Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Millswood › Ormonde Ave
4
Bedrooms
2
Bathrooms
3
Car spaces
900 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 Millswood (last 5 years) with land size have a median of $2,434/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 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 $546/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
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Morphett ValeEqual to 9 main rooms this stunning Bungalow built in 1925 is full of charm and character, and proudly sits on a large 900sqm (approx.) corner allotment in a quiet tree lined street. This tastefully renovated family home is sure to impress even the most discerning of buyers.
The home boasts a wide entry hall with traditional formal lounge and dining room finished with period features including lofty ornate ceilings, polished timber floors and vistas across the well maintained front gardens. There are 4 bedrooms, all of a good size and the master suite has a walk-in-robe and ensuite bathroom. The home also offers an open plan North facing lounge and dining room, updated kitchen complete with modern appliances including a dishwasher, bay window, ample bench and cupboard space and pantry. The well appointed main bathroom is also conveniently situated to service the remaining bedrooms and living areas, and there is also a separate 2nd toilet. The 4th bedroom would also be ideal for a home office or studio with handy external access.
Features include quality fixtures and fittings, high ornate ceilings, open fireplaces, stunning timber floors, neutral decor and soft furnishings throughout. Ducted reverse cycle air-conditioning, alarm system and modern appliances and the attention to detail throughout is exceptional.
The vine covered decked alfresco terrace provides a peaceful and private setting to enjoy a glass of wine and a good book whilst overlooking the manicured gardens.
The corner allotment provides easily accessible side street access to the triple carport complete with 3 roller doors and is perfect for ample vehicle storage and offers enough room for a boat or caravan to be stored onsite.
Convenience is second to none, with major shopping precincts, public transport and the CBD only minutes away as well as popular public and private schools.
With so much to offer, it's a pleasure to represent 6 Ormonde Avenue, Millswood for sale and highly recommend an inspection to any buyer serious about securing a character home in this tightly held, popular suburb.
With realistic Vendor expectations this property will be sold, so call Scott Nowak from Ray White for more information and to register your interest. RLA:262999
Expressions of Interest Close Wednesday 25th November 2015 at 5:00pm (Unless Sold Prior).
PLEASE NOTE: This property is being offered for sale by Expression of Interest with a price guide of $900,000. Should you be interested we can provide you with a print out of recent sales to assist you in your value research.
The sales documentation including the Vendor's statement may be inspected at each open inspection, at the Agents office or contact Scott Nowak on 0412 567 212 to have an Expression of Interest' booklet posted to you.
Listing description written by Scott Nowak, Ray White Morphett Vale — 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.