging suburb with easy access to Flinders University and Hospital, Westfield Marion and the Southern Expressway for a lightning fast connection to the city, McLaren Vale and Fleurieu Peninsula. So much to look forward to. You'll never look back.
Features we love...
- Tightly held and lovingly kept
- Potential for re-development
- Neat, comfy and very liveable in its current state
- Three spacious bedrooms and large living zones, including north-facing lounge room and adjacent eat-in kitchen
- Solid double brick construction
- Wide frontage and drive-through access to rear lock-up shed/garage
- Heating/cooling provisions
- Dishwasher and separate laundry
- Established gardens
- Carport/pergola to rear
- Strolling distance from public transport and local park/reserve
- Moments from Tonsley TAFE campus
- Just 20 minutes from the CBD
CT Reference - 5640/887
Council - City of Marion
Council Rates - $1,905.54 pa
Emergency Services Levy - $110.15 pa
Land Size - 795m² approx.
Frontage - 18.288m
Zoning - General Neighbourhood
Year Built - 1963
Total Build area - 232m² approx.
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY – MAKE IT HAPPEN™
RLA 275403
Listing description written by Will Fitridge, OC — reproduced as published, not verified by Districts.
Nearby 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.