Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
SA › Lower Mitcham › Mitcham Ave
$1,420,000
Last sold
28 May 2021
3
Bedrooms
2
Bathrooms
7
Car spaces
725 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
$1,420,000
28 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Lower Mitcham (last 5 years) with land size have a median of $2,156/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Lower Mitcham
-10.6%
Median sale
Suburb $1,587,500
+0.23 pp
Gross yield
Suburb 1.98%
Suburb median $1,587,500 from 10 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
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Daw ParkACCOMMODATION & FEATURES:
The property offers many original features such as a beautiful Sandstone Front, ornate lofty ceilings, beautiful fretwork and timber doors & skirtings, open fire place and an open plan extension overlooking a sparkling in-ground completely tiled swimming pool and all year outdoor entertaining area.
You?ll love this home for its:
• 3 over-sized bedrooms
• Flexible Open Plan Kitchen which meals and or Family Room overlooking pool
• Character laden features including: sandstone frontage, polished timber floors, 3 metre high ornate ceilings, fretwork, large skirting, and original doors and lead light windows, double width entrance & hallway, double front lead light doors, return veranda offering two entrances, ideal for home office
• Open Fire Place for winter nights and that wonderful ambience and natural warmth
• Two Bathrooms
• Evaporative ducted air-conditioning downstairs
• Gas heating in main living area
• Reverse cycle air-conditioning upstairs
• Double garage with built in work bench, suitable for a home workshop
• Double carport- suitable for boat / caravan ? High roof-line
• Flexible floor plan - footings on extension allow to extend upstairs- subject to council approval
• Wide frontage and allotment with great street appeal and ample possibilities to extend or subdivide (STCA)
• Auto irrigation & dripper system for front lawn ...relatively low maintenance grounds with established gardens
• Study nook or home office by staircase with beautiful northern aspect
LOCATION & LIFESTYLE:
With a population of just of over 2,000 people, predominantly made up of young growing families and with over 79% owner occupied homes, Lower Mitcham is a tightly held suburb for those looking to establish themselves and their family.
Located under 8km?s from the Adelaide CBD, under 10km?s to Adelaide International and Domestic airport, and only a 10-15 minute drive to our beautiful beaches at Brighton and Glenelg, you quickly discover why this is such a coveted suburb.
Neighbouring Colonel Light Gardens, Hawthorn and Torrens Park all being amongst Adelaide?s pre-eminent blue chip suburbs, 62 Mitcham Avenue is positioned to provide you and your family the absolute best of everything Adelaide has to offer.
On a quiet street and surrounded by other large character homes 62 Mitcham Avenue, on a huge 725m² is certainly affordably priced.
Schools nearby include; Mitcham Primary, Colonel Light Gardens Primary School, Scotch College, Mercedes College and Unley High. It?s not hard to see why this is such a great family area and so highly sort after.
For entertainment and all your shopping and dining needs you?re a 10-15 minute walk to Mitcham Shops, with Cafes, restaurants and the South Australian iconic Wallis Cinema?s.
Mitcham Train station is only a short walk, whilst Buses are also available on Sussex Terrace, Belair Rd and Goodwood Rd, making your commute into town extremely quick and easy.
Currently rented until the end of September 2016, this Character 1920?s Bungalow on 725sqm is perfect for the investor or owner occupier. Don?t miss out on this beautiful home. Call to discuss today.
Listing description written by Constantine Pappas, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.