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 › The Grove
$1,460,000
Last sold
22 May 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
763 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
$1,460,000
22 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
-8.0%
Median sale
Suburb $1,587,500
+0.17 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 OCAUCTION Sat, 22nd May - 3pm (usp)
Gorgeous from its first impression on the wide, leafy expanses of The Grove, everything you would want in a C1926 bungalow comes with the extension and separate solid brick studio to set it apart and take a demanding family in its quiet stride, all just moments from Mitcham Square and Scotch College. A blemish-free example of why a home of this era and ilk only gets better with age, it only seems fair to impart open-plan living and a lounge/sitting room like this, both with a view to the rustic red brick of that flexible studio and the Manchurian Pear tree of a rather magical rear yard.
The freedom of its floorplan and parcel is matched by Lower Mitcham's enviable position within 15-minutes of the CBD and the prized catchment of Unley High and Colonel Light Gardens Primary Schools, with quality private schooling including Walford Girls, Scotch and Mercedes Colleges also nearby.
- Large carport with room for two cars
- Three large bedrooms to impeccably presented, sandstone fronted original home with polished timber floors and lofty decorative ceilings
- Large super-functional kitchen with expansive breakfast bar, Asko dishwasher, gas cooktop, filtered water and storage high and low
- Blackbutt timber floors and matching high ceilings to extension
- Alfresco patio to rear
- Flexible floorplan with ingenious study nook
- Timber-beamed ceilings to sitting lounge room
- A second extension included the addition of a huge laundry and second bathroom
- Studio could be anything from another bedroom to a gym or games room
- Loads of shedding, including powered storage shed, bike shed and garden shed
- Lush rear yard with automatic watering/irrigation, lawns, swing set and raised veggie patches
- Loads of storage, including built-in robes to all bedrooms
- Cosy combustion fireplace to open-plan rear
- Just moments from public transport, including train and bus stops
CT Reference - 5297/517
Council Rates - $2,439.65 p/a
Land Size - 763sqm (approx)
Year Built - 1920
Total Build area - 284sqm (approx)
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 286513
Listing description written by Lincoln Marshall, OC — reproduced as published, not verified by Districts.