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 › Lutana Cres
$870,000
Last sold
29 Sept 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
600 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
$870,000
29 Sept 2025 · 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
-10.3%
Median sale
Suburb $970,000
+0.35 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
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 Noakes NickolasBest Offers By 29/9 at 1pm - Unless Sold Prior
This well-presented three-bedroom home at 40 Lutana Crescent offers the perfect opportunity for investors, first-home buyers, or those looking for a low-maintenance property in a convenient location. Offering built-in robes to two bedrooms and ceiling fan in the main, comfort is well thought out. The spacious layout includes a separate dining and entertaining area alongside the kitchen, complemented by a split system air conditioner in the main living and dining space, ensuring year-round comfort.
Outdoors, the property boasts a generous lawn area-ideal for families, children, or those who enjoy entertaining with plenty of room to add future improvements. A double car space provides secure parking, while the property itself offers great potential to move straight in or update to your own style. The generous 600sqm land size provides an excellent option for savvy investors wanting a solid home in a sought-after suburb with reliable rental appeal.
Features
• Currently rented for $570pw until 2/2/2026
• Three spacious bedrooms, two with built-in robes
• Ceiling fan in main bedroom for added comfort
• Separate dining and entertaining area off the kitchen
• Split system in the main living/dining space
• Single garage with plenty of additional off-street car accommodation
• Large outdoor lawn area with plenty of potential
Lifestyle
• Close to Flinders University and Flinders Medical Centre
• Westfield Marion just minutes away for shopping and dining
• Easy access to bus and train services for city commuting
• Short drive to local beaches including Brighton and Glenelg
• Surrounded by quality schools and childcare options
• Local parks and sporting clubs nearby for active lifestyles
Rates
• Council $1620.27PA
• SA Water $185.55PQ
• ES Levy $144.35PA
• City of Marion
• Torrens Title
• Year Built: 1962
• Land Size 600SQM
• Currently Tenanted at $570PW until February 2026
Disclaimer at noakesnickolas.com.au/privacy-policy/ | RLA 315571
Listing description written by Michael Balawejder, Noakes Nickolas — reproduced as published, not verified by Districts.