Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Cumberland Park › Mathias Ave
$1,310,000
Last sold
26 Mar 2022
3
Bedrooms
2
Bathrooms
3
Car spaces
738 m²
Land
294 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
$1,310,000
26 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Cumberland Park (last 5 years) with land size have a median of $1,990/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Cumberland Park
-12.9%
Median sale
Suburb $1,503,500
+0.29 pp
Gross yield
Suburb 2.01%
Suburb median $1,503,500 from 12 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 $580/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
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCSold at Auction
Vastly bigger - and better - since the first time it was sold way back in 1996, this much-loved c.1925 bungalow is ready to do all over again what it knows best: nurture a growing family in search of at least three bedrooms, creature comforts, ample off-street parking, multiple living spaces and a reason to entertain, inside and out. What you'll get is all of that and more in a solar-powered home that starts with those timeless character hallmarks and finishes with a crowd-pleasing open-plan addition and partnering alfresco pavilion.
The only thing better than being at home is lapping up the lifestyle it affords between the city and sea, in a leafy suburb with parks/reserves, schools, shopping options and public transport at its beck and call. It's your turn to love Cumberland Park.
• Versatile floorplan includes two large formal zones to original bungalow
• Huge, super-functional open-plan kitchen with dishwasher, breakfast bar and loads of bench and cupboard space
• Beautifully presented original features include polished timber floors, lofty decorative ceilings and ornate fireplaces
• En-suite bathroom and built-in robes to master bedroom
• Enviably placed amongst other character homes on a quiet street
• Zoned ducted reverse cycle heating and cooling
• Powerful 4.8KW solar system
• Storage galore
• Large separate laundry
• Large powered shed with concrete floors
• Neatly presented low-care gardens
• Carport and off-street parking for 3+ cars
• Moments from Cumberland Park shopping precinct
• Just a short walk from Avenue Road Reserve
• No more than 15 minutes from the CBD and metro coast
CT Reference - 5408/49
Council - City of Mitcham
Council Rates - $2,047.85 pa approx.
SA Water Rates - $222.31 pq approx.
Emergency Services Levy - $127.81 pa approx.
Land Size - 738m² approx.
Year Built - 1925
Total Build area - 294m² approx.
Auction Live Streaming via GAVL
Ouwens Casserly clients have the opportunity to watch, bid, and buy via live property auctions.
Register through www.gavl.com and follow the property link below:
https://x5u9a.app.goo.gl/gLM7
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 286513
Listing description written by Daniel Richardson, OC — reproduced as published, not verified by Districts.