Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
$1,200,000
Last sold
20 Nov 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
670 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
$1,200,000
20 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Mitcham (last 5 years) with land size have a median of $2,130/m² of land (n=39). Districts calculation from recorded sales — not a valuation.
Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Mitcham
-19.9%
Median sale
Suburb $1,497,500
+0.52 pp
Gross yield
Suburb 2.10%
Suburb median $1,497,500 from 18 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 $604/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
Mitcham at a glance
2,491
People
$1,497,500
Median sale
$604/wk
Median rent
2.10%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Black ForestLOCATION, LOCATION, LOCATION: This solid brick construction family home is set on a generous 670m2 block of North facing land which offers immense potential for discerning buyers to renovate and develop, to make it your lifelong family home. Holding a unique place in local Mitcham history, this solid brick family home was built by Mr Pastro, who initially subdivided this section of Mitcham and blends practicality with charming character features. An original quaint timber kitchen offers the ability to move in with the view to renovate and extend in the future to capture views of the city, sea and beautiful hills. There are two very good-sized living spaces capturing great natural light and four large bedrooms for the growing family. Extra storage undercover, and plenty of potential in the generous garden to create an exceptional outdoor entertaining area, with plenty of privacy. Nearby Mitcham & Clapham Primary Schools and zoned for the highly sought after Unley High School. A 5-minute walk to Mercedes College and Scotch College Junior School, Mitcham Village Kindergarten and a short drive to Scotch College Senior Campus. The popular Edinburgh Hotel and Stamps restaurant are 2-minute walk and a short stroll to the vibrant Mitcham Shopping Centre, public transport and the tranquil Mitcham Reserve and Brownhill Creek. Hear the kookaburras from your back yard while you relax in the best address in Mitcham. Don't miss the opportunity to own a piece of Mitcham history, which offers both tranquility and easy access to everything a modern family requires while maintaining the feel of country living nestled in this family friendly location.
- Solid brick family home on a large 670m2 allotment of land; ripe for further enhancement and development (STCC)
- Expansive living space at the front of the home, with split system air con & abundant natural light from large picture windows
- Solid timber kitchen with plenty of cupboard & bench space
- Dining room adjacent to the kitchen with gas heater and ceiling fan
- Spacious master bedroom with built-in robes, ceiling fan and air conditioning
- Three additional good-sized bedrooms
- Central bathroom with a toilet, bath, shower and abundant storage options
- Second shower with separate toilet for added convenience, or a mud room for the children
- Established gardens with tool shed, a 2-car garage and shed/workshop for extra storage and gardening
- Repainted throughout with neutral decor choices, plus new floating floors & carpets
- Energy efficient 5.0kW solar system, with a 5kW battery and 5kW backup system
- Large garage and workshop with roller door carport
- Positioned in a quiet cul-de-sac, the quietest street in Mitcham, offering privacy, tranquility and a sense of community
- Close to Mitcham & Clapham Primary Schools and zoned for the highly sought after Unley High School & a short drive to Scotch College Senior Campus.
- 5-minute walk to Mercedes College, Scotch College Junior School and Mitcham Village Kindergarten.
- Edinburgh Hotel and Stamps Restaurant are 2-minutes away
- Short stroll to Mitcham Shopping Centre, public transport and the tranquil Mitcham Reserve and Brownhill Creek.
Other information:
Title: Torrens Title
Council: City of Mitcham
Zoning: Suburban Neighbourhood
Built: c1970
Land: 670m2
Build: 238m2
Council Rates: $2,299.65 per annum
SA Water: $234.10 per quarter
Emergency Services Levy: $194.80 per annum
Rental Assessment: $780 per week
All information has been obtained from sources deemed to be accurate, however, it cannot be guaranteed and neither the agent, agency or vendor accepts any liability for errors, omissions or oversights. Any reference to rates/outgoings, school zoning, planning consent, land/building sizes, build year, and solar panels are all approximate. It is recommended any interested parties conduct their own due diligence. RLA325330.
Listing description written by Daniel Seach, Ray White Black Forest — reproduced as published, not verified by Districts.